News

Artificial Intelligence
Australian Finance Regs Look To AI For Compliance
April 08, 2019

Australian financial regulators are feeling pressure to ensure financial institutions treat customers properly and have turned to artificial intelligence (AI) in an attempt to improve compliance, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
PayPal Takes The Court With WNBA’s Phoenix Mercury
April 08, 2019

While the last few years has seen a lot of expansion out of PayPal, it’s latest announcement with the WNBA’s Phoenix Mercury certainly stands out.  The team and PayPal have announced  that PayPal will be the team’s official jersey badge partner.  The Mercury’s jersey from here...

Investments
FinTech Branch Raises $170M, Partners With Visa
April 08, 2019

Branch, the popular finance app in Africa, announced on Monday (April 8) that it has inked a partnership with Visa and raised $170 million in venture funding led by Foundation Capital and Visa. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Walmart-Amazon Battle In Mexico Forces Suppliers To Choose Side
April 08, 2019

Walmart in Mexico is demanding discounts from food firms that also supply Amazon, and some are pulling their products from Amazon for fear of adversely affecting their relationship with Walmart, according to a report by Reuters. Get the Full Story Complete the form to unlock...

Investments
Kabbage Raises $700M For SMB Lending
April 08, 2019

Kabbage, the global financial services company for small businesses, announced Monday (April 8) it has closed the largest asset-backed securitization (ABS) by a small business online lending platform to date for $700 million. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Pinterest Aims To Raise $1.3B In IPO At A Valuation Of $11.3B
April 08, 2019

Pinterest, the image search operator that is gearing up for an initial public offering, is aiming to raise $1.3 billion at a valuation of $11.3 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Samsung Galaxy S10 Fingerprint Sensor Tricked By 3D Printer
April 08, 2019

A Samsung Galaxy S10 user was able to show how he could trick the in-display fingerprint sensor using a 3D printer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Retail’s Staffing Stumbling Block
April 08, 2019

For the most part, the employment picture in the United States is strong. Last week’s jobs report indicated 196,000 positions were added to the U.S. economy in March, beating analyst expectations and demonstrating a big bounce back from an unusually weak February. Initial reports indicated...

Retail
QSRs Redouble App Efforts Amid Mobile Order-Ahead Surge
April 08, 2019

In the digital age of dining technology, consumers have a range of alternatives to ordering at the counter or drive-thru: They can tap into a wide array of quick-service restaurant (QSR) and third-party apps. These solutions let consumers place their orders for that burger and...