News

Investments
Deutsche Bank Invests In Modo
August 24, 2018

Deutsche Bank announced that it has acquired an equity stake in Modo Payments, a payments technology company focusing on reducing friction in the payments industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
Why It Pays To Think Globally In The Back-To-School Market
August 24, 2018

A broken link in the global supply chain can have a wide-reaching domino effect. The new Global Payments Architecture Report explores the payment difficulties that companies face in keeping the global supply chain well-oiled and running — especially over that last mile of payment. Dabbawalla...

Cross-border Payments
UK Bank Acct Services At Risk Post-Brexit
August 24, 2018

Britons residing in the European Union (EU) may no longer have access to bank account services and businesses in the EU if a non-deal Brexit were to occur. Citing the British government, Reuters reported documents laying out a plan. Get the Full Story Complete the...

Banking
Goldman Sachs’ Marcus Jumps Across The Pond
August 24, 2018

Goldman Sachs, the Wall Street investment firm, rolled out its consumer bank Marcus in the U.K. Thursday (Aug. 23) offering what the Financial Times said is the highest interest rate in the country to lure new customers its way. According to a report in the...

In The Park. At A Kiosk. Using Digital Payments. Buying $1.6K Designer Jewelry.
August 24, 2018

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IPO
Eventbrite Prepares For $200M IPO
August 23, 2018

Event ticketing service Eventbrite has announced its plans to raise up to $200 million in an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

News
Five At Five: Walmart’s Newest Challenge To Amazon
August 23, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes a look at the latest development in the battle between Walmart and Amazon, and the latest GDPR compliance trends. As well, there is news about a potential...

Investments
Real Estate Startup Bungalow Secures $64M In Funding
August 23, 2018

Residential real estate startup Bungalow announced it has secured $64 million in funding: a $14 million Series A led by Khosla Ventures, Atomic, Founders Fund, Cherubic Ventures and Wing Ventures, as well as a $50 million debt facility. Get the Full Story Complete the form...

Global Payments
ThinkSmart Sells ClearPay Shares To Afterpay Touch; Sainsbury’s Tests Mobile Checkout
August 23, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes ThinkSmart Europe Limited‘s sale of ClearPay shares to Australia’s Afterpay Touch Group Limited. In addition, The Financial Conduct Authority (FCA) has given U.K.-based Wirex an eMoney license, and the Sainsbury’s supermarket...