News

Investments
DoorDash Secures $250M In Growth Round
August 17, 2018

Food ordering and delivery company DoorDash announced that it has raised $250 million in a growth round co-led by Coatue Management and DST Global. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
letgo CEO: How AI Helps Reinvent The Secondhand Marketplace
August 17, 2018

It’s hard to give up that old wardrobe, teddy bear, bass guitar…you name it.  But make the decision and letgo helps people, well, let go.  CEO Alec Oxenford tells PYMNTS how AI – specifically auto recognition tech – helps match buyers and sellers, and gives...

Banking
The Price Of Digital Progress? Discarding ‘Wet’ Signatures
August 16, 2018

These are not the best times for ink pens and crisp, elegant, handwritten signatures from corporate executives. As much of the payment and contractual paperwork that underlies the economy shifts from paper to digital (a slow but ongoing change), signatures are transforming, too. One of the...

Cross-border Payments
Why Belgium Can Be A Good ‘Test Market’ For FinTech Firms
August 16, 2018

Belgium, which is home to many European Union (EU) institutions, is also a burgeoning FinTech hub. The country has the fifth-highest number of FinTech deals in Europe, according to an analysis from Belgium-based European FinTech platform B-Hive. Get the Full Story Complete the form to...

News
Five At Five: Amazon Might Buy Movie Theaters
August 16, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest business target of Amazon, along with news Uber’s narrowing losses. Google might do more with health, a major grocery chain gets into self-driving technology and...

Payment Methods
Zelle Eyeing Expansion Into Small Business Payments
August 16, 2018

Zelle, the digital payment app that enables consumers to send money to friends and family, is gearing up to expand its offering to enable customers to pay small businesses. Bloomberg, citing people familiar with the situation, reported Zelle is in the process of enhancing its risk...

Global Payments
Fortumo Rolls Out Direct Carrier Billing In Sweden; MySQUAR Launches Remittance Service
August 16, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Fortumo’s rollout of direct carrier billing in Sweden. In addition, Australia Post is deploying a multilane payment solution from Verifone, and MySQUAR has rolled out a soft-launch of a remittance service....

Retail
Kroger Embraces Self-Driving Delivery Tech
August 16, 2018

According to reports, Kroger, in partnership with self-driving car startup Nuro, is ready to take the next step in grocery delivery, by putting an autonomous vehicle on the road to get the job done in Scottsdale, Arizona. The move comes a few months after the two...

Retail
US Retail Sales Rose Higher In July
August 16, 2018

U.S. retail sales rose higher than expected last month — a sign that the economy remained strong early in the third quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...