News

Security & Fraud
Wirecard: Internal Investigation Clears Accounting Manager
March 14, 2019

Wirecard, a German payments company, said an internal investigation has cleared its Asia-Pacific accounting manager who was accused of faking transactions to boost revenue numbers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Digital Banking
Paytm Launches New Mobile Banking App
March 14, 2019

Paytm, the India-based eCommerce and digital wallet company, has announced a new mobile banking app called Payments Bank, according to reports. The app, available for download in the Google Play store and coming soon to iOS, will allow customers to check balances, request debit cards,...

Banking
JPMorgan CEO: Europe Needs Pan-European Banks
March 14, 2019

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said European banks should look beyond their borders for mergers to take advantage of the full economic power of the region, according to a report by Bloomberg. Get the Full Story Complete the form to unlock...

Payment Methods
Sephora Stores Launches Its First Credit Card
March 14, 2019

Sephora, the Paris-based french multinational beauty retailer, announced on Thursday (March 14) the launch of a new credit card program in San Francisco, California. The company said in a press release that starting in the spring, it will offer the Sephora credit card, Sephora stores...

Global Payments
Network International Eyes London Listing; Vipps Teams With Nets For Bill Payments
March 14, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Dubai-based Network International’s potential future London Stock Exchange listing. BMP Festival Portugal has inked a deal with Event Genius for cashless payments, Canada’s Steinbach Credit Union has tapped into Samsung Pay...

Retail
Taking The Pain Out Of Luxury Beauty Pricing
March 14, 2019

There is an old French saying that most people have heard in some form or another, usually while on the verge of buying something stylish but uncomfortable: Il faut souffrir pour être belle. Translated loosely, it means “beauty is pain,” though it sounds a bit more...

Retail
What Really Works With Digital Innovation In Grocery?
March 14, 2019

Take a closer look at grocery retail these days, and you’ll find an interesting story. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Retail
Kroger Sells YouTech To Inmar For $565M
March 14, 2019

Inmar has bought You Technology (YouTech), a digital coupon and digital rebate publishing platform, from Kroger for $565 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

B2B Payments
SWIFT Signals Further Openness To Blockchain?
March 14, 2019

The movement to bring blockchain to cross-border payments proceeds apace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...