News

Investments
Goldman-Backed Vietnam Mobile Wallet Momo Snaps Up New Funds
January 18, 2019

Momo, a Vietnam-based FinTech company that provides users with digital payment options, has reportedly received a very large Series C investment from American private equity firm Warburg Pincus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
US Regulators Eye ‘Record’ Facebook Fine
January 18, 2019

Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook, a punishment that could be sizable in scope and which comes in the wake of privacy violations. Get the Full Story Complete the form to unlock this article...

Investments
Amid China’s FinTechs, Small Caps, Short Sales, Big Gains
January 18, 2019

For short sellers – those who bet that stocks will fall rather than rise – amid Chinese FinTechs, this week has led to big gains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Microsoft Admits That Cortana Can’t Compete With Alexa, Google Assistant
January 18, 2019

Microsoft is taking its digital assistant Cortana in a new direction as it has fallen behind Google Assistant and Alexa in the past year, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Amazon Profile
Reliance To Battle Amazon And Flipkart For India eCommerce
January 18, 2019

Indian company Reliance Industries plans to open an eCommerce site geared toward small retailers, one that would rival Amazon and Flipkart, Financial Times reported on Friday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
Five At Five: Apple And Preventative Healthcare
January 18, 2019

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest potential use for the Apple Watch, and Google’s own smartwatch move. Amazon has new SMB sales figures, PayPal offers interest-free advances and Volvo might have...

Regulation
Austrian Lawyer Files Complaint Against Tech Firms Over GDPR
January 18, 2019

An Austrian lawyer has filed a complaint against eight tech giants, including Amazon, Apple, Netflix, Spotify and You Tube, for failing to comply with the European Union’s General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy...

Mobile Payments
Will Apple Pay Pay Off in the Land Down Under?
January 18, 2019

Cash as king in the Land Down Under? Cash as the conduit to Apple Pay inroads in the Land Down Under? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
PayPal Offers Interest-Free Cash Advances To Federal Employees
January 18, 2019

To help those impacted by the government shutdown, PayPal is offering interest-free cash advances up to $500 to federal employees who are new or existing PayPal Credit customers. The move comes as 800,000 workers find themselves without a paycheck, the company said in an announcement. Get...