News

IPO
Lyft To List On Nasdaq, File IPO Next Week
February 20, 2019

Ride-hailing company Lyft is preparing to list shares on Nasdaq at the end of March, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Google Erred In Not Disclosing Microphone In Nest Security System
February 20, 2019

Google admitted that it didn’t tell users about a built-in microphone in its Nest Secure home security system, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Payless Approved By Bankruptcy Court To Begin Closing Stores
February 20, 2019

Payless, a nationwide discount shoe retailer, has won approval from a bankruptcy court to begin closing its 2,500 stores in North America, effectively putting 16,000 employees into eventual unemployment, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Tide Launches Omnichannel, On-Demand Laundry Service
February 20, 2019

Tide, the laundry brand owned by CPG Detergent, is introducing a service called Tide Cleaners, an on-demand dry cleaning and laundry service, at 1,000 locations in cities across the country, according to reports. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Symantec: Formjacking Is Cybercriminals’ Newest Scam
February 20, 2019

With cybercriminals not making as much from ransomware and cryptojacking, they have been focusing more on a strategy called “formjacking” to raise cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Estonia AML Investigation Widens To Include Swedbank
February 20, 2019

Estonia’s investigation of money laundering involving Danske Bank is widening to include Swedbank, according to a report by Reuters. 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...

Investments
Mojio Closes $40M Funding Round For Tech Dev, Hiring
February 20, 2019

Mojio, a company that focuses on connected car technology, has raised $40 million in a Series B funding round, according to reports. The firm previously raised $17 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Goldman-Backed Construction FinTech Rabbet Raises $8M
February 20, 2019

Rabbet, an intelligent construction finance platform, announced Wednesday (Feb. 20) it has raised $8 million in Series A funding. 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...

Investments
Tencent Touts Aggressive Investment Plans
February 20, 2019

Go big or go home — that could describe Tencent’s aggressive investment philosophy, one whose pace will not ease, according to Martin Lau, president of the China-based internet firm that is responsible for WeChat and other digital tools. Get the Full Story Complete the form...