News

B2B Payments
HSBC China Collabs On Another Blockchain Trade Finance System
January 08, 2019

The China Banking Association (CBA) is hoping to target smaller banks to expand its blockchain platform developed for the nation’s banking sector, reports in BlockTribune said Monday (Jan. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Uber IPO Lowered To $90B
January 08, 2019

A new report says that Uber’s valuation when it goes public is likely to be $14 billion less than its most recent private valuation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
ClassPass Acquisition Extends Global Footprint
January 08, 2019

ClassPass announced that it has signed an agreement to acquire GuavaPass, an aggregator of fitness experiences operating in Asia and the Middle East. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Mobile Payments
Visa, SiriusXM Pair On In-Car eWallets
January 08, 2019

Visa and SiriusXM Connected Vehicles Services, a subsidiary of Sirius XM Holdings, have announced they are teaming up to launch a new in-vehicle payment solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
Online Sports Gambling Makes Bet On Faster Payments
January 08, 2019

Few things feel better than the rush of a winning streak — money bet on a football or baseball team, or a sporting event, that turns into a pile of dough after a victory or beating the spread. But that excitement can quickly deflate if...

Loyalty & Rewards
Ondot CEO: Rewards Are ‘Table Stakes’ — Cardholders Now Expect Experiences
January 08, 2019

There’s more to consumer life than purchase history — and more to card acquisition, too. This implies that there are more pleasing perks to cardholders than rewards. Consumers want engagement and experiences, and issuers that can provide that can not only gain new customers, but...

Artificial Intelligence
Sensory CEO On Voice-Activated Technology’s Next Big Wave
January 08, 2019

In 1994 the fastest imaginable connection to the internet was a 28.9 kbps dial-up modem and email was still mostly a new thing that many people were writing off as a fad. There was no such thing as Amazon.com for the first half the year and...

Security & Fraud
How Neiman Marcus Uses AI to Fight Fraudsters
January 08, 2019

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 form, you agree to receive marketing communications from PYMNTS and...

Retail
KitchenAid Develops A New Smart Oven
January 07, 2019

KitchenAid, a home appliance company founded in 1919, announced on Monday (Jan. 7) that it is releasing the brand’s first connected oven, the KitchenAid Smart Oven+. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...