News

B2B Payments
Bitwage Launches Multi-Bank Accounts For Freelance Bitcoin Payments
February 16, 2019

Bitwage, a FinTech that enables professionals to be paid in bitcoin and other currency from their employers, is rolling out a new service for freelancers to more seamlessly be paid, regardless of which freelance platform they use. Get the Full Story Complete the form to...

News
Amazon HQ2, JPM Coin And The Weird, Wild Week Of Payments’ Left Turns
February 16, 2019

There is no such thing as a boring week in payments, of course. Every seven-day period is good for at least one unexpected twist. But this week wasn’t good for just one big twist – it was something of a parade of surprises with twists and turns, one after...

Investments
Home Selling Platform Opendoor Seeks To Raise $200M
February 15, 2019

One month after home selling platform Knock raised $400 million in a Series B round, rival Opendoor is reportedly looking for $200 million in funding. The company, which filed documents in Delaware that mentioned a “Series E-2,” is looking for a valuation of $3.7 billion, according to...

Security & Fraud
Former Goldman Sachs Director Waives Extradition In Malaysia 1MDB Scandal
February 15, 2019

An ex-Goldman Sachs banker who’s accused of being involved with a multibillion-dollar scandal in Malaysia has requested to be sent to the U.S. to face his charges, according to a report in the Financial Times. Get the Full Story Complete the form to unlock this...

Regulation
Brexit To Bring ECB Scrutiny To Bear On Banks
February 15, 2019

Brexit backlash? 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...

Security & Fraud
Watchdog Orders Deutsche Bank To Review Policies Post-AML Scandal
February 15, 2019

Bafin, the German financial watchdog that is monitoring Deutsche Bank’s involvement in the Danske Bank money laundering scandal, has asked the bank to review some of its correspondent banking policies, according to a report from Reuters. Get the Full Story Complete the form to unlock...

IPO
Lyft Vies With Uber For IPO, Uses Growth To Draw Investors
February 15, 2019

Ride-hailing app Lyft, an Uber competitor in the U.S. and Canada, is attempting to become the first publicly listed ride-hailing company, according to a report from Reuters. However, so is Uber. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Amazon Leads $700M Round In Electric Automaker Rivian
February 15, 2019

Following the unveiling of its electric vehicle concepts in 2018, Rivian Automotive LLC has notched a $700 million equity investment led by Amazon. And the electric automaker, which is based in Michigan, is reportedly in discussions with General Motors about potential funding, Bloomberg reported. Get...

Retail
Can Healthcare Services Revitalize Retail For CVS?
February 15, 2019

CVS retail business, separate from its pharmacy operations, has had a difficult few years. Same-store sales have been falling, particularly as some staples that were once common drugstore sales have departed solidly online. Get the Full Story Complete the form to unlock this article and enjoy...