News

Ridesharing
When Will Profits Hitch A Ride With Uber And Lyft?
February 18, 2019

The world of ridesharing — one that has expanded into such areas as food delivery and last-mile transportation needs via scooters — is about to get really interesting. Not only that, but more clarity will soon emerge about the real and perceived health of the overall...

Payments Innovation
What Amazon HQ2, Interchange Fees And Facebook Have In Common
February 18, 2019

I hosted a digital discussion last week with an executive from Sift with more than 15 years of experience building trust and safety organizations for some of the biggest digital brands in the world – including Google, Facebook and Square. Get the Full Story Complete...

Ridesharing
China’s Didi To Take On Uber In Chile, Peru
February 18, 2019

Didi Chuxing, the Chinese ride-hailing company, wants to take on Uber in Latin America, eyeing Chile, Peru, and Colombia. 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...

Ridesharing
Uber Sues City Of New York To Get Driver Cap Lifted
February 18, 2019

Uber, the ride-hailing startup, filed a lawsuit against the city of New York last week seeking to overturn a rule that puts a cap on the number of drivers that work for ride-hailing companies that can operate in the city. Get the Full Story Complete...

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...