News

Regulation
BCFP, USAA Settle After Payment Violations
January 03, 2019

The Consumer Financial Protection Bureau (CFPB) announced on Thursday (Jan. 3) that it had reached a settlement with USAA Federal Savings Bank over allegations that the bank violated the Electronic Fund Transfer Act, among other transgressions. Get the Full Story Complete the form to unlock...

Partnerships / Acquisitions
Cloudera And Hortonworks Merge To Take On Amazon
January 03, 2019

Data software companies Cloudera and Hortonworks have combined to take on Amazon, according to a report from CNBC. 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...

Security & Fraud
Partial Fix For Vulnerability In Chrome Web Browser For Android
January 03, 2019

Google has reportedly patched a security weakness in its Chrome web browser for Android that could impact users’ privacy. 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
Online Car Marketplace CarDekho Raises $110M For Services Expansion
January 03, 2019

India-based internet car marketplace CarDekho has raised $110 million in fresh venture 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 to our daily newsletter, PYMNTS Today....

Global Payments
CoralPay Rolls Out USSD System; LeoVegas Adds Swish Support
January 03, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the CoralPay Technology Limited GameTech rollout of a mobile payment and unstructured supplementary service data (USSD) system in an effort to serve Nigerian customers. In addition, GameTech company LeoVegas’ is rolling out...

Investments
Lightspeed China Partners Raises $560M To Invest In China Tech Companies
January 03, 2019

Lightspeed China Partners announced Thursday (Jan. 3) that it completed fundraising for its fund family IV, raising $560 million. 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...

Retail
Why Everlane Thinks Retail Needs Rethinking
January 03, 2019

While any number of brands now market their wares on sustainability, inclusivity and transparency as of 2019, when Everlane was first getting off the ground in 2011, those buzzwords were far less common. In fact, Everlane built its first buzz as a direct-to-consumer (DTC) fashion brand...

Retail
Five Ways QSRs Are Encouraging Diners To Skip Lines And Order Ahead
January 03, 2019

To encourage diners to skip the line and order ahead, quick-service restaurants (QSRs) have offered their customers rewards, discounts and other incentives. Their aim is to help turn one-time buyers into return customers and encourage them to spend more at their restaurants — and visit...

Retail
Misfits Market Founder On Rescued Produce As A Subscription
January 03, 2019

Nature inspires some food startup founders to discover untapped opportunities. Misfits Market, for instance, grew out of Founder Abhi Ramesh’s trip to an orchard in Eastern Pennsylvania. On his apple picking adventure, Ramesh noticed that some of the fruits had fallen off the trees too...