News

Banking
UK Digital Bank Monzo Eyes Expansion, Tests SMB Accounts
February 11, 2019

Monzo, a digital bank out of London, wants to expand past just mobile-based personal banking customers to small and medium-sized businesses (SMBs).   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Nuro Raises $940M From SoftBank For Robotic Delivery
February 11, 2019

Nuro, the robotics company operating in the commerce market, announced on Monday (Feb. 11) that it has raised $940 million in financing from the SoftBank Vision Fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Apple Chinese iPhone Shipments Plummet 20 Pct In Q4
February 11, 2019

Shipments of Apple’s iPhones plummeted around 20 percent in China during the fourth quarter of last year, as competitor Huawei Technologies was able to steal share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Lloyds Online Banking Platform Experiences Outages
February 11, 2019

Lloyds, the U.K. banking company, saw its online banking platform go down on Monday (Feb. 11) morning, with City A.M. reporting some users couldn’t get into the website. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Global Payments
Nets Unveils Przelewy24 Strategic Alliance; Mobitel Introduces mCashQR Feature
February 11, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Alipay’s findings for mobile payment behavior during the Lunar New Year celebrations in China. Paytm reportedly had the most Unified Payments Interface (UPI) transactions in January in India, Nets...

International
Tier Mobility And Voi Technology Hold Initial Deal Talks
February 11, 2019

Tier Mobility and Voi Technology, two European scooter startups, are reportedly in initial talks to merge, as competition in the scooter market increases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
The Evolution Of Home Shopping, From Radio To Live Streams
February 11, 2019

Lowell W. “Bud” Paxson, the owner of a radio station in Florida, had a challenge one day in the 1970s: He was short on money and payday was approaching. Paxson decided to pay a visit to one of his advertisers to try to collect a...

Retail
Why Health And Beauty Retailers Are Driving Digital Innovation
February 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. Get the Full Story...

Retail
Outdoorsy On Adventure Travelers, Driveway Surfers And Trying To Be The Airbnb For RVs
February 11, 2019

Entrepreneurs sometimes see opportunity in places that are far from the hustle and bustle of city life: When spending time in San Francisco, Outdoorsy Co-founder and CEO Jeff Cavins spotted an unmet need for accommodations other than hotels or home shares in scenic destinations. And...