News

IPO
Will Slack’s Direct IPO Be A Direct Hit With The Street?
February 05, 2019

For the stock market, 2018 seems so rear view mirror, among the worst years in a decade. 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...

Retail
Amazon Pantry Reboots In India Under New eCommerce Laws
February 05, 2019

On Feb. 1, new eCommerce rules in India began limiting what online retailers like Amazon and Flipkart can sell in the country. Now, Reuters is reporting that Amazon’s grocery service is active again, but it’s off to a slow start. Get the Full Story Complete...

Retail
Target Brings New Personalized Loyalty Program To More Cities
February 05, 2019

Since March, Target has been quietly testing a new loyalty program for its members in Dallas. The program, called Target Circle, will now debut in five cities on Feb. 19, according to a report by CNBC. Get the Full Story Complete the form to unlock...

Investments
Lunchr Raises $34M As It Goes After Meal Voucher Market
February 05, 2019

Lunchr, the French startup going after the corporate meal voucher market, has raised $34 million in 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...

International
India Banks Could Face Billions Worth Of Bad Loans
February 05, 2019

Indian banks, already struggling with roughly $150 billion in bad loans, may have to come up with 400 billion rupees (or $5.59 billion) to cover potential losses from loans that could default from now until September of 2020. Get the Full Story Complete the form...

Global Payments
THE LIST Teams With BitBay Pay; Monese Rolls Out Apple Pay Support
February 05, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes U.A.E.-based THE LIST bringing crypto payments to its platform. Monese added support for Apple Pay for personal cards in the U.K. as well as France, Wirecard joined forces with...

Retail
Neiman Marcus Names Two Execs As It Builds Luxury Platform
February 05, 2019

Neiman Marcus Group announced Tuesday (Feb. 5) the appointment of two executives to lead its customer and store strategies. 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...

Investments
CoverHound Raises $58M For Expansion Of Insurance Platform
February 05, 2019

CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. 5) that it raised $58 million in 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...

Partnerships / Acquisitions
AEVI, Secure Trading In White-Label POS Pact
February 05, 2019

On Tuesday (Feb. 5), AEVI and Secure Trading/acquiring.com said they have teamed up to offer a POS solution that focuses on white-labeled, standalone and semi-integrated hardware and services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...