News

Investments
Funds Flow in Southeast Asia, Giving Tech Unicorns Wings
February 06, 2019

In Asia, the marquee names seem to be ones that are attracting attention when it comes to investors’ appetites — and money! — and so they are big, and getting bigger. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
Bank Of America Rolls Out Digital Tool For Entrepreneurs
February 06, 2019

Bank of America announced on Wednesday (Feb. 6) the launch of Business Advantage 360, a digital dashboard aimed at helping entrepreneurs manage their business finances. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Hackers Employed By China Infiltrate Norwegian Software Company Visma
February 06, 2019

Hackers employed by the Chinese government were able to get into the network of Visma, a Norwegian software company, to steal client secrets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Tesla Opens Amazon Store
February 06, 2019

Tesla, the maker of green automobiles, is trying to get its branded merchandise to more consumers, reportedly by launching a store on Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Indian Government Drafts New Rules For Chinese App Makers
February 06, 2019

The Indian government is going after social media apps run by Chinese companies, gearing up to create new regulations that will force them to oversee the content being shared. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Global Payments
Deposit Solutions Brings Savedo To Switzerland; Mall Retailers Take WeChat Pay
February 06, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Deposit Solutions’ rollout of business-to-consumer (B2C) open banking channel Savedo in Switzerland. Yooz launched an automated accounts payable (AP) solution based on the cloud for the U.K., Mall of the...

Investments
Calm The Latest Unicorn With $88M In New VC Funding
February 06, 2019

Calm, the startup that helps people contend with anxiety, stress and insomnia, has raised $88 million in venture funding, giving the company a valuation of $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
White-Glove Returns With A Finger On Changing Retail Logistics
February 06, 2019

Some startups are born after an entrepreneur spots a missing niche in the market: ReturnRunners, for instance, was started after its founder saw a need for a service that could help her return unneeded purchases in an age when she could outsource her groceries, dinner...

Retail
IKEA Tests Subscriptions In The Sharing Economy Age
February 06, 2019

Brick-and-mortar retailers are reinventing their business models amid changes in consumer preferences and the emergence of the sharing economy. IKEA, which is known for selling flat-packed furniture from 276 locations in 25 countries, is experimenting with a subscription offering in Switzerland. The pilot, which is...