News

B2B Payments
Failed MYOB/Reckon Merger Offers Opportunity For Accounting Startup Karbon
June 19, 2018

Australian small business (SMB) accounting software startup Karbon sees opportunity in the failed merger of industry leaders MYOB and Reckon, according to The Australian Financial Review (AFR) reports Monday (June 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cross-border Payments
Kenya’s Top Cell Phone Provider Opposes Tax Hike On Cash Transfers
June 19, 2018

Kenya’s biggest mobile phone operator, Safaricom, is against a proposed tax rise on mobile phone-based cash transfers. 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...

Payment Methods
WhatsApp’s Indian Payment Feature Boasts One Million Users
June 19, 2018

WhatsApp, the Facebook-owned messaging app that counts more than 200 million monthly users, has launched a payments feature in India during the past several months which now has around a million users. Get the Full Story Complete the form to unlock this article and enjoy...

Vending Machines
TRENDING: Turning Office Fridges Into Healthy Vending Machines
June 19, 2018

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 PYMNTS and...

News
Five At Five: What Does Amazon Mean To QSRs?
June 18, 2018

Welcome to Five at Five, your late look at today’s payments and commerce news. Coverage includes a new, comprehensive look at the QSR world, and Apple’s good day before the U.S. Supreme Court. Walmart is going further with blockchain, Google has a new plan to take...

Banking
Finastra Acquires Mobile Banking Provider Malauzai
June 18, 2018

Finastra, the FinTech company, announced Monday (June 18) that it has acquired Malauzai, a provider of mobile and internet banking solutions for community financial institutions (FIs). In a press release, Finastra said the buy reflects its commitment to the U.S. retail and business banking sectors by...

Mobile Payments
Toss Raises $40M In New Round Of VC Funding
June 18, 2018

Viva Republica, Korea’s FinTech startup and maker of financial services app Toss, announced  Monday (June 18) it has completed a $40 million round of funding raising. In a press release, Viva Republica said the funding came from GIC and Sequoia China, and with it has...

IPO
Tech Unicorn To Bring Billions In Japan, Illuminating A Culture Of Thrift
June 18, 2018

One of the biggest initial public offerings (IPOs) in Japan may herald a sea change across a number of fronts: in payments, how the Japanese population views budgeting and how marketplaces are evolving in that country. Get the Full Story Complete the form to unlock...

Retail
Amazon’s Furniture Sales Reached $4B In 2017
June 18, 2018

Amazon’s furniture sales are on the move: A One Click Retail study found that the eCommerce retailer has more than tripled sales in that category since 2015. And, in 2017, furniture brought in approximately $4 billion, retail news source Chain Store Age reported. Get the...