News

Fintech Investments
FinTechs Raised A Record $39.57B In VC Funding Last Year
January 29, 2019

Financial technology startups were able to raise $39.57 billion in venture funding last year, marking a 120 percent increase from 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fintech Investments
FinTech Acorns Hits $860M Valuation
January 29, 2019

Investing and savings startup Acorns has announced a Series E funding round to bring its valuation to $860 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...

Payments Innovation
Digital Lending’s $1.4T Travel Payments Plan
January 29, 2019

The family trip to Disney World, the honeymoon to Hawaii, the 25-year anniversary spent in Paris — the big trips people take aren’t just vacations or chances to see something new, but often mark the biggest events in people’s lives. Get the Full Story Complete the...

International
Chinese Smartphone Shipments Fell Below 400M Units In 2018
January 28, 2019

Perhaps the most telling sign of China’s continued softening smartphone numbers was Apple CEO Tim Cook’s message to investors in early January, citing the decreased demand for phones in the world’s largest market. Get the Full Story Complete the form to unlock this article and...

Regulation
Google GDPR Complaint Suggests Personal Data Misuse
January 28, 2019

A General Data Protection Regulation (GDPR) complaint shows that Google may have misused people’s personal data and categorized them in highly sensitive ways, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
Amazon Grows Exclusive Product Lines From Outside Brands
January 28, 2019

Amazon wants to get more exclusive — and it wants other companies to help with that effort by developing product lines meant to be sold only via the eCommerce operator. That move comes as Amazon has had trouble wooing some direct-to-consumer brands. Get the Full...

International
Nearly 100 Chinese Tech Startups Hit Unicorn Status In 2018
January 28, 2019

China’s startup market had a good year in 2018, with close to 100 technology companies garnering a valuation of more than $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees
January 28, 2019

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? Get the Full Story Complete the form to unlock...

Regulation
India’s Snapdeal On Board With New eCommerce Rules
January 28, 2019

Snapdeal, the Indian eCommerce company, is backing India’s new eCommerce rules that will hurt Amazon.com and Walmart, saying in a letter to the federal government that protests over the new legislation underscore just how necessary is is. Get the Full Story Complete the form to...