News

Faster Payments
Who Will Lead The US To Real-Time Ubiquity By 2020?
January 24, 2019

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Investments
Travel Startup Uplift Raises $123 Million
January 23, 2019

Travel startup Uplift has raised $123 million in a Series C funding round, according to a report in TechCrunch. The company’s CEO, Brian Barth, previously founded travel startup SideStep, but he sold that to Kayak for $200 million. Get the Full Story Complete the form...

eCommerce
Online Sales Of Used Goods Spreads Globally — And Is Growing Up
January 23, 2019

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Security & Fraud
Ex-Barclays Execs Accused Of Concealing £322 In Qatar Fees
January 23, 2019

Four former high-ranking bank officials at Barclays have been accused of hiding 322 million pounds ($420 million) in payments to Qatar in exchange for investing in the bank and cash infusions in 2008, according to a report from Reuters. Get the Full Story Complete the...

Digital Banking
SWIFT Messages Hit All-Time High, Driven By gpi Adoption
January 23, 2019

SWIFT, a leader in secure financial messaging services, said that it facilitated an average of 31 million messages a day in 2018, an increase of 11 percent over 2017, and 56 percent over the last five years, according to a press release. Get the Full...

Amazon Profile
Amazon, Google, Microsoft, Others Spent Millions Lobbying In 2018
January 23, 2019

Tech giants like Facebook, Apple, Google, Twitter and Microsoft spent $64 million last year in the hopes of helping to influence regulations and combat increased scrutiny from U.S. politicians, according to a report in The Washington Post. Get the Full Story Complete the form to...

International
Santander To Close 140 UK Branches, Lay Off 800
January 23, 2019

Banco Santander’s U.K. unit is gearing up to close 140 branches and let go of roughly 800 employees. 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...

Retail
Legal Canadian Marijuana Sales Top $40M In First Month
January 23, 2019

One month after Canada legalized marijuana for everyone in the country, Canadians spent C$54 million ($41 million) on the product, according to a report in Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Amazon Profile
Amazon Lures Shippers With Promise Of Lower Delivery Fees
January 23, 2019

Amazon, which is expanding its in-house delivery network dubbed Amazon Shipping, is wooing customers by offering fees lower than those charged by traditional carriers such as FedEx and United Parcel Service (UPS). Get the Full Story Complete the form to unlock this article and enjoy...