News

Retail
Smartphone Shipments In China Fall 15 Pct
January 08, 2019

In the midst of troubling sales forecasts for Apple and Samsung, smartphone shipments in China dropped by 12-15.5 percent, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Amazon Woos Consumers With Free Samples
January 08, 2019

Retail giant Amazon is continuing its push into advertising, as the company is now sending free samples of products to customers based on their order history and profile data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Drone Company Flytrex Secures $7.5 Million
January 08, 2019

Flytrex, a six-year-old Israeli startup, has raised $7.5 million in Series B financing, according to a report in VentureBeat. 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...

Global Payments
Singtel’s Dash Plans Remittance Service; KinerjaPay Notches $200M Investment
January 08, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Singtel’s Dash’s plans to introduce a remittance service to allow users to send money from Singapore to Myanmar. In addition, Pakistan’s Telenor Microfinance Bank unveiled a cross-border remittance service based...

International
China Tech Firms U.S. Patent Awards Increased In 2018
January 08, 2019

The number of tech patents that China was awarded in the U.S. increased in 2018, marking the only country to see an uptick in the number of U.S. patents granted. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
IBM Ends 2018 With 9.1K Patents Under Its Belt
January 08, 2019

IBM announced Tuesday (Jan. 8) that it received 9,100 patents last year, marking the 26th year in a row in which it led in terms of U.S. patents. In a press release, Armonk, New York-based IBM said it led the industry in terms of artificial...

Partnerships / Acquisitions
Plaid Buys Quovo To Help Developers Build Data-Driven Apps
January 08, 2019

Plaid, the FinTech company that enables developers to create financial services applications, announced Tuesday (Jan. 8) that it has acquired Quovo to make it easier for developers to create products that include investment data. Get the Full Story Complete the form to unlock this article and...

Digital Banking
Chime’s Expanding Banking Services Menu
January 08, 2019

When Chime’s Co-founders Chris Britt (CEO) and Ryan King (CTO) first set out to start a web bank, it was with one idea in mind: offering middle-class consumers a good deal. It was something that was surprisingly hard for them to find in mainstream banking. Get the...

Retail
Privé Revaux’s Celebrity Sunglasses For Discount Prices
January 08, 2019

Sunglasses and cool have a long and storied relationship. Jack Nicholson, Bono, Anna Wintour and Elton John are all famously cool and are known for wearing sunglasses all of the time (including at night and indoors), and though they all probably would have been cool...