News

B2B Payments
American Express Ventures Invests In API Platform Cloud Elements
October 31, 2018

Cloud Elements, a platform offering application program interface (API) integration solutions, secured an investment from the venture capital (VC) arm of American Express (Amex), the company said in a press release issued Tuesday (Oct. 30). Get the Full Story Complete the form to unlock this article and...

B2B Payments
WAYV Lands Seed Funding For Cannabis B2B Procurement Platform
October 31, 2018

With cannabis legalization expanding around the globe, marijuana-targeting FinTech startups are a growing breed, too. The latest to secure venture capital is WAYV, a procurement platform designed for the legal cannabis industry. A press release this week said the firm landed $5 million in Seed...

Digital Banking
Monzo Reaches Unicorn Status With $1.3B Valuation
October 31, 2018

Monzo, the U.K. mobile-only bank, now has a valuation of $1.3 billion, pushing the startup into unicorn status. 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...

International
UK Facing Pushback For Tax On Tech Companies’ Revenue
October 31, 2018

The U.K. is facing pushback by lawmakers in the U.S. and lobbyists who contend a new tax on some of the world’s biggest internet companies would create what is seen as a dangerous precedent. Get the Full Story Complete the form to unlock this article...

Delivery
CVS Tests Free Prescription Drug Delivery Membership Program
October 31, 2018

CVS, the drugstore operator, is testing a program in Boston in which customers get free delivery on prescriptions and online purchases among other perks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Ridesharing
Uber Tests Membership Program Ride Pass
October 31, 2018

Aiming to provide customers with more consistent pricing, Uber announced Tuesday (October 30) a pilot of a new membership program dubbed Ride Pass. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
Even Financial Buys Birch Finance, Ventures Into Credit Cards
October 31, 2018

Even Financial announced it has acquired personal finance app Birch Finance for an undisclosed sum. 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,...

Omnicommerce
NEW REPORT: Retailers Face An Augmented Reality Check
October 31, 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...

Retail
AEVI Software Launch Targets SMB Checkout Improvements
October 30, 2018

It’s never easy being a mom-and-pop merchant, or a similarly small retailer, given the resources of the bigger rivals out there, along with the pace of commerce and payments technology development. However, that also provides endless business opportunity for payment and commerce service providers, of...