News

Delivery
Postmates Debuts A Self-Driving Delivery Robot
December 13, 2018

Postmates has stepped up its delivery game with a robot designed with eyes, turn signals and even the ability to yield. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Yamaha Invests $150M In Grab’s Motorcycle Service
December 13, 2018

Southeast Asia ride-hailing company Grab has received a $150 million investment from Yamaha Motor Company, according to reports. Grab, which recently bought out Uber in the region, is in the midst of a Series H funding round. The two companies plan to collaborate on providing pliable financial...

B2B Payments
Western Union, TerraPay Team Up For Mobile Wallet Payout Options
December 13, 2018

Western Union has teamed up with TerraPay, a B2B mobile payments company, to enable bank account and mobile wallet payouts, according to the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Delivery
Instacart Will No Longer Work With Whole Foods
December 13, 2018

Instacart, the grocery delivery service, will begin the process of separating from long-time partner Whole Foods, according to a report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Partnerships / Acquisitions
Emergent Technology Buys Interpay To Get Access To Africa
December 13, 2018

Emergent Technology, the financial technology company, announced Thursday (Dec. 13) that it has bought Interpay, a Ghana-based payments processor. Terms of the deal were not disclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Robinhood Launches Checking, Savings Account
December 13, 2018

Robinhood, the mobile investment app company, announced Thursday (Dec. 13) that it has launched Robinhood Checking & Savings, a new feature aimed at expanding its mission to overhaul the financial system in America. Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
Square Appointments Integrates With Google And Instagram
December 13, 2018

Square is giving merchants a better way to work with Google and Instagram. The company says that its Square Appointments will now integrate with those two platforms, “allowing sellers to grow awareness of their business and acquire new customers right from their social media feed...

Banking
Revolut Gets Banking License By European Central Bank
December 13, 2018

Revolut, the U.K. digital bank, announced Thursday (Dec. 13) that it received approval for a banking license in Europe by the European Central Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
AriseBank To Pay $2.3M Over ICO Violations
December 13, 2018

AriseBank, a startup that ran afoul of regulators in the U.S. with its initial coin offering (ICO), agreed to pay $2.3 million, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...