Welcome to The Axis, your late look at payments news from around the world. Coverage includes the expanded collaboration between Germany’s Wirecard and European low-cost airline Wizz Air. In addition, AIB is making Fitbit Pay available to its customers in Ireland, and the UAE’s Beam plans to...
Cross River, a provider of banking services for financial technology companies, has raised about $100 million in a funding round, according to a report by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
European lawmakers voted to spruce up legislation aimed at tech giants to put a stop to unfair business practices, according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Hulu users have a brand-new way to pay, the company announced on Thursday (Dec. 6). Hulu and Venmo have teamed up to provide Venmo’s payment services to the streaming platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Boku, a company that lets users charge smartphone purchases to their bills from companies like Apple, Microsoft and Spotify, among others, has purchased Danal, an outfit that specializes in phone identity and authentication, according to a report from a tech publication. The merger will allow...
Walgreens and FedEx announced Thursday (Dec. 6) the nationwide launch of a next-day prescription delivery service, bringing together Walgreens’ network of neighborhood pharmacies with the FedEx air and ground delivery network to provide a convenient way for patients to fill prescriptions. Get the Full Story Complete the...
Deutsche Bank’s exposure to the Danske Bank money laundering scandal has increased after the bank found it processed an additional €31bn of suspicious funds for Danske Bank than previously thought, reported Financial Times. Get the Full Story Complete the form to unlock this article and...
Target and Walmart, among other companies, are asking the Fed to create a way for interbank transfers to be settled in real time, 24/7, in an effort to get paid in real time. The system may eventually shorten the lag time between when a shopper...
“There’s an app for that,” the old digital adage goes, and shoppers seem to be taking note: Consumers’ spend in app stores is poised to top $122 billion next year per a recent App Annie report, or two times the global box office market size....
