News

Merchant Innovation
Airbnb Having A Bad Experience With Experiences
February 22, 2018

Online home rental marketplace Airbnb has been trying to branch into new areas with its Experiences service, an offering that focuses on unique experiences for travelers, but the efforts aren’t paying off — at least so far. Get the Full Story Complete the form to unlock...

Banking
60 Percent Of Americans Want The Branch, Not Mobile, To Open New Account
February 22, 2018

While mobile banking has its perks, a new survey has found that 60 percent of Americans prefer opening a new checking account in-person at a bank branch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
PayPal-Backed Raisin Savings App Launches U.K. Website
February 22, 2018

PayPal-backed Raisin has launched a dedicated U.K. site for its savings deposit marketplace. 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....

Cross-border Payments
Senior Bank Official Arrested In India’s Diamond Fraud Scandal
February 22, 2018

A senior official of state-run Punjab National Bank (PNB) in India was arrested by federal police as part of an investigation into a $1.8 billion scam at the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Walmart Moves On Interior Design With New Site
February 22, 2018

Walmart, in its ongoing quest to reinvent its digital presence, is rolling out a new online portal for consumers seeking home goods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Delivery
 Digitizing The Last Mile In Real Time Via APIs
February 22, 2018

The “Amazon Effect” changes everything — from the way we look for goods to the window of time in which we expect to receive them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
With AI-Banking Growing, Ally Seeks To Humanize Conversational Tech
February 22, 2018

Banks want to get smarter even — or perhaps especially — if that includes a dose of artificial intelligence (AI). 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...

Merchant Innovation
Moovit Picks Up $50M To Expand Global Transit Analytics
February 21, 2018

Public transit app Moovit announced Wednesday (Feb. 21) that it had closed a Series D round of funding, raising $50 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
Venezuela Sells $735M In ‘Petro’ Crypto Presale
February 21, 2018

As Venezuela struggles with hyperinflation and its currency reaches record lows, the country has reportedly sold $735 million of its “petro” cryptocurrency during day one of its presale. Yet Venezeula’s President, Nicolas Maduro, did not present evidence backing up that figure — or offer details...