German company Varjo Technologies has announced a $31 million Series B investment, led by Atomico and Seimens-backed Next47, that will help it launch the world’s first human-eye resolution virtual reality and mixed reality product. Get the Full Story Complete the form to unlock this article and...
Navionics, an Italian company that manufactures electronic navigational charts for boating, was the victim of customer data breach that exposed hundreds of thousands of customer records. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In commerce, the conversion is the Holy Grail. The moment when customer contact becomes a sale, and tips over to meaningful relationships, ideally long-lasting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
China’s Tencent Holdings paid $180 million for an undisclosed minority stake in Brazilian FinTech Nu Pagamentos SA (known as Nubank). As a result of the investment, Nubank is now worth $4 billion, making it one of the most highly valued, privately held startups in Latin America....
The European Union’s (EU’s) banking supervisor wants to know more about how Denmark’s financial watchdog supervised Danske Bank, which is being investigated by the U.S. Department of Justice (DOJ) over alleged money laundering. Get the Full Story Complete the form to unlock this article and...
Talk about cashless and contactless. How about payments made at the speed of sound — to be specific, using encrypted sound waves to make offline payments? Sound is the ancient method of communication, of commerce, where a promise to sell or buy in days of...
A not so very long time ago, chatbots were forecast to be the next big thing in digital ecosystems. Starting with Facebook’s big announcement of its chatbot push at F8 in 2016, all of those forecasts for everything chatbots were going to do starting rolling in. And...
Profits for Australia and New Zealand Banking Group (ANZ) have taken a hit as the nation continues its crackdown on bank misconduct, reports in Reuters said Monday (Oct. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Whether or not we live in the age of irony has been a matter of some debate for the last 20 or so years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...