News

India Payment And Commerce Competition Heats Up
August 28, 2018

Payments and commerce competition in India is quickly heating up in 2018, with Google the latest company to make a major play there as it eyes further expansion in Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Partnerships / Acquisitions
PayPal’s Xoom, Euronet’s Ria Pair On Remittances
August 28, 2018

PayPal has increased its foothold in Eastern Europe and Africa, and has boosted its presence in the global remittance market, through a new partnership agreement. Its Xoom service has signed a deal with Euronet Worldwide subsidiary Ria, which will offer Xoom customers cash pickup services...

Retail
Sears Sparked By Amazon Effect As Tires Gain Ground
August 28, 2018

The problems bedeviling Sears are well-known. Retail is rendered, more and more, through digital means. Sales have been sliding. The company has been shuttering stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Global Payments
Salary Finance Notches $20M In Series B; Tyro Teams Up With Alipay In Australia
August 28, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes U.K.-based Glint teaming up with partners for a U.S. rollout. In addition, U.K.-based Salary Finance has notched $20 million in Series B funding, and Australian business-only bank Tyro has announced an agreement with...

ZestMoney Raises $13.4M, Led By Xiaomi
August 28, 2018

ZestMoney, a FinTech startup out of India, recently landed a $13.4 million investment led by Xiaomi, the Chinese tech company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Alternative Finances
Lending Is Failing To Live Up To 2018’s Great Expectations
August 28, 2018

It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial lending tending toward a slump. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Very Good Security Raises $8.5M In Round Of Funding
August 28, 2018

Very Good Security (VGS), a startup working to protect data, told TechCrunch on Tuesday (August 28) that it raised $8.5 million in a venture round of fundraising. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Rakuten Reveals Its Plan To Take On Amazon
August 28, 2018

Japanese eCommerce firm Rakuten is thinking big these days, according to recent reports, sharing ambitious goals of taking on wireless technology provider SoftBank by launching a cutting-edge wireless network and winning back market share from the ever-encroaching Amazon.com. Get the Full Story Complete the form to...

Retail
Auto Relocation, Sharing Economy Style
August 28, 2018

Peer-to-peer (P2P) marketplaces seek to make car relocation more accessible as they tackle the challenge of moving vehicles across the country. Consumers might put out a query online and be bombarded with responses when they first look to move said vehicles, a process that sometimes...