News

Security & Fraud
Deep Dive: Protecting Platform Payments
August 24, 2018

Online payment platforms have changed how worldwide consumers do business. Ride hailing platforms and short-term rental websites aren’t the only ones looking to get in on that revenue, though. Fraudsters are increasingly targeting marketplace platforms and related companies in hopes that still-fledgling firms won’t yet...

Security & Fraud
Venmo Might Get Rid Of Public Transaction Posts To Protect User Privacy
August 23, 2018

Executives at PayPal are deciding whether they should remove the option to post and view public transactions on Venmo. 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...

IPO
Eventbrite Prepares For $200M IPO
August 23, 2018

Event ticketing service Eventbrite has announced its plans to raise up to $200 million in an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

News
Five At Five: Walmart’s Newest Challenge To Amazon
August 23, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes a look at the latest development in the battle between Walmart and Amazon, and the latest GDPR compliance trends. As well, there is news about a potential...

Security & Fraud
North Korean Hackers Going After Crypto Exchanges
August 23, 2018

North Korean hackers are at it again, with the group “Lazarus” setting their sights on cryptocurrency exchanges. Information security firm Kaspersky Labs revealed the latest cybersecurity issue on its Securelist blog, saying that the hacking group is tricking unsuspecting users into downloading cryptocurrency-related software laced...

Investments
Real Estate Startup Bungalow Secures $64M In Funding
August 23, 2018

Residential real estate startup Bungalow announced it has secured $64 million in funding: a $14 million Series A led by Khosla Ventures, Atomic, Founders Fund, Cherubic Ventures and Wing Ventures, as well as a $50 million debt facility. Get the Full Story Complete the form...

Global Payments
ThinkSmart Sells ClearPay Shares To Afterpay Touch; Sainsbury’s Tests Mobile Checkout
August 23, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes ThinkSmart Europe Limited‘s sale of ClearPay shares to Australia’s Afterpay Touch Group Limited. In addition, The Financial Conduct Authority (FCA) has given U.K.-based Wirex an eMoney license, and the Sainsbury’s supermarket...

Retail
Entertainment Destinations Could Save Traditional Malls
August 23, 2018

With brick-and-mortar retailers closing hundreds of stores, the future of the mall has looked bleak. But some say tales of its impending death have been exaggerated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Chipotle Unveils Food Accelerator Program
August 23, 2018

To help get back to its “food with integrity” roots, Chipotle Mexican Grill has unveiled an accelerator program. The effort, in conjunction with Uncharted and called the Chipotle Aluminaries Project, will work with up to eight ventures in areas such as agriculture technology and alternative...