News

Investments
Fidelity Aims To Be Leader In AI, Blockchain, Machine Learning
September 30, 2018

Fidelity Investments, the Boston-based fund company, is becoming a leader in blockchain technology, investing billions of dollars on that and other cutting-edge technologies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Amazon Gets Into The Branded-Mattress Business
September 30, 2018

Amazon is reportedly getting into the online mattress business, entering a market in which a handful of startups are trying to dominate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
IdentityMind Integrates With CipherTrace
September 30, 2018

IdentityMind Global announced Monday (Oct. 1) that IdentityMind’s pioneering compliance, risk management and fraud prevention platform has integrated CipherTrace’s digital currency risk assessment technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
WhatsApp Message Leads To Stock Drop In India
September 28, 2018

Bad news and rumors seem to travel more quickly than good news, and that’s certainly true in the digital age. The latest example? A WhatsApp message that caused a significant stock price drop in India for an eCommerce firm. Get the Full Story Complete the...

Europe
Citizens Advice Files Complaint With British Regulator
September 28, 2018

Following a complaint from Citizens Advice, Britain’s competition regulator might investigate financial service and telecom companies. The group had contended that consumers were being “ripped off” if they didn’t switch providers, Reuters reported. Get the Full Story Complete the form to unlock this article and...

Retail
Baby Balmain And The Rise Of Couture For Kids
September 28, 2018

When most parents think about their children’s fashion choices, it is in the context of trying to convince them they cannot wear their Halloween costume to Thanksgiving dinner with their grandparents. They aren’t usually wondering which of this year’s Gucci, Prada and Balmain runway items is...

IPO
Funding Circle Brings In £300M Through IPO
September 28, 2018

In its debut as a publicly traded company, peer-to-peer lending platform Funding Circle opened slightly above its initial offer price of 440 pence at 460 pence a share on Friday (Sept. 28). The original range set by the company for the stock was between 420 and 530...

Ridesharing
Uber Works On Creating Bikes And Scooters
September 28, 2018

Following its acquisition of JUMP Bikes, Uber is looking to create its own versions of scooter and bikes. The company is bringing recruiting, supply chain and other staff to southern China to work with scooter and bike manufacturers, Bloomberg reported. Get the Full Story Complete...

Retail
Fitness-As-A-Service For Business Travelers, Subscription Style
September 28, 2018

Gyms traditionally work on the membership model, requiring monthly or annual commitments from people who work or live near their facilities. But subscription services are taking a different approach to the space, expanding the reach of gyms beyond just locals. Business travelers, for instance, might...