News

B2B Payments
Walmart India Enables Direct Payments On B2B eCommerce Site
August 17, 2018

Walmart’s B2B eCommerce operations in India have enhanced business-to-business payments functionality as the retailer activated unified payments interface (UPI) for its members. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Europe Grabs B2B Payments Fraud (Small And Large) Headlines
August 17, 2018

The land down under has seen some underhanded tactics when it comes to payments fraud. Beyond some cautionary tales tied to phishing, in Europe one finance platform was scammed of millions of euros.  

B2B Payments
Bots Enter The Uncharted Territory Of Accounting Compliance
August 17, 2018

Bots are marching steadily into the corporate accounting department as professionals feel more comfortable handing tasks to a machine. Since automation technologies have taken some of the burden of monotonous activities away from accountants, the profession has exchanged some of its anxiety about robots replacing...

Retail
Chinese Smart Speaker Shipments Reach 16.8M
August 17, 2018

Smart speaker sales continue to grow at a record pace, and new data shows that China is now the leader in that market, accounting for 52 percent of the total growth worldwide. Get the Full Story Complete the form to unlock this article and enjoy...

Fintech Investments
Monzo To Reach Unicorn Status With Fresh Round Of Funding
August 17, 2018

Monzo, the U.K. digital bank, is on track to become the next European FinTech startup to reach unicorn status. 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...

Investments
DoorDash Secures $250M In Growth Round
August 17, 2018

Food ordering and delivery company DoorDash announced that it has raised $250 million in a growth round co-led by Coatue Management and DST Global. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
letgo CEO: How AI Helps Reinvent The Secondhand Marketplace
August 17, 2018

It’s hard to give up that old wardrobe, teddy bear, bass guitar…you name it.  But make the decision and letgo helps people, well, let go.  CEO Alec Oxenford tells PYMNTS how AI – specifically auto recognition tech – helps match buyers and sellers, and gives...

Partnerships / Acquisitions
Ripple’s X-Border Payments Product Secures Three Partners
August 16, 2018

Ripple’s cross-border payments product xRapid brought on Bittrex to act as the preferred digital asset exchange for its transactions that move through U.S. dollars. In a press release, Ripple said that for xRapid to be successful, there needs to be a healthy ecosystem of digital asset exchange partners around...

Partnerships / Acquisitions
Credit Karma Buys Online Mortgage Company
August 16, 2018

Approved, the online mortgage platform company, announced Thursday (Aug. 16) in a blog post that it has been acquired Credit Karma. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...