News

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...

Banking
The Price Of Digital Progress? Discarding ‘Wet’ Signatures
August 16, 2018

These are not the best times for ink pens and crisp, elegant, handwritten signatures from corporate executives. As much of the payment and contractual paperwork that underlies the economy shifts from paper to digital (a slow but ongoing change), signatures are transforming, too. One of the...

International
Why Belgium Can Be A Good ‘Test Market’ For FinTech Firms
August 16, 2018

Belgium, which is home to many European Union (EU) institutions, is also a burgeoning FinTech hub. The country has the fifth-highest number of FinTech deals in Europe, according to an analysis from Belgium-based European FinTech platform B-Hive. Get the Full Story Complete the form to...

News
Five At Five: Amazon Might Buy Movie Theaters
August 16, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest business target of Amazon, along with news Uber’s narrowing losses. Google might do more with health, a major grocery chain gets into self-driving technology and...

Partnerships / Acquisitions
Uber, Zoho Expense Integrate For Biz Travelers
August 16, 2018

Zoho, the maker of an operating system for businesses, announced on Thursday (Aug. 16) that it will automatically import Uber for Business trip receipts into Zoho Expense, its expense reporting and tracking software. Get the Full Story Complete the form to unlock this article and...

Payment Methods
Zelle Eyeing Expansion Into Small Business Payments
August 16, 2018

Zelle, the digital payment app that enables consumers to send money to friends and family, is gearing up to expand its offering to enable customers to pay small businesses. Bloomberg, citing people familiar with the situation, reported Zelle is in the process of enhancing its risk...