News

Regulation
Amazon And Google Face New European Problems
September 20, 2018

European regulators this week continued to show their love, respect and admiration for U.S.-based tech and eCommerce firms, removing hurdles that might hamper their success on that continent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Danish Regulator Reopens Danske Bank Probe
September 20, 2018

The Danish Financial Supervisory Authority said Thursday (Sept. 20) that it has reopened an inquiry into the money laundering scandal at Danske Bank — the country’s biggest bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Ticketmaster Accused Of Secret Deals With Scalpers
September 20, 2018

Ticketmaster, the entertainment company, has reportedly been inking behind-the-scenes deals with scalpers at the same time that it publicly decries the practice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Partnerships / Acquisitions
PayPal And iZettle Close On Their Deal
September 20, 2018

PayPal, the digital payments company, announced on Thursday (Sept. 20) that it has completed its acquisition of iZettle. 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 to...

Retail
How Mobile Apps Are Tapping Into Gas Prices, Payments
September 20, 2018

Consumers use mobile apps throughout their drives – for directions, music or the latest traffic updates – but they can also be an opportunity for gas stations. Almost half – 43 percent of high-income millennials – said they would be more likely to visit a gas station...

Retail
Tesco Launches Jack’s Discount Grocery Concept
September 20, 2018

To take on discount grocers Lidl and ALDI, Tesco is rolling out a chain called Jack’s. The retailer intends to open 10 to 15 locations next year, Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Nike Sees Rise In Sold-Out Items Amid Colin Kaepernick Ad Campaign
September 20, 2018

After its controversial Colin Kaepernick ads appeared earlier in September, Nike has been on a sales tear. The retailer has been seen a rapid 61 percent rise in the number of sold out items following the release of the campaign, Reuters reported. Get the Full Story...

Retail
How Small Restaurants Are Doorstopping DoorDash
September 20, 2018

DoorDash has been a delivery service on the go, particularly throughout the summer and in the fall of 2018. Its war chest has recently swollen with a recent $250 million funding round co-led by Coatue Management and DST Global. That followed a $535 million round led by SoftBank, Sequoia...

B2B Payments
R3’s Marco Polo Releases First Product: Receivables Discounting
September 20, 2018

Marco Polo, the blockchain-powered trade finance platform developed by R3 and TradeIX, has launched its first product following the completion of bank partners’ proof of concept. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...