News

News
Five At Five: A New Payment Model For Addiction
September 10, 2018

Welcome to Five at Five, your late look at some of the day’s biggest payments and commerce news. Today’s coverage includes news about healthcare payments and a large money laundering probe. U.S. state regulators eye tech regulation, Alibaba readies for a leadership change and convenience...

Investments
Machine Learning Startup Streamlines Legal Work With $65M In Funding
September 10, 2018

Atrium, the startup that digitizes legal documents, announced on Monday (Sept. 10) that it has raised $65 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

IPO
Mid-Point Of Eventbrite IPO Could Give It Market Cap Of $1.55B
September 10, 2018

Eventbrite, the company that operates a platform to create, manage and sell tickets to events, filed an amended registration statement with the Securities and Exchange Commission (SEC) in which it said it is aiming to raise a $200 million initial public offering (IPO). Get the...

Regulation
FanDuel, DraftKings Launch Online Gambling Products
September 10, 2018

Bet on it: More gambling is coming to consumers’ mobile devices, including via companies that provide fantasy sports betting, thanks to a U.S. Supreme Court decision from earlier this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Partnerships / Acquisitions
Chain Acquired By Lightyear; New Company To Be Called Interstellar
September 10, 2018

Chain Inc., the San Francisco blockchain startup, has been bought by Lightyear Corp., a company that is developing on the Stellar blockchain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Ridesharing
Uber Ecosystem Expands Into Uber Cash
September 10, 2018

Mention innovation and disruption and thoughts will often turn to Uber. The story of the ridesharing company’s massive disruption of the century-old regulated taxi industry is well-documented. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Why Walmart’s eCommerce Expansion Is Facing Resistance From Premium Brands
September 10, 2018

To bring higher-end products to its website, Walmart had courted brands like water-filtration company Katadyn for months. As part of its efforts, the retailer gave some brands the opportunity to determine how outside sellers on the its website price and display their products. But Walmart’s...

Retail
How Adventure Commerce Is Finding New Adrenaline Through Social
September 10, 2018

Tour operators who offer a wildlife adventure or a skydiving experience may face a common challenge: How can they market their activities to the right travelers? To reach those customers, some businesses are turning to social media networks designed around travel offer deals and reservations....

Retail
Why Thorntons Is Investing In The Loyal C-Store Customer
September 10, 2018

Traditional convenience store customers aren’t known for, or pursued for, their loyalty. Convenience store buys have historically been viewed as impulsive by nature – the quick candy bar, lotto ticket or pack of smokes (those less of that in the era of anti-tobacco legislation). No...