News

B2B Payments
Global Payout Creates Blockchain Subsidiary For Supply Chains
December 22, 2017

Corporate payment firm Global Payout has announced plans to create a subsidiary focused on developing blockchain solutions for the supply chain finance and logistics software space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
FairFX Can Now Issue Mastercard Cards To SMBs
December 22, 2017

Challenger bank FairFX has secured a license to issue Mastercard-branded cards, according to a press release by the company this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Primechain Adds Another Blockchain X-Border Payments Tool To India
December 22, 2017

India’s Primechain Technologies is rolling out a international payments solution built using blockchain. 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 our daily newsletter, PYMNTS Today....

Investments
Long Island Iced Tea Becomes Long Island Blockchain; Stock Surges 300 Percent
December 22, 2017

Need more evidence that the cryptocurrency craze is taking a page from the dotcom boom of the early 1990’s? Check out Long Island Iced Tea Corp., which saw its stock surge Thursday (Dec. 21) after changing its name to Long Blockchain Corp. Get the Full...

Payment Methods
Number Of Remote Card Payments Rose 16.6 Percent Last Year
December 22, 2017

Credit card payments jumped sharply from 2015 to 2016, surpassing all other types of card payments, the Federal Reserve said in a new report on Thursday (Dec. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Santa To Bring Speakers, Not Wearables, This Christmas
December 22, 2017

Smart speakers from the likes of Amazon, Google and Microsoft are expected to beat out wearable devices this holiday shopping season as the digital device of choice — despite the debut of new smartwatches over the course of the year. Get the Full Story Complete...

South East Asia
Didi Chuxing Snaps Up $4 Billion To Expand Globally
December 21, 2017

China’s top ridesharing company, Didi Chuxing, has raised $4 billion in new capital as it aims to begin the next phase of its corporate life. This latest round adds to the $13 billion from investors, including Alibaba, Tencent and Apple, among others. The main focus of the...

Retail
Toys R Us Battles Bankruptcy With ‘Play Labs’
December 21, 2017

Struggling retailer Toys R Us tries to reset the toy-buying, brick-and-mortar consumer experience by making their physical stores more hands-on for their youngest patrons. To that end, they have opened up 42 “play labs” in stores nationwide. Get the Full Story Complete the form to unlock...

Retail
The Frightful Five: Echo And Alexa Are A Power Couple
December 21, 2017

Amazon’s Alexa just learned her 25,000th skill, and the Echo started a price war among voice-activated smart home speakers. How did Google respond (and how did Apple not)? On top of that, China doesn’t hate Facebook after all, Google is helping users travel smarter and Microsoft...