News

B2B Payments
WeDoctor Forms Medical Supply Chain Firm In China
July 16, 2018

China-based WeDoctor is forming a new company to launch a supply chain and procurement solution for the nation’s medical industry, Global Banking and Finance reported Friday (July 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payments Innovation
How Uncertainty Kills Commerce
July 16, 2018

Scientists say that humans have a lot in common with mice. 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. By completing...

Ridesharing
Gett Considers Exiting US Ride-Hailing Market
July 16, 2018

Ride-hailing app Gett is considering a sale of Juno, the New York-based startup it bought last year for $200 million. According to Bloomberg, Juno represents the majority of the Israeli tech company’s U.S. operations. Sources say there is no guarantee Gett will sell Juno, and...

CFPB
The CFPB Settles With National Credit Adjusters
July 16, 2018

The Bureau of Consumer Financial Protection announced late last week it settled with the National Credit Adjusters, a private company, as well as its chief executive and part owner Bradley Hochstein. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
New Payments Rule Could Cost Alipay, Tencent More Than $1B
July 16, 2018

Alipay and Tencent, operators of the two leading digital payment services in China, could lose as much as $1 billion combined in annual revenue thanks to a new rule about handling customers funds. Get the Full Story Complete the form to unlock this article and...

Fintech Investments
Klarna Eyes Expansion, Banking Products As Next Areas Of Growth
July 16, 2018

Klarna — the Swedish FinTech that gives consumers 30 days to pay for their purchases, letting them return them before actually shelling out the money — is in expansion mode and is gearing up to launch its first banking product. Get the Full Story Complete the...

Ridesharing
Chinese Auto Firms Launch Ridesharing Service
July 16, 2018

Three Chinese firms announced they have teamed up to launch a ridesharing platform. 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....

B2B Payments
How To Join The Payables To Payment Revolution
July 16, 2018

Accounts payable (AP) automation offers lofty promises to the enterprise: nix paper, save money, cut out inefficiencies and provide more time for executives to focus on strategic tasks. And yet, many corporates still struggle to take even the beginning steps of automation. Dan Andrew, senior...

Retail
Putting A Price On Puppy Love
July 14, 2018

Here at PYMNTS, we see it all, often in the form of press releases – most of which claim to be the next big thing in retail, commerce and financial services. These days, those ideas are often associated with crypto. Get the Full Story Complete the form to...