News

Artificial Intelligence
Samsung To Invest $22B In New Growth Areas Including AI
August 08, 2018

Samsung Group, the South Korean consumer electronics company, is gearing up to spend $22 billion on advanced technologies as it seeks new avenues of growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
WePay’s Aberman: It’s Time For POS Dinosaurs To Die Out
August 08, 2018

When it comes to the topic of future proofing, WePay Co-founder Rich Aberman told Karen Webster for this week’s edition of Unscripted Podcast, one should take all claims with an appropriate grain of salt. Depending on how long of a view one takes, the future...

Banking
Entersekt Finds Trust Can Help Banks Get Ahead In Mobile FinTech
August 08, 2018

As mobile commerce and apps become more sophisticated (cooler, perhaps), it can be easy to look down on the contribution of banks to this expanding digital ecosystem. Banks, after all, are virtually ancient, and represent something older than even the rotary phone. However, banks — as...

News
Five At Five: Even Financial Gets New Funding Round
August 07, 2018

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes Even Financial raising additional funding, Mattress Firm considering bankruptcy, the New York City Council planning to limit ridesharing licenses, Visa buying a stake in Israeli-startup...

Mobile Payments
Online Food Delivery Is Having A Bright Moment — But Clouds Are Gathering
August 07, 2018

It was once the (stereotypical) realm of ambitious teenagers and refuse-to-grow-up rockers and stoners who either needed extra bucks or found it too … uh … challenging to land better jobs. These days, however, food delivery means digital technology, entrepreneurship and global acquisition activity —...

Regulation
US Tech Companies Working With Regulators To Shape New Privacy Laws
August 07, 2018

U.S. technology companies, anticipating that they will face increased regulation in how they handle consumers’ data, are working with policymakers to potentially shape the new legislation that’s expected to come from the federal government. Get the Full Story Complete the form to unlock this article...

Regulation
Regulators Around The Globe To Collaborate To Encourage FinTechs
August 07, 2018

Regulators from the U.K., U.S. and Hong Kong announced on Tuesday (Aug. 7) a new alliance aimed at encouraging the growth of FinTechs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Even Financial Lands $18.8M In Venture Funding
August 07, 2018

Even Financial, a FinTech company focused on the consumer financial services ecosystem, announced on Tuesday (Aug. 7) that it raised $18.8 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Paytm Mall Launches Cash-Back Promotion In Online-Offline Sale
August 07, 2018

Paytm Mall, the eCommerce unit of India’s digital payments company Paytm, rolled out a new promotion dubbed the “Freedom Cashback Sale.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....