News

B2B Payments
Interpreting The Language Of The Supplier Invoice
August 08, 2018

In FinTech‘s never-ending path to combating friction, B2B solution providers often take one of two approaches: design a holistic solution that allows a company to entirely replace an entire function with a single, streamlined tool, or design a solution that zeroes in on one particular...

JPMorgan Eyes Financial Inclusion In India
August 08, 2018

JPMorgan is setting up a financial inclusion lab in India through a partnership with the Indian Institute of Management Ahmedabad’s (IIMA) Centre for Innovation, Incubation and Entrepreneurship (CIIE). According to FinTech Futures, the $9.5 million initiative will assist FinTech startups focused on helping lower and...

Investments
Ex-Uber, Otto Exec’s Autonomous Truck Startup Snags $40M
August 08, 2018

Kodiak Robotics, a self-driving vehicle startup, announced that it raised $40 million in Series A funding, led by global investment firm Battery Ventures. CRV, Lightspeed Venture Partners and Tusk Ventures participated in the funding round as well. Battery Ventures General Partner Itzik Parnafes will join...

Mobile Payments
Venmo Critics Cite Ongoing Privacy Concerns
August 08, 2018

As PayPal tries to turn Venmo into a mainstream payments app, there are concerns over consumer privacy. 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...

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 —...