News

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...

South East Asia
Grab Seeks To Create ‘Everyday Superapp’ For Southeast Asia
July 13, 2018

With its mission to create the first everyday super-app in Southeast Asia, Grab has rolled out a suite of application programming interfaces (APIs) for developers dubbed GrabPlatform. The idea is to help developers integrate their services within the company’s app and to leverage Grab’s user...

International
Trade War’s Ripple Effect Means Currency, Commerce, Payments Waves
July 13, 2018

Amid the swirl of headlines that focus on the back and forth between China and the United States, and the continuing escalation of tariffs, the ripple effects and casualties will be far-reaching. As with so much else in life, there will be winners and losers,...

Global Payments
SIX And Mastercard Equip Cashless Stadium, PT NFC Indonesia Launches IPO
July 13, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes SIX Payment Services’ and Mastercard’s rollout of cashless payments at a renovated stadium in Austria. In addition, the Monterrey Digital Hub in Mexico has opened, and PT NFC Indonesia has held an...

Mobile Payments
Can Mobile Payments Improve Healthcare Access in Africa?
July 13, 2018

The popularity of mobile commerce in Africa is a well-known — and ongoing — story. Now, global health experts are paying more attention to the prospect of using mobile payments, perhaps bundled with insurance services, to make it easier for people to get well. Get...

Retail
The Return Of The Celebrity-Backed Brand
July 13, 2018

Celebrity brand endorsement is nothing new. The first recorded case of it dates back to the 1760s when Josiah Wedgwood and Sons, producers of pottery and chinaware, marketed their wares with endorsements from Britain’s royal family, hoping to show off the company’s inherent value and...