News

IPO
Blockchain Co R3 Eyes IPO
July 13, 2018

Sources are reporting that R3 — a blockchain-software company that works with big companies such as Intel, Microsoft, U.S. Bank and Wells Fargo — is considering going public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Users Of Digital Payment Services Have Difficulty Recovering Mistakes
July 13, 2018

Digital peer-to-peer payment services like Venmo are growing in popularity, but according to a report in The Wall Street Journal, consumers who make faulty payments are having a tough time getting reimbursed. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Walmart May Be Looking To Sell Off Its Japanese Business
July 12, 2018

As Walmart is refocusing its efforts in the U.S. and around the world, it seems the Japanese market is dropping from a place of prominence. Walmart has been operating in Japan for the last 16 years — a time described as “tumultuous” by the Financial...

News
Five At Five: Amazon’s New Healthcare Project
July 12, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Coverage includes the latest about Amazon’s healthcare plans and Walmart’s credit card strategy. A new payment offering targets ridesharing, a controversial analytics firm is being reborn and more naps are...

Partnerships / Acquisitions
Walmart Mulling Capital One For Its Credit Card Partnership
July 12, 2018

Walmart is mulling shifting its branded credit card business to Capital One Financial from Synchrony Financial as it aims to expand the company’s mobile payments offering. Bloomberg, citing people familiar with the matter, reported that Walmart has narrowed the list of credit card partnership bidders...

Global Payments
Glint Plans Expansion To US, Tata Capital Launches Working Capital Platform
July 12, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes U.K.-based Callcredit’s upcoming name change to TransUnion. In addition, Glint is planning an expansion to the U.S. and Tata Capital has rolled out a new lending platform in India. Get the...

Investments
Paidy Raises $55M In Round Of Funding
July 12, 2018

Paidy, the company that instantly issues post-pay credit accounts linked to mobile phone numbers, announced on Thursday (July 12) that it raised $55 million in a round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
Uber And Venmo Ink Payment Partnership
July 12, 2018

Uber and Venmo, the payment app owned by PayPal, announced on Thursday (July 12) that they’re partnering to deliver a new payment experience available with Uber and Uber Eats. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
Broadcom Isn’t Selling Its CA Acquisition Too Well
July 12, 2018

It’s one thing to make a decision. It’s quite another to make other people — especially those with significant control over money — understand it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...