News

B2B Payments
Aitheon Pilots AI-Powered ‘Digibots’ To Automate Business Processes
May 24, 2018

Artificial intelligence (AI) robot technology firm Aitheon is introducing an array of so-called “digibots” developed to automate business processes using blockchain technology, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Barclays May Be Considering Standard Chartered Merger
May 24, 2018

U.K. banking giant Barclays is reportedly looking into the possibility of merging with Standard Chartered. 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,...

Partnerships / Acquisitions
Kroger Acquires Meal Kit Company Home Chef
May 24, 2018

The Kroger Co. has announced a merger with Home Chef, the country’s largest private meal kit company. 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...

Regulation
European Banks Want More Regulation Of Large Tech Companies
May 24, 2018

Some of the biggest banks in Europe are urging regulators to increase oversight of large technology companies that are moving into the financial services market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
Mitek Acquires AI Check Processor A2iA
May 24, 2018

Mitek Systems, Inc., a leader in digital identity verification solutions, announced that it has acquired A2iA, a leader in artificial intelligence (AI) and image analysis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payments Innovation
SWIFT gpi Accounts For 25 Percent Of SWIFT Cross-Border Payment Traffic
May 24, 2018

SWIFT announced Thursday (May 24) that 25 percent of all SWIFT cross-border payment traffic is being sent over the global payments innovation — or gpi — in the 15 months since the service was rolled out. Get the Full Story Complete the form to unlock this article and enjoy...

Ridesharing
Uber’s Q1 Profit Thanks To Sale Of Grab
May 24, 2018

Uber was able to turn a $2.5 billion profit during the first quarter of 2018, due to the company selling its Southeast Asian business to Grab and its Russian business to Yandex. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Barclays Mulls Bank Deals Including With Standard Chartered
May 24, 2018

Barclays is looking at inking a merger deal with an international bank or banks, with Standard Chartered among the potential targets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
PayPal’s Ready On iZettle Buy And Taking SMBs Multi-Channel
May 24, 2018

The omnicommerce headlines, PayPal COO Bill Ready noted in a recent conversation with Karen Webster, tend to be dominated by the big players and the technologies they are using to follow the consumer across the many channels they shop with those retailers. Get the Full Story Complete the form...