News

Investments
Daimler Takes Stake In Ride-Hailing Startup Taxify
May 30, 2018

Daimler, the German carmaker that owns Mercedes-Benz, has acquired a stake in Taxify, the ride-booking startup, in a round of fundraising that gives Taxify a valuation of greater than $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Mobile Payments
Crypto Company TransCrypt Unveils Payments App
May 30, 2018

Cryptocurrency company TransCrypt has launched its beta payments platform to the public. 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. By...

International
Ex-Exec Of Mexican Bank Pleads Guilty To Wire Fraud
May 30, 2018

A former partner and part-owner of Mexico’s InvestaBank SA has pleaded guilty to a U.S. charge that he fraudulently obtained $21 million in tax refunds from the Mexican government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Meta Financial, Crestmark Bancorp Announce Merger
May 30, 2018

Following special meetings on May 29, shareholders of Meta Financial Group, Inc. and Crestmark Bancorp, Inc. approved a plan of merger between the two companies. The companies had previously entered into an Agreement and Plan of Merger as of January 9 to approve the merger and...

POS Innovation
GEOBRIDGE: Better Key Management Through Technology
May 30, 2018

Millions of terminals, hundreds of millions of cryptographic keys — and someone has to keep track of it all. Executives from GEOBRIDGE and POS Portal spoke to PYMNTS about the ways key management works across far-flung distances, with urgent deadlines, to make sure all goes...

Omnicommerce
NARS Cosmetics Puts Its Best Face Forward With AI, Data
May 30, 2018

When it comes to standing out in the $445 billion beauty industry, it all comes down to personalization, says Benjamin Lord, executive director of global eCommerce and omnichannel sales at NARS Cosmetics. In the latest Omni Developer Report, Lord gives PYMNTS an inside look at...

Digital Banking
Citigroup To Market Digital Bank To Credit Card Customers
May 29, 2018

Citigroup said on Tuesday (May 29) that it won’t use high deposit rates to lure new customers to its digital bank – instead, it will go after its credit card customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

News
Five at Five: A New AI and FinTech Investment Push
May 29, 2018

Rocket Internet Eyes AI, FinTech Investments 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. By completing this form, you agree to...

Investments
Acorns Has More Than 3.5M Customers, 100,000 For Retirement
May 29, 2018

Acorns, the mobile investing platform that takes spare change and invests it on behalf of its customers, has reached more than 3.5 million customers, with most investing around $50 or $60 per month. Get the Full Story Complete the form to unlock this article and...