News

Banking
Stash Raises $37.5M To Launch New Banking Service
February 13, 2018

Micro-investing app Stash announced it has raised an additional $37.5 million in Series D funding to help it achieve its goal of launching a new banking service in 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
Aussie’s New Payments Platform (Called New Payments Platform) Goes Live   
February 13, 2018

The Reserve Bank of Australia and its Payments System Board announced on Tuesday (Feb. 13) the launch of a new payments infrastructure – called the New Payments Platform (NPP) – that lets customers with accounts at different banks make real-time payments to each other. Get the...

Ridesharing
Uber Tests Low-Cost Rides In Nairobi
February 13, 2018

Startup firm Uber is testing a new service in Nairobi, Kenya, that will charge a cheap rate for ridesharing customers who want to use its service for quick errands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
YapStone Raises $71M To Fund Expansion, M&A
February 13, 2018

YapStone, the online and mobile payment company, has raised $71 million in venture capital funding. 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,...

Retail
Walgreens Moves To Take Over AmerisourceBergen
February 13, 2018

Walgreens Boots Alliance Inc. is making a move on drug distributor AmerisourceBergen Corp.  The move is undertaken as the U.S. drugstore landscape is becoming an increasingly fraught battleground. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

CFPB
The New CFPB: A Kinder, Gentler Watchdog
February 13, 2018

The Consumer Financial Protection Bureau (CFPB), under the charge of acting director Mick Mulvaney, will rein in its activities and aim to promote what it is calling a “free market” for financial services, according to Reuters reports. Get the Full Story Complete the form to...

Partnerships / Acquisitions
MoviePass Juices User Growth With Fandor Partnership
February 13, 2018

MoviePass is partnering with streaming service Fandor to offer customers a discounted subscription option. 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...

Artificial Intelligence
Samsung’s AI Visionary Jumps To Google
February 13, 2018

The former CTO of Samsung mobile, Injong Rhee, will be joining up with team Google as an entrepreneur-in-residence, according to ZDnet reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Investors Caught In Two Crypto ‘Exit Scams’
February 12, 2018

Following an announcement from an Italian cryptocurrency exchange that $200 million worth of virtual currency was stolen from its servers, investors and developers are taking in the news with skepticism, RT stated. Get the Full Story Complete the form to unlock this article and enjoy unlimited...