News

Regulation
Swiss Regs Say JPMC Breached AML Rules
November 20, 2017

JPMorgan Chase’s Swiss subsidiary broke anti-money laundering rules in that country, according to FINMA, the Swiss financial markets authority. 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...

Delivery
Walmart Taps Deliv For Same-Day Grocery Delivery
November 20, 2017

Continuing its partnership with last-mile delivery provider Deliv, a Menlo Park-based startup, Walmart is expanding its same-day grocery delivery services in the San Jose, California area, according to a news report from TechCrunch. Get the Full Story Complete the form to unlock this article and...

Retail
Startup STATE Optical Competes With Warby Parker
November 20, 2017

STATE Optical, a Chicago eyewear startup, is going after the market by hawking high-end glasses that are designed and made in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Deliveroo Raises $98M For Global Expansion
November 20, 2017

Deliveroo, the U.K. food delivery startup, has landed $98 million in fresh venture funding led by T. Rowe Price Associates and Fidelity Management & Research Company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
EU Watchdog Regulates Use Of Foreign Credit Ratings
November 20, 2017

In the European Union, use of credit ratings that have their genesis outside the EU is about to get a little more stringent. Reuters reported that rating agencies operating “outside the bloc” must be “endorsed” by a credit rating agency that is in turn authorized...

B2B Payments
BigCommerce Links Financing Via PayPal
November 20, 2017

Online commerce platform BigCommerce is now linking its sellers to financing via PayPal. 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....

South East Asia
Alibaba Makes A Move On Offline Grocery With A $2.87B Investment
November 20, 2017

Alibaba is making a big offline commerce play with the announcement that it will invest HK$22.4 billion (USD$2.87 billion) for a major stake in China’s top supermarket operator, Sun Art Retail Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
Deutsche Bank Learns To Compete Beyond Banks
November 20, 2017

Deutsche Bank’s chief executive is concerned about more than competing with other banks. In fact, he revealed that the company spends most of its time thinking about how to be competitive with non-financial companies and other sectors, like technology. Get the Full Story Complete the...

Retail
Investors Short Big Retail
November 20, 2017

Among the many headwinds U.S. department stores are facing that make the possibility of a Merry Christmas seem unlikely, a new one has started blowing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...