News

Partnerships / Acquisitions
Digital Asset Lands $40M For Blockchain Platform
October 17, 2017

Blockchain startup Digital Asset has brought in another $40 million in funding, bringing its total amount raised to $100 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Ridesharing
UberEats Projects $3B In Revenue Through 2017
October 17, 2017

UberEATS, the food delivery branch of the ridesharing company lately embroiled in a series of scandals culminating in the ouster of its CEO, is on track to post more than $3 billion in gross sales by the year’s end, The Financial Times reports. Get the Full...

Payment Methods
U.S. Credit Card Delinquency Rates Inch Higher
October 17, 2017

Credit card delinquencies increased for three consecutive months, adding to signs that consumers in the U.S. are having a tough time paying their debt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payment Methods
Pay With Venmo Launches At 2M Merchants
October 17, 2017

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 receive marketing communications from PYMNTS and...

Regulation
The Supreme Court Will Decide American Express’ Antitrust Case
October 17, 2017

The American Express antitrust case is back — and is now going to the court of last resort. 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...

Investments
Are ‘Unicorns’ Much Less Valuable Than We Think?
October 17, 2017

The valuations that have come out of Silicon Valley in the last few decades have been nothing if not eye-catching: $62.5 billion for Uber, $31 billion for Airbnb, Pinterest at $12.3 billion — you get the idea. And while those are the biggest unicorns —...

Payment Methods
How Payments, In Context, Become Events
October 17, 2017

Each event in life is made up of smaller decisions and actions, all combined in moving parts to make a cohesive whole. Why should payments be any different? Modo is emerging from a self-imposed dark period with the goal of changing the way we talk...

B2B Payments
What’s Fueling Innovators’ Global B2B Payments Focus
October 17, 2017

The cross-border payments space presents a whole host of challenges for FinTech innovators to try to solve, with new solutions targeting everything from global eCommerce to international tuition payments. The October 2017 X-Border Receivables Report, released last week, outlines just how vast the cross-border payments...

Alternative Finances
Why The ICBA Doesn’t Want Square To Be A Bank
October 17, 2017

Despite the fact that they are currently being hotly pursued by technologists, the Industrial Loan Charter (ILC) is not exactly a new idea. The concept – originally called a Morris loan – first appeared on the American financial services landscape in 1910, and has occupied a fairly small corner...