News

Partnerships / Acquisitions
Casper Edges Closer To IPO With $170M Funding Round
June 19, 2017

A short time ago, mattress maker Casper came very close to selling itself out to Target.  The deal did not go through — the two sides could not agree to terms. But clearly, as deal fizzles go, it was a friendly one — reports out today...

Retail
Report Shows Regional Shopping Malls Seeing Growth Since 2010
June 19, 2017

A new report has found that while many national retail chains are suffering, regional shopping malls have been on the upswing since 2010. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
Samsung Buys VR Startup VRB For $5.5 Million
June 19, 2017

Samsung Electronics has made more inroads into the virtual reality (VR) market by making an acquisition of VRB, a New York–based startup that develops VR content. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Airbnb Enhances KYC Thru Acquisition
June 19, 2017

Airbnb, the home sharing platform, is acquiring Trooly, a background check startup as it aims to prevent guests and hosts from running into bad situations when they use the service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Ridesharing
Ridesharing Co. Taxify Aiming To Take On Uber By Giving Drivers A Bigger Cut Of...
June 19, 2017

Taxify, the Estonia ridesharing startup, is aiming to take on Uber Technologies in the carsharing market by luring drivers with big profit-sharing incentives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Mobile Commerce
Monese Adds Direct Debit Capability To Its Mobile App
June 19, 2017

Monese, a fintech startup based in London that has a mobile banking app, added a new feature to its offering that is aimed on taking on traditional banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Klarna Snags A Full Banking License
June 19, 2017

Pushing toward its longtime goal of being the “Ryanair of the FinTech sector” Klarna has made a big advance with the announcement that it has been granted a full banking license by by Finansinspektionen, the Swedish Financial Supervisory Authority. Get the Full Story Complete the...

News
Universities Adding Blockchain To The Curriculum
June 19, 2017

Blockchain, the technology behind digital currencies like bitcoin, is growing in popularity — which means engineers in this area are hard to find, prompting universities to start offering courses in the nascent technology. Get the Full Story Complete the form to unlock this article and enjoy...

News
NetPlus And Winning The Battle Against Cash In The Developing World
June 19, 2017

While cash is not an unimportant part of life in developed countries, it certainly isn’t central. The vast majority of Americans, 80 percent, carry less than $50 on them at a time on average — and about half carry less than $20. Cash is still...