February 24, 2019
NY Governor Calls For Inquiry Into Facebook’s Data Practices
New York Governor Andrew Cuomo called on the New York’s Department of State and Department of Financial Services to investigate Facebook after The Wall Street Journal reported late last week...
February 23, 2019
Venmo, Girl Scouts And Bitcoin: The Week In Unexpected Upsides
Usually when we talk about unintended consequences here at PYMNTS, we are talking about something that has gone terribly wrong, or at least failed to perform as well as desired...
February 22, 2019
Is Amazon Planning A ‘Megafleet’ For Electric Delivery?
Pretty much anything Amazon does impacts so much else — and that truth, one of the longest-standing in the world of commerce and payments, seems ready to play out when...
February 22, 2019
Amazon China May Be Eyeing NetEase Merger
Amazon could be looking into merging its China unit with eCommerce platform Kaola, which is owned by NetEase, according to a report by CNBC. Amazon does not have a significant...
February 22, 2019
Betting On Amazon, Stamps.com Ends USPS Partnership, Shares Plunge
Stamps.com announced that it was ending an exclusive partnership with the United States Postal Service, according to reports. The company’s shares fell 56 percent — more than $110 to about...
February 22, 2019
Alias Creators On Security, GDPR And Data As The New...
“Alexa, how secure is my data?” Smart speakers and other IoT devices are growing in popularity and affordability for consumers, many of whom are now weighing their convenience and novelty...
February 22, 2019
Logistics, Alt Lending Lead B2B Startup Funding
The more than $1.593 billion raised by B2B startups this week showcases investors’ interest in business finance and payments. FinTechs that landed new funding include a firm targeting friction in...
February 22, 2019
How Restaurants Can One-Up The Aggregators
It was easy for restaurants to get lured into a false sense of security as they watched during the early days of the great digital shift in retail. “Restaurants aren’t...
February 21, 2019
Logistics Startup Flexport Lands $1B Investment Led By SoftBank
Global investment firm SoftBank’s Vision Fund led a $1 billion funding round for Flexport, a logistics and freight startup, according to reports. Flexport said it expects that the deal will...