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View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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Russian Banks Launch FinTech Lab Incubator
Russian Banks Launch FinTech Lab Incubator
May 30, 2017  |  International

Mastercard announced Monday (May 29) that Russian financial firms working within the collaborative FinTech acceleration program Fintech Lab has chosen 12 FinTech startups they plan to...

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Home Security Startup Deep Sentinel Sees $7.4M Series A
Home Security Startup Deep Sentinel Sees $7.4M Series A
May 30, 2017  |  Startups

Home security technology startup Deep Sentinel recently announced the close of a $7.4 million Series A venture funding round led by Shasta Ventures, with participation...

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Consumer Credit Scores Hit Record High
Consumer Credit Scores Hit Record High
May 30, 2017  |  Consumer Finance

Consumers in the U.S. have seen their credit scores reach record highs in the spring at the same time that the number of Americans who...

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Google Launches AI Fund
Google Launches AI Fund
May 30, 2017  |  Google

Google has reportedly rolled out a new venture capital fund focused on artificial intelligence. According to a report in Axios, citing multiple unnamed sources, this is the...

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Bitcoin Payment Makes Way To Japanese Retailers
Bitcoin Payment Makes Way To Japanese Retailers
May 30, 2017  |  Bitcoin

BITPoint Japan Co. is reportedly gearing up to enable hundreds of thousands of Japanese retail outlets to accept the digital currency bitcoin, reported Bloomberg News. In...

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China Closing US AI Gap
China Closing US AI Gap
May 30, 2017  |  Artificial Intelligence

The western world may have lead the way in computer software and semiconductors, but when it comes to artificial intelligence, China is shining. That’s according...

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Big Banks Back Away From Auto Loans
Big Banks Back Away From Auto Loans
May 30, 2017  |  Loans

Big banks are pulling back from the $1.2 trillion U.S. car loan market due to fears that consumers have taken on more debt than they...

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Tencent Courts Luxury Brands Via WeChat
Tencent Courts Luxury Brands Via WeChat
May 30, 2017  |  Mobile Applications

China’s Tencent is using WeChat, its social media network, to lure high end fashion brands, which could be a new effort in the world of...

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iPhone Market Shares Fall
iPhone Market Shares Fall
May 30, 2017  |  Apple

As the company works to reach a $1 trillion valuation, Apple saw its worldwide smartphone market share dip in the first quarter due to increasing competition...

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