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UBS Leads New Blockchain Settlement Group

PYMNTS

Credit Suisse Group AG, Bank of New York Mellon Corp., Banco Santander SA, Commerzbank AG, ING Groep NV, KBC Group NV, Lloyds Banking Group PLC, Mitsubishi UFG Financial Group Inc. Among the big banks included in the gang of 14 are, apart from UBS, Barclays PLC, Nasdaq Inc., and Sumitomo Mitsui Banking Corp.

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Five At Five: Even Financial Gets New Funding Round

PYMNTS

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes Even Financial raising additional funding , Mattress Firm considering bankruptcy , the New York City Council planning to limit ridesharing licenses, Visa buying a stake in Israeli-startup Behalf and Microsoft Pay supporting MasterPass.

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Wall Street Investors Place Their Bets On Millennials

PYMNTS

According to Reuters , hedge fund managers at the 2018 Sohn Investment Conference in New York offered stock ideas that would benefit from the steadily growing influence of millennials, who are expected to become the largest generation in the United States in 2019. With that in mind, John Khoury, founder and managing partner of the $2.7

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New Big Tech Attacks, Uber Subscriptions Dominate Week’s News

PYMNTS

No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging customers’ credit cards. The online retailer launched its 13th store in New York City last month and features the ability to use cash , answering a complaint that has been lodged at unattended retail generally.

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Retail Pulse: Mattress Firm Mulls Bankruptcy; Walmart Plans Robotic Grocery Pickup

PYMNTS

Steinhoff International Holdings NV, which acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt. According to The New York Times , the deal had lost the support of Rite Aid shareholders.

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Where are they now? A look at FinovateSpring 2015 Best of Show Winner Successes

Fintech Labs Insights

What they’ve been up to: March 2016: Presented at FinDEVr New York. September 2015: Demoed at FinovateFall in New York. HQ: Las Vegas, NV. HQ: New York, NY. March 2016: Partnered with eSignLive to Deliver Digital Customer Acquisition in Regulated Industries. MoneyAmigo. MoneyAmigo.