News

Ridesharing
Colombian Regulators Order Uber To Shut Down
January 12, 2020

Uber will cease operating in Colombia at the end of the month, the company said in a statement. 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...

B2B Payments
Senate Affirms Trump’s Jovita Carranza As SBA Chief
January 12, 2020

President Trump has tapped Jovita Carranza to lead the Small Business Administration (SBA), a move confirmed by the Senate in a bipartisan 88-5 vote, The Hill reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Security Group Warns Iranian Hackers Could Target US Electric Utilities
January 12, 2020

Iranian hacking groups are targeting U.S. electric systems, and intelligence officials worry that escalating tensions between the two countries could only make things worse in the future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Merchant Innovation
Convenience Stores Elevate Their Food And Bev Offerings
January 12, 2020

America’s eating habits are seeing a shift towards gas stations and convenience stores, as many peoples’ favorite eateries include chains like Wawa, Sheetz and Kwik Trip now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Standard Chartered Backs China’s Linklogis
January 12, 2020

British bank Standard Chartered is investing an undisclosed amount in China’s supply chain platform Linklogis, earning an equity stake, and further enhancing its ongoing partnership, Standard Chartered announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Travelex Checking Employees’ Computers For Signs Of Ransomware
January 11, 2020

Some employees of Travelex, a company that was recently hit with a ransomware attack, were forced to hand over their laptops to technicians to see if their machines were infected and whether they can be fixed, according to a report by the Financial Times. Get...

International
Giving Financial Independence The Royal Treatment
January 11, 2020

For Americans, who didn’t grow up with a constitutional monarchy in place, the various ins-and-outs of the British royal family are a fun, if occasionally confusing, spectacle to watch from a distance. They have great taste in hats and brooches, they play an astonishing amount...

Investments
Forty Percent Of US-Listed Companies Report Losses
January 10, 2020

The share of listed companies in the U.S. that are losing money is nearing 40 percent, which is the highest level since the 90s outside of a recession, according to a report by The Wall Street Journal. Get the Full Story Complete the form to...

Wearables
Regulators Investigate Fitness Bands Amid Patent Violation Claims
January 10, 2020

After allegations of patent infringement by Koninklijke Philips and its North American unit, regulators with the United States International Trade Commission (USITC) said they will look into wearable monitoring devices with the inclusion of those made by Garmin and Fitbit, Reuters reported. Get the Full...