News

Payments Innovation
Embedded Payments: Going Beyond The Buzzword
October 15, 2019

Embedded payments can give control and options to merchants and improve the customer experience. Daniela Mielke, CEO of RS2 Software, tells Karen Webster that embedding payments in a transaction’s value proposition is easier said than done, but that third-party providers can provide better tools and insights...

Consumer Authentication
Can ‘21’ Keep The Vaping Industry From Running Afoul Of The Regulators?
October 15, 2019

May you live in interesting times. 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 our daily newsletter, PYMNTS Today. By completing this form, you agree to...

Faster Payments
For Merchants, Why Real-Time Payments Are Not Ready For Prime Time
October 15, 2019

The year 2020 is nearly upon us. The shift to real-time payments has yet to keep up with the anticipation — with a notable lack of traction among merchants. Sarah Adams, vice president of global product at First American Payment Systems, tells PYMNTS that new technologies,...

Ridesharing
Uber Testing Boat Service In Nigeria’s Capital
October 15, 2019

Uber has launched a two-week boat service pilot in the Nigerian capital of Lagos. The city is already well-known for its highly congested roads, and the United Nations (UN) has predicted that the country’s population will more than double to 400 million by 2050, making...

eCommerce
Walmart Subsidizes Vendor Price Cuts To Gain Edge Over Amazon
October 14, 2019

Price wars usually only have one winner: Consumers. 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 our daily newsletter, PYMNTS Today. By completing this form, you...

Ridesharing
Congress Calls Uber And Lyft To Ride-Hailing Hearing
October 14, 2019

The head of the U.S. House of Representatives Transportation and Infrastructure Committee wrote letters to the CEO’s of both Lyft and Uber asking them to participate in a hearing about issues facing the ridesharing industry. Get the Full Story Complete the form to unlock this...

Ridesharing
Uber Faces Third Wave Of Layoffs Since August
October 14, 2019

Marking the third round of layoffs since August, Uber has laid off approximately 350 employees across multiple teams in the company with the inclusion of Uber Eats. Shares in the ride-hailing company increased 3.2 percent after the news, CNBC reported. Get the Full Story Complete...

Ridesharing
Renault Pilots Self-Driving Ride-Hailing Service
October 14, 2019

Renault has started a public trial of its on-demand car service on the Paris-Saclay urban campus, according to a press release on Monday (Oct. 14). A panel of around 100 people will use the service — provided by two electric, autonomous and shared Renault Zoe...

International
Italy Sidesteps Sales Tax Hike With Levy On Digital Transactions
October 14, 2019

Italy is preparing to tax digital companies to help fund its 2020 budget as it seeks different revenue streams to avoid a scheduled sales tax hike, sources told Reuters on Monday (Oct. 14). Get the Full Story Complete the form to unlock this article and...