News

Security & Fraud
UniCredit Uncovers Data Leak Of 3M Italian Customer Records
October 28, 2019

UniCredit has revealed a data breach that leaked information belonging to three million customers from Italy, Reuters reported on Monday (Oct. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payments Innovation
Uber Money Wants To Be The Bank Account For Uber Drivers
October 28, 2019

During the Middle Ages, payday was a yearly event wherein the local landlords and their peasant workers settled up for the previous year’s work and drew up terms for the next year. As industrialization displaced feudalism, pay cycles evolved to monthly. The modern era ushered...

Retail
Is Connected Tech Making Store Shelving Too Smart?
October 28, 2019

In the annals of favored retail buzzwords over the last half-decade ago, “personalized” has risen to the top of the pack, usually paired with the other perennial favorite of the last few years: “experience.” The customer hasn’t just come to the store to buy something, the...

Retail
Sock Subscriptions To Simplify Office Outfit Coordination
October 28, 2019

When Southern Scholar Socks Founder Kevin Wohlman started working full-time after college, he noticed that almost everyone in the office had something in common. From interns to partners, everyone “seemed to be wearing some sort of patterned sock,” he told PYMNTS in an interview. But Wohlman had...

Retail
Connected Vehicles Steer Retail To New Innovations
October 28, 2019

As a new decade approaches, retail is driving hard toward its future thanks to connected vehicles. And big players in commerce and payments are racing for position. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
LVMH Makes $14.5B Takeover Offer For Tiffany & Co.
October 28, 2019

With jewelry as one of the fastest-growing businesses in the luxury sector, Tiffany & Co. has received an offer from LVMH Moët Hennessy Louis Vuitton. The French firm sent the company’s officials a letter that reportedly outlined an all-cash, $120-per-share takeover bid that would value the firm...

Retail
Spotify’s Premium Subscriber Base Reaches 113M
October 28, 2019

As Spotify Technology SA brought on more premium service subscribers than expected, the company came out ahead of Q3 revenue expectations and posted a surprise profit. It had reportedly “outstripped” Apple Music in the race to dominate music streaming around the world, with its number of premium...

Global Payments
Western Union Rolls Out Full API Access For International Payments
October 28, 2019

Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a press release on Monday (Oct. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
Flywire Offers Upgraded Cross-Border Payments For BoA Users
October 28, 2019

Payment solutions company Flywire is rolling out a simplified cross-border payments solution for Bank of America’s higher education and corporate clients, Flywire announced in a press release on Monday (Oct. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited...