Google’s parent company Alphabet has made an offer to purchase the popular fitness wearables company Fitbit, Reuters is reporting. The company may be eyeing a move into the wearables division, a space that is stacked with competition from companies like Apple and Samsung. Get the Full...
Citi has announced that it’s entering into partnerships with Global Payments and PPRO to help with its Spring by Citi payment offering, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
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...
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...
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...
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...
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...
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...
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...
