News

eCommerce
Visa On eCommerce’s First Quarter Century — And Next Inflection Point
August 16, 2019

On August 11th, 1994, Philadelphia’s Phil Brandenburger purchased a Sting album (“Ten Summoner’s Tales,” to be specific) with a Visa card, and changed the world forever.  A big feat for such a small purchase, but on that day Brandenburger tapped VisaNet to do something unheard...

Mobile Applications
Can Banks Get On The Super App Train?
August 16, 2019

Here’s some bad but potentially motivating news about banks: So far, they are missing out on an emerging opportunity to get into the “super app” game, which is shaping up to be one of the biggest focuses of payments and retail innovation in the 2020s....

Wearables
Samsung, Apple Dominate $2B Wearables Market
August 15, 2019

New data revealed that the North American wearables market hit $2 billion in the second quarter of 2019, with a 38 percent increase year-over-year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Commerce Bank To Offer Corcentric’s AP Workflow Solution
August 15, 2019

Procurements and accounts payable solution provider Corcentric announced that it has entered a reseller agreement with Commerce Bank to allow its Cor360 solution to be used as a white-labeled platform to Commerce customers. Get the Full Story Complete the form to unlock this article and...

Digital Banking
Monzo Gets Into Lending
August 15, 2019

Monzo, an online bank out of London, has added loans to its menu of services, the Financial Times reported on Thursday (Aug. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Carvana Opens Car Vending Machine In LA, Marking 20th In US
August 15, 2019

Carvana, the eCommerce platform for buying and selling used cars, opened its latest Car Vending Machine in the Westminster area of Los Angeles, the company announced today (Aug. 15) in a press release.  Eight stories high, the vending machine holds 30 vehicles where customers can...

Security & Fraud
Hy-Vee Says Customer Credit Card Info Was Compromised
August 15, 2019

Des Moines, Iowa-based supermarket chain Hy-Vee said credit card information for an undisclosed number of customers were exposed in a data breach, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Instagram To Crack Down On Fake Story Watchers
August 15, 2019

There is a known issue on Instagram with strangers “watching” stories on the platform in an attempt to gain followers. Instagram said it is aware of the problem and will begin to crack down on offenders, according to a report. Get the Full Story Complete...

Security & Fraud
Hacker Prompts Shutdown Of ECB Website
August 15, 2019

A European Central Bank (ECB) website has been shut down after a malicious hacking attack infected the site. 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...