News

Regulation
Facebook Vows To Revamp Privacy Approach
July 24, 2019

For Facebook, it’s a $5 billion fine and a “fundamental shift” in how the social media giant addresses privacy practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Chipotle’s Q2 Digital Sales Skyrocket; Rewards Members Exceed 5M
July 24, 2019

As digital sales continue to skyrocket and a new rewards program takes hold, Chipotle Mexican Grill beat analysts’ expectations for second-quarter earnings. The quick-service restaurant (QSR) chain reported revenues of $1.43 billion and earnings per share of $3.99 compared to estimates of $1.41 billion and...

Retail
Augmented Reality Gets Retail Boost From Snapchat And Google
July 24, 2019

The profile of augmented reality (AR) keeps rising in retail, and the latest evidence of the technology’s promise and popularity comes from Snapchat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Pizza Hut Pilots Pickup Cubbies
July 24, 2019

In a move that borrows from the world of eCommerce, Pizza Hut is turning to technology to help consumers pick up their pizzas: One of its California restaurants has begun to experiment with “cubbies” for carryout orders, Engadget reported. Get the Full Story Complete the...

Faster Payments
Lawmakers Want The Fed To Run US Faster Payments Rails
July 24, 2019

To reinforce the Federal Reserve’s authority to create a real-time payments system and mandate that the Fed brings about its own process, two U.S. representatives and two U.S. senators have introduced the Payment Modernization Act of 2019. The legislation was brought forward by Congresswoman Ayanna Pressley (D-MA),...

How Faster Pay Fuels the Trucking Industry
July 24, 2019

Truckers haul 71 percent of America’s freight tonnage, keeping retailers supplied and in business — but not without challenges. Slim margins, emergency needs and mounting daily expenses can halt day-to-day operations — and retail shipments — as truckers can wait more than a month for...

Alternative Finances
Bringing Debt Management Into The Digital Age 
July 24, 2019

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Faster Payments
Real-Time Payments Are Reaching A Tipping Point
July 24, 2019

While commercial real-time payments became available in the U.S. back in 2017, they haven’t yet hit ubiquity. By the end of 2018, the RTP network reached a little more than half of U.S. accounts. But this has been the domain of larger financial institutions, especially...

B2B Payments
EasyJet Links Businesses To Traxo T&E
July 24, 2019

EasyJet is connecting its corporate customers to travel and expense management solutions in a new collaboration with Traxo, the companies revealed in a press release Tuesday (July 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...