News

Ridesharing
Didi Plans Safer Version Of Carpooling Service Hitch
July 18, 2019

Chinese ride-hailing giant Didi Chuxing has announced it has plans to relaunch its Hitch carpooling service with added safety features. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Partnerships / Acquisitions
T-Mobile, Sprint Merger Could Be At Risk If DOJ Sues
July 18, 2019

The Department of Justice (DOJ) may file a lawsuit to block the merger of telecom giants Sprint and T-Mobile if the two parties can’t reach a settlement by next week, according to reports. Get the Full Story Complete the form to unlock this article and...

Retail
Toys R Us Is Back With Experiential Retail
July 18, 2019

Tru Kids, the parent company of Toys R Us, is partnering with retail-as-a-service startup b8ta to launch a new curated store experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Alternative Finances
Plaid Rolls Out Liabilities Tool To Track Student Loan Debt
July 18, 2019

Plaid’s core business is centered on helping make it easy for developers get up and running with financial apps. That mostly until this point has been focused on areas like basic accounts (savings and checking) and, more recently, investments. But, as the U.S. faces $1.6...

Security & Fraud
Treasury Secretary: US Will Police Cryptocurrencies
July 18, 2019

US Treasury Secretary Steven Mnuchin said his department will use “very, very strong” regulations to ensure that bitcoin and other cryptocurrencies don’t become “the equivalent of Swiss-numbered bank accounts.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Netflix Q2 Earnings: More Than 100K US Subscribers Lost
July 18, 2019

With an unusual loss in U.S. subscribers, Netflix posted slightly less-than-expected top-line results, but came out ahead of Wall Street’s estimates for earnings. The online entertainment streaming company reported revenues of $4.92 billion and earnings per share of 60 cents compared to expectations of $4.93...

Creating The Open Table Of Childcare Apps
July 18, 2019

Finding good, qualified and reasonably priced daycare in the U.S. is a challenge — particularly in expensive urban areas and remote rural areas. In 31 states and the District of Columbia the average cost of childcare for a year outstrips the cost of tuition at...

Retail
Platforms That Give Travelers’ Luggage Local Sanctuary
July 18, 2019

To help travelers and locals navigate cities without needing to lug around their bags, digital platforms are connecting consumers with businesses for luggage and bag storage. One example is Bounce, which offers luggage storage in local hotels and shops. CEO Cody Candee started the company...

Retail
Restaurant And Delivery Provider Partnerships Prove Fickle
July 18, 2019

The competition among mobile ordering apps for share of stomach is fierce and shows no signs of letting up. According to the latest Mobile Order-Ahead Tracker, the volume of orders placed via mobile apps increased 130 percent between 2016 and 2018, and mobile orders now...