News

Banking
Goldman CEO Says Marcus Gets ‘No Credit’
June 06, 2019

Goldman Sachs CEO David Solomon said the firm’s digital Marcus business “getting absolutely no credit from anybody else in the investing community,” according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Mobile Payments
Square Integrates Food Delivery Services Into POS
June 06, 2019

Square is releasing new order management integrations for Square for Restaurants, which will allow orders from DoorDash, Postmates and management platform Chowly to join existing provider Caviar in flowing directly into a restaurant’s point of sale (POS), according to a release by the company. Get...

eCommerce
Retail Waste Backlash Provides eCommerce Opportunity
June 06, 2019

Waste is becoming ever more of a vice, especially among younger consumers, and now regulators. And that seems likely to create new opportunities for certain types of online merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Biometrics
Microsoft Removes Facial Recognition Database From Internet
June 06, 2019

Microsoft has reportedly removed from the internet a database of 10 million faces which it had been using to train facial recognition systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
Google Pays $2.6B For Data Analytics Software Company
June 06, 2019

Google’s parent company Alphabet announced on Thursday (June 6) that it is buying data analytics company Looker for $2.6 billion, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Ridesharing
Uber To Offer Helicopter Rides On Demand In NYC
June 06, 2019

Uber is expanding its transportation services, launching helicopter rides in New York City starting in July. 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 our daily...

Partnerships / Acquisitions
Apple Explores Drive.ai Buy In Autonomous Vehicle Push
June 06, 2019

Apple, the Cupertino, California technology giant, is reportedly interested in acquiring Drive.ai, which was launched to develop self-driving taxis, in an effort to push further into the self-driving vehicle market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Luxury Retailers Find Growing Opportunities In China
June 06, 2019

Look to China, and look some more — that’s one of the main messages in mid-2019 for luxury retailers, at least for ones not based in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Walmart CEO Pushes To Raise Minimum Wage
June 06, 2019

In a somewhat surprising turn of events at Walmart’s annual investor meeting, CEO Doug McMillon voiced his opinion that the time has come for Congress to raise the minimum wage beyond $7.25 an hour. Get the Full Story Complete the form to unlock this article...