News

Retail
Shake Shack Shares Soar On The Wings Of Mobile
May 03, 2019

Shake Shack shares rose as much as 9.7 percent in late trading after the burger chain reported sales that beat estimates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
CannTrust Pot Stock Slides For Sixth Straight Day
May 03, 2019

The first-ever U.S. bank-led cannabis equity offering isn’t doing well. In fact, shares of CannTrust Holdings fell as much as 14 percent in New York on Thursday (May 2), marking the sixth day of declines and the lowest level since January. Get the Full Story...

Security & Fraud
Gas Station Software Vulnerable To Hacking
May 03, 2019

Homeland Security’s cybersecurity agency has issued an advisory about a popular gas station software that has flaws, making it highly vulnerable to hacking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Turo: Why Regulating P2P Carsharing Won’t Level The Playing Field
May 03, 2019

The world of traditional car rentals, generally speaking, doesn’t present a consumer with the world’s greatest experience. One can pick the general category of their rental car, but the specific make and model is going to be a mystery until they go pick it up....

Payments Innovation
Airlines Say Wheels Up To Pay-By-Bank Payments
May 03, 2019

Payments don’t always have to be just about the cards. 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 newsletter, PYMNTS Today. By completing this...

Security & Fraud
Global Security Officials Meet To Discuss 5G Security
May 02, 2019

Representatives from a number of countries around the world – excluding Russia, China and representatives from technology giant Huawei – met to discuss the security of 5G networks as many countries prepare for deployment of the technology, according to a report by Reuters. Get the...

Investments
Checkout.com Raises $230M At $2B Valuation
May 02, 2019

Payments solution company Checkout.com has raised $230 million in a recent fundraising round, a number that heightens its valuation to almost $2 billion, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
DOE: Cyberattack Interrupted US Electrical Services
May 02, 2019

The Department of Energy (DOE) has confirmed that a distributed denial-of-service attack (DDoS) perpetrated against an energy company caused “interruptions of electrical system operations,” according to a report. The “cyber event” occurred on March 5 and lasted almost 10 hours. The DOE said the attack...

Investments
Financial Management Chatbot Plum Raises $4.5M
May 02, 2019

Plum, a FinTech chatbot app created to help people manage money, has raised $4.5 million in a funding round, reaching a total of $6.3 million, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited...