Chinese tech giant Tencent Holdings is looking to hire self-driving car engineers in Palo Alto, California. 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...
Lender Investors Bancorp is reportedly ready to start reaching out to potential buyers as it considers a sale. According to The Wall Street Journal, Investors, which has about 150 branches in New Jersey and New York, has hired Keefe, Bruyette & Woods to advise on the...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest European push to tax such companies as Google, Apple, Facebook and Amazon. NCR makes a fraud prevention move, Airbnb landlords get a hefty fine, Amazon...
In the digital world, loyalty can work as a differentiator, a way to keep consumers amid fierce competition from many merchants. But loyalty also comes at a price, and as airlines enjoy strong demand, one major carrier is upping the cost for its top customers...
Transit, the startup that helps city dwellers navigate life and move about the city without a car, just raised $17.5 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
With strong income growth, increased customer confidence and low unemployment, U.S. holiday sales may top $1 trillion this year. eMarketer noted that the sales may reach $1.002 trillion for the period extending from Nov. 1 to Dec. 31 — nearly 6 percent more than 2017, CNBC reported....
CVS Health beat analysts’ earnings and revenue estimates for the third quarter amid a rise in its pharmacy revenue. The retailer, which also said it foresees its Aetna acquisition to close prior to Thanksgiving, reported earnings per share of $1.73 and revenues of $47.3 billion compared to...
Before Michael Krakaris co-founded an online fulfillment platform for eCommerce merchants, he learned firsthand how companies could reinvent messy spaces with software. One of his first jobs was working for a company that created an application programming interface (API) to help businesses send text messages to...
A quick glance at the PYMNTS Subscription Commerce Tracker quickly explains the massive allure of the meal kit delivery business for entrepreneurs of all kinds. The projected value of meal kit subscription sales is estimated to hit $3 billion in 2018. Which is why there...
