In the UK, might the fraudsters be getting ahead of the firms they are bilking? A recent study from Vocalink points to that sentiment, while SAS finds significant instances of procurement fraud – 31 percent of firms have suffered as employees and vendors have conspired...
GrubHub Chief Executive Matt Maloney plans to continue investing money in the company in an effort to stand out from the crowded food delivery market. In an interview with CNBC’s Jim Cramer on “Mad Money,” Maloney said the company will continue to be aggressive with...
When it comes to combating payments fraud, it helps to have insight from one who’s been in the trenches. 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...
Samsung Electronics warned that first quarter profits declined nearly 60 percent compared to last year, brought on by weakness in displays and its memory chip unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Denmark has decided to ban 500-euro notes in an attempt to fight money laundering in the country. 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...
Telecom firm Reliance Jio announced that it has acquired a majority stake in startup Haptik, which develops “conversational” platforms and virtual assistants for corporations. The transaction, worth $100 million, gives Jio an 87 percent stake in the company, with the remaining shares going to Haptik’s...
Millennials have been unloading Tesla shares a week before the company revealed disappointing Q1 delivery numbers. The company’s Q1 report sent shares falling by more than 8 percent on Thursday (April 4), according to Markets Insider. Tesla is down nearly 20 percent so far this year....
Blunt question for PYMNTS readers (pun intended): Have you been inside a pot shop lately? One of the legal operations that are springing up in the states that have approved the above-board sale of marijuana products? Or do your views of marijuana retail still center...
In a move to take on Apple’s wireless earbud dominance, Amazon is planning to make its own version with Alexa capability, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
