Uber, the ride-hailing startup gearing up to go public via an initial public offering (IPO), is reportedly seeking a valuation of between $80 billion and $90 billion and is getting a $500 million investment from PayPal. Get the Full Story Complete the form to unlock...
Citigroup’s Global Head of Payments and Receivables Manish Kohli is relying on technology to increase its payment business. 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...
Consumer dependence on smartphones is often derided as a distraction, but they have also become a vital mobile shopping and buying tool – whether in-store or from a living room sofa. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Consumer Financial Protection Bureau (CFPB) announced Thursday (April 25) that it has issued a request for information on its remittance rule, which had faced calls by the Credit Union National Association for revision. Get the Full Story Complete the form to unlock this article...
Footwear giant Nike has submitted an application to trademark the term “cryptokicks,” according to reports. 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,...
The U.S. Trade Representative’s Office (USTR) has placed Chinese eCommerce site Pinduoduo.com on a blacklist, along with other sites the organization says are involved in copyright infringement and counterfeiting, according to a report from Reuters. Get the Full Story Complete the form to unlock this...
Vocalink is teaming up with Saudi Payments to launch real-time payments in Saudi Arabia, reports in Thomson Reuters Zawya said Thursday (April 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Grocery stores are undergoing historic transformation thanks to digital technology, transforming from rather staid operations to places that feature the latest retail and delivery innovations. That’s all fine and dandy, assuming consumers are within easy reach of those grocery stores. Get the Full Story Complete...
Drugstore chain CVS has announced it will open hundreds of SmileDirectClub centers inside of its stores, with plans to eventually have them in upwards of 1,000 locations. The centers will be called SmileShops, and customers will be able to get a 3D scan of their...
