News

Payment Methods
RiverPay Aids Merchants With QR Code Payment Integration
April 18, 2019

The UnionPay card in China is accepted by more than 80 percent of merchants in the United States, but Chinese customers are increasingly moving toward QR code payment capability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Facebook Admits To Uploading 1.5M User Contacts
April 18, 2019

Social media giant Facebook has admitted that it might have “unintentionally uploaded” the email contacts of 1.5 million new users since May of 2016, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
China’s Starbucks Rival Luckin Raises $150M
April 18, 2019

Luckin, a Chinese coffee startup that aims to dominate rival Starbucks in the Chinese coffee market, has raised $150 million in a Series B-plus fundraising round, according to a report. The fresh capital values the company at $2.9 billion, which is an increase of $700...

Security & Fraud
Carsharing App car2go Hacked, 100 Mercedes Stolen
April 18, 2019

Daimler’s car-sharing service car2go was shut down temporarily Thursday (April 18) in Chicago after a slew of Mercedes-Benz cars were stolen by using the app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
YouTube Coming To Amazon Fire TV Devices
April 18, 2019

Amazon and Google announced Thursday (April 18) that the two are gearing up to launch an official YouTube app on Amazon Fire TV devices and Fire TV Edition smart TVs, as well as the Prime Video app for streaming to Chromecast and Chromecast built-in devices....

Banking
T-Mobile Takes On Banks With Mobile Checking
April 18, 2019

Wireless carrier T-Mobile is getting into the banking market, announcing Thursday (April  18) the launch of T-Mobile MONEY nationwide, a no-fee, interest-earning, mobile-first checking account that anyone can open and manage from their smartphone. Get the Full Story Complete the form to unlock this article...

Retail
Can Retailers Find Secondhand Success With Luxury (And Other) Items?
April 18, 2019

The second time is the charm — that holds true for Neiman Marcus, and the hot retail trend the chain is tapping into (again). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Will Telling A Story Drive Foot Traffic To Macy’s?
April 18, 2019

2019 got off to a bumpy start for Macy’s, as holiday sales slumped when they were expected to soar. “The holiday season began strong – particularly during Black Friday and the following cyber week – but it weakened during the mid-December period, and did not...

Retail
Retail Sales Mark Comeback, Rising 1.6 Pct In March  
April 18, 2019

Spring has sprung, as March marched to the best showing of monthly retail sales data in a year and a half. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...