The Gap is parting ways with Old Navy, deciding to create two publicly-traded companies. 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...
Two of Liberia’s central bank officials have been detained over widespread malpractice at the bank related to $104 million in missing bank notes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Microsoft’s lastest cybersecurity report has revealed that state-sponsored hackers have attacked several financial services firms, managing to steal “large sums of cash.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The year 2019 is already shaping up as a big year for deal-making in financial services and payments. Western Union, of course, just sold Speedpay, its U.S. bill payments unit, to ACI Worldwide for $750 million. In an interview with Karen Webster, Western Union CEO...
Imagine getting paid to go home. (Really, take a moment and do so. Feels nice, right?) Now, imagine not only getting paid to go home, but doing so in a way that pleases one’s employer, neighbor, girlfriend’s boss or the person on the other end...
The 2018 holiday quarter was a good one for smartwatches, as Samsung and Fitbit each quadrupled shipments compared to a year before, according to reports. And although Apple Watch market share dropped 15 percent over the same time period, it still dominates with control of...
Ride-hailing and food delivery app Uber is reportedly in “advanced” talks to buy Careem, a Dubai-based rival, 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....
Chinese eCommerce company JD.com and luxury fashion platform Farfetch are expanding on a previous partnership to bring a “Premier Luxury Gateway to China,” according to a release by the companies. Under the terms of the arrangement, Toplife, JD.com’s luxury arm, will merge into a new...
The chairman of Reliance Industries has run into a hitch in his quest to take on Amazon in India and become the biggest eCommerce company in the country, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...