eBay is close to reaching a settlement with Elliott Management and Starboard, the two activist investors that have been calling for change at the online auctioneer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The European Union’s (EU’s) battle against U.S. card company interchange fees reached new levels earlier this year when the European Commission (EC) issued a $648.3 million fine against Mastercard for its swipe fees, which regulators said drove up prices for retailers and consumers, and hampered...
Given its reach into literally every corner of the globe, it is not much of an exaggeration to say that we are living in the era of chat. Some 5.8 billion people use chat apps of one kind or other — roughly 76 percent of...
The Federal Reserve Chairman has vowed that U.S. regulators will conduct a “thorough” review of BB&T Corp.’s planned merger with its rival SunTrust. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
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A new survey found that Costco Wholesale has beat out Amazon in customer satisfaction. The annual American Customer Satisfaction Index (ACSI) survey shows that, after taking the top spot in customer satisfaction in the eCommerce space since 2010, Amazon dropped 4 percent to an ACSI score...
It’s a process that stands not only as a familiar feature of U.S. history, but a part of global economic development stretching back centuries: First comes innovation, then comes growth based on that innovation (not just economic, but cultural and other forms of growth), then...
A direct-to-consumer lingerie startup has raised $55 million in a funding round that includes investors like the former AOL CEO Tim Armstrong and broadcaster Katie Couric, according to reports. “ThirdLove is the triple threat,” Armstrong said in an email to TechCrunch. “They have great margins, own...
AlipayHK users will soon be able to use the service in parts of Japan and Southern China, the company said on Tuesday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...