Cumulative downloads of Square‘s Cash App surpassed PayPal‘s Venmo for the first time ever after Square’s service grew three times faster than its rival in July. Data from Sensor Tower and Nomura Instinet revealed that the Cash App’s cumulative downloads now total to 33.5 million, exceeding...
Businesses in nearly every industry need to worry about risks, especially when it comes to fraud and security. But those dangers are even more pressing in the banking industry, where bad actors are increasingly attacking financial institutions (FIs) on multiple fronts, and using multiple techniques....
Package thefts have become so prevalent with the rise of eCommerce that those who steal packages from the doorsteps of homes and apartments have been nicknamed “porch pirates.” In particular, a Shorr Packaging analysis suggests that tech hubs such as Silicon Valley, Boston and Seattle...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes Australian plans to gain access to encrypted data, along with a funding boost for blockchain. In addition, two major retail chains have upped their digital efforts, and...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s partnership with Safaricom for money transfers to mobile money accounts in Kenya. In addition, Bambora is working with Payworks to introduce Bambora Connect, and Hong Kong-based The Bank of East...
If Amazon’s doing it, the trend must be real, right? 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 Today. By completing this...
As the saying goes, cash is king. 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 Today. By completing this form, you agree...
Axoni, a provider of enterprise blockchain technology, announced Tuesday (Aug. 14) that it has raised $32 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Hotels have enjoyed the rewards of word-of-mouth marketing for years, but they now face a challenge: how can they deal with a deluge of requests from bloggers and influencers wanting to spread the word about their properties in exchange for a stay? Hotels can struggle...
