The hackers have been foiled. At least in one case, and at least for the moment, they have been foiled. But the threats to, and parrying by, GCash, the eWallet service of Globe Telecom Inc. in the Philippines, underscore the fact that bad actors are...
Brands and merchants may benefit by catering to caregivers’ mindset of seeking consistent reliability in baby products. Parents, family members and other caregivers of young children know that if a given product works for little ones, it usually should not be changed. Applicable to nearly...
Investment firm Prosus is reportedly considering a sale for its payments company PayU. The company is working with Bank of America Corp. as it determines interest in PayU outside India, Bloomberg News reported Tuesday (May 9), citing unnamed sources. The sources said a deal could...
Mastercard and Expedia Group have partnered to launch a new loyalty points redemption solution. With the new Travel with Rewards program, Mastercard cardholders can redeem their points for travel bookings powered by Expedia, the companies said in a Tuesday (May 9) press release. The solution is available to issuers...
Tarabut Gateway has partnered with Visa for a Middle East/North Africa-focused open banking partnership. The companies announced their collaboration Tuesday (May 9), with plans to create “data-driven offerings” like credit risk assessments, advanced analytics, and insights before moving on to cross-border payment and lending solutions. “The future of financial services...
It has been an eventful few weeks since March’s mini banking crisis. Just last Monday (May 1) JPMorgan bought the subsequently failed First Republic Bank — a previously well-regarded and well-managed lender — showing serious aftereffects from Silicon Valley Bank (SVB) and Signature Bank’s collapses are still being felt. While...
With the increasing consumer demand for convenient pickup options in the face of rapid restaurant price inflation, Wendy’s is boosting efficiency at its drive-thrus with the help of Google Cloud. The quick-service restaurant (QSR) giant, which has roughly 7,000 restaurants around the world, announced Tuesday...
Funding and management platform 8fig has raised $140 million to help eCommerce firms navigate a tough financing landscape. The company announced its Series B Tuesday (May 9), saying it would let the company “expand its growth efforts and scale its funding capabilities” for small and...
With consumers buying more snack foods of late, according to major brands, PYMNTS research reveals they are looking for cheaper ways to get their fix while sticking with their favorite brands. Data from the latest edition of the Consumer Inflation Sentiment series, “Consumer Inflation Sentiment...
