Another one has bitten the dust when it comes to providing the vital last-mile delivery service for online consumers (especially the hungry ones). The news that on-demand delivery startup Munchery has closed its doors — even after raising $125 million in venture capital funding — serves as...
Emergent Technology (EmTech), a finance and technology company, announced on Monday (Jan. 21) that its blockchain-based gold supply chain ecosystem (RG SCA) has received Shariah-compliance certification, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As perks for consumers go, cash-back offerings remain the leader of the pack when consumers are choosing credit cards. In the U.S., 13 percent of adults have an airline or hotel credit card, and 12 percent have a general travel rewards credit card, according to...
UK Finance Minister Philip Hammond said that a proposed rectification process to aid small businesses in disputes with banks is too easy on the financial institutions, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy...
Flipkart, a huge eCommerce company in India, has invested $201 million into its wholesale unit, in a bid to stay relevant in an already crowded market that’s been hit with industry-shaking regulatory changes recently, according to reports. Get the Full Story Complete the form to...
The Rockefeller Foundation and the Mastercard Center for Inclusive Growth, the two philanthropic arms of the organizations, announced a partnership on Tuesday (Jan. 22) called Data Science for Social Impact, according to a press release. Get the Full Story Complete the form to unlock this...
TomTom, a Dutch navigation and mapping company, has sold its telematics unit to Bridgestone Europe for €910 million ($1,033 billion). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
At the World Economic Forum in Davos, Switzerland, executives of PayPal and Mastercard touted partnerships between financial technology companies and banks as a positive way to gain customers’ trust and innovate new ways for customers to interact with their finances. Get the Full Story Complete...
Apple announced Tuesday (Jan. 22) that Target, Taco Bell, Hy-Vee supermarkets in the Midwest, Speedway convenience stores and Jack in the Box all now support Apple Pay, its digital payment service. In a press release, the Cupertino, California iPhone maker said that with the addition of...
