News

Security & Fraud
Hackers Steal Discount Vouchers From Pinduoduo
January 21, 2019

Pinduoduo, the Chinese Nasdaq-listed Internet marketplace that lets consumers get discounts from merchants, announced Sunday (January 20) that an online collective stole tens of millions of yuan worth of discount vouchers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Why The Sweet Smell Of Tech Success Can Be Rife With Failure
January 19, 2019

In 1946, a few weeks before Christmas, Frank Capra’s Christmastime classic “It’s a Wonderful Life” was released in theaters. 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...

Retail
The Payments And Commerce Game Of The Super Bowl
January 18, 2019

For certain sports fans, it’s one of best times of the year, a weeks-long period of anticipation, anxiety and hope. That’s because after a long fall, and after enduring what winter has thrown at us so far, the big day is approaching — Major League Baseball...

Banking
Lloyds Banking Group Reports Faster Payments Outage
January 18, 2019

Lloyds Banking Group, which includes Bank of Scotland, Halifax and Lloyds, has suffered a faster payments glitch that affects customers’ ability to get money, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Goldman-Backed Vietnam Mobile Wallet Momo Snaps Up New Funds
January 18, 2019

Momo, a Vietnam-based FinTech company that provides users with digital payment options, has reportedly received a very large Series C investment from American private equity firm Warburg Pincus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
US Regulators Eye ‘Record’ Facebook Fine
January 18, 2019

Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook, a punishment that could be sizable in scope and which comes in the wake of privacy violations. Get the Full Story Complete the form to unlock this article...

Investments
Amid China’s FinTechs, Small Caps, Short Sales, Big Gains
January 18, 2019

For short sellers – those who bet that stocks will fall rather than rise – amid Chinese FinTechs, this week has led to big gains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Microsoft Admits That Cortana Can’t Compete With Alexa, Google Assistant
January 18, 2019

Microsoft is taking its digital assistant Cortana in a new direction as it has fallen behind Google Assistant and Alexa in the past year, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Amazon Profile
Reliance To Battle Amazon And Flipkart For India eCommerce
January 18, 2019

Indian company Reliance Industries plans to open an eCommerce site geared toward small retailers, one that would rival Amazon and Flipkart, Financial Times reported on Friday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...