News

Retail
Kroger Debuts Rx Membership Program
December 13, 2018

Kroger has launched the Rx Savings Club, which aims to significantly reduce the cost of prescription drugs for customers across the country. The program adds to the retailer’s Wellness Your Way platform, and was developed in partnership with GoodRx. Get the Full Story Complete the...

Ridesharing
Study: Lyft Growing 2x As Fast As Uber
December 13, 2018

A new report has found that Lyft is growing twice as fast as its chief rival Uber. While both companies grew their revenue since last year, according to Second Measure, Lyft’s grew 32 percent — two times faster than Uber. Get the Full Story Complete...

Banking
Germany Pushes For Commerzbank, Deutsche Merger
December 13, 2018

The German government is looking at a merger as a way to fix scandal-ridden Deutsche Bank. 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...

Payment Methods
JetPay Payment Processing Goes Live Via NCR
December 12, 2018

Urban Eatz in Richardson, Texas, has become the first NCR customer to use JetPay payment processing through its point-of-sale (POS) software. Back in October, NCR announced that it was acquiring Pennsylvania-based JetPay, “a provider of end-to-end payment processing and human capital management solutions.” Get the Full...

Security & Fraud
Govt. Cyberattacks May Be Linked To Lazarus Group
December 12, 2018

Dozens of companies around the world were infiltrated by hackers using malicious software programmed to steal information, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

News
Five At Five: The ‘Amazon Effect’ And Hiring
December 12, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest data about how Amazon impacts local hiring, and how Facebook wants to predict your next stop. PayPal faces a malware threat, Hertz embraces biometrics and...

Investments
Coffee Startup Luckin Challenges Starbucks With $200M Investment
December 12, 2018

A coffee startup in China that’s gunning for Starbucks has raised $200 million in a Series B funding round, bringing the company’s valuation to $2.2 billion, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
New BCFP Director: Privacy, Data Security Are Priorities
December 12, 2018

Kathy Kraninger, the new head of the Consumer Financial Protection Bureau (CFPB), has said that she’ll prioritize the protection of consumers over regulatory issues, according to a report by the Chicago Tribune. Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Global Card Payment Use Rose 13 Pct In 2017
December 12, 2018

The number of merchants accepting card payments around the world grew by 13 percent in 2017, to 69.2 million, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...