Following a third-quarter earnings and revenue beat as well as a strong quarter for Venmo, shares of PayPal jumped 9 percent on Friday (Oct. 19). The stock reached highs over $86, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...
In a sense, the ongoing battle for point-of-sale supremacy involves intimacy. 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...
To open its EMV® Secure Remote Commerce (SRC) specification for public comment for a 45-day period, secure payments enabler EMVCo has issued a draft version of the specification called version 0.9. The organization wants to allow merchants, payment networks and card issuers, among other payment...
For smaller firms, the IoT has its lures and its dangers. 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...
To take advantage of its warehouse and driver network, JD.com plans to add a parcel delivery service to its lineup. The offering would let individuals and businesses in three Chinese cities – Guangzhou, Shanghai and Beijing – send packages around China, Reuters reported. Get the...
Men, conventional wisdom indicates, enjoy shopping for clothing somewhat less than women, and on the whole they care less about what they wear. Men are not shoppers – or so the stereotypes tell us. Get the Full Story Complete the form to unlock this article...
While Starbucks aims to streamline its operations in places that are seeing challenges with sales, the coffee chain plans to give a longtime partner the rights to operate cafes in four European markets. Mexico’s Alsea SAB will receive the rights for Belgium, Luxembourg, France and...
Rent the Runway announced that it is setting up drop boxes at 15 WeWork locations across the U.S. 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...
Invoice fraud — changing details so that money is routed to fraudsters’ bank accounts — may have hit Microsoft through one of its own employees. Elsewhere, Patisserie Valerie finds a huge cash shortfall, and a new report details that payments fraud seems inexorably on the rise.
