News

B2B Payments
UK To Allow More SMBs To File Bank Complaints
October 16, 2018

The U.K. government is broadening the ability of small businesses (SMBs) to lodge complaints against their banks, according to Financial Times reports Tuesday (Oct. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Ridesharing
Lyft Rolls Out All-Access Monthly Subscription Plan
October 16, 2018

Lyft, the ride-hailing company, announced on Tuesday (Oct. 16) that it has launched a new subscription plan that it is calling its All-Access Plan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Apple Apologizes For Stolen Apple IDs In China
October 16, 2018

Apple, nearly a week after it emerged that some Apple IDs were stolen in China, apologized for the hacking, saying in a statement that it found “a small number of our users’ accounts” had been accessed via a phishing scam, reported The Wall Street Journal....

Investments
Instacart Raises $600M At $7.6B Valuation
October 16, 2018

Instacart, the retailers’ delivery service, raised $600 million in a fresh round of funding, giving it a valuation of $7.6 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
Flywire Streamlines Indian Cross-Border Tuition Payments
October 16, 2018

Flywire, a company that solves payment problems for businesses and institutions, announced Tuesday (Oct. 16) that it has launched a simpler way for students in India to pay tuition fees to global universities. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Christie’s Brings Blockchain To The World Of Art
October 16, 2018

While much has been said and written about the blockchain in recent years – good and bad – generally speaking, few have ever really considered it as an artistic venture. In the sense that anything ingenious is a work of art, one could say that...

Retail
Menswear Brands Get An Online Spotlight With Deal-Of-The-Day Platforms
October 16, 2018

Small menswear brands, even some that are considered to be medium or large, might face a challenge when it comes to marketing: How do they get in front of consumers? Michael Sacks, who co-founded Cayenne, settled on a Woot-like deal-of-the-day platform to enable these brands...

Retail
Tapping Into The Digital Economy With Restaurant Innovations
October 16, 2018

In a bid to serve customers through digital channels, quick-service restaurants (QSRs) are rolling out new innovations. These technologies bring more options for consumers to order and pay for their meals, such as kiosks and mobile ordering. In one new approach, some QSRs are offering...

IPO
Uber’s IPO Value Pegged At $120B
October 16, 2018

For a potential initial public offering (IPO), Wall Street banks have reportedly given Uber proposals that value the company as high as $120 billion. According to people with knowledge of the matter, the IPO could happen early in 2019, The Wall Street Journal reported. Get...