News

Artificial Intelligence
Apple Poaches Google’s AI Chief As It Aims To Beef Up Its Offering
April 04, 2018

Apple, aiming to catch up in the artificial intelligence front, has poached Google’s John Giannandrea, chief of search and AI, in what is seen as a major win for its AI efforts. Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Russian Payments Service Yandex.Checkout Launches Credit Service For Online Shoppers
April 04, 2018

Russia’s largest payments service, Yandex.Checkout, announced that online stores can now subscribe to a new service that allows merchants to sell goods and services on credit or by installments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Mobile Payments
Square’s Cash App Comes To The UK
April 04, 2018

Square announced on Tuesday (April 3) that its peer-to-peer (P2P) Cash app is now available in the U.K. According to news from MarketWatch, the U.K. is the first international market for the Cash app. Like in the U.S., users across the pond can now send and receive...

Retail
Alibaba Buys Food Delivery Startup Ele.me For $9.5B
April 03, 2018

Alibaba is in the process of acquiring food-delivery startup Ele.me for $9.5 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. yesSubscribe to our daily newsletter, PYMNTS Today....

Payment Methods
How Co-Branded Credit Cards Evolved From The Early 1900s Department Store
April 03, 2018

In the early 1900s, department stores came up with a novel idea to help their customers pay for their purchases: Customers could use metal plates — that looked like dog tags or tokens — at retailers such as Gimbels that tracked their spending. The idea was that...

Retail
Honey Restarts Funding Talks
April 03, 2018

After its funding talks were put on hold earlier this year, Honey’s discussions to raise new funding appeared to have restarted. The company has previously held talks to raise approximately $100 million, Recode reported. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Solving For The Unknowns In Small Business Banking
April 03, 2018

Small business (SMB) banking is in need of an overhaul. Between the threat of FinTechs and small business owners’ increasing willingness to switch banking providers, financial institutions are waking up to the demand for better SMB services. Get the Full Story Complete the form to...

B2B Payments
Amazon’s Impact On Small Biz More Beneficial Than Harmful, Survey Suggests
April 03, 2018

“Blame Amazon” may not be an entirely legitimate excuse for failing businesses, according to new research from Insureon and small business (SMB) directory firm Manta. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Employee Phishing Likely To Blame For Saks, Lord & Taylor Breach
April 03, 2018

Experts say an employee phishing scam is likely to blame for the data breach affecting millions of Saks Fifth Avenue and Lord & Taylor payment cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...