News

Earnings
Yelp’s Shares Zoom As Alexa Looms
August 10, 2018

Though normally the firm behind the review, today (Aug. 10) was Yelp‘s turn to solicit investor reviews as it reported its Q2 earnings. 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: Rite Aid Merger With Albertsons Falls Apart
August 09, 2018

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes the collapse of the Albertsons merger with Rite Aid, Walmart and JD.com make a huge investment in Dada-JD Daojia, IBM and Maersk get new participants...

Retail
How Duty-Free Shops Can Tap Into Mobile Wish Lists
August 09, 2018

Airports can be flooded with passengers at particular times of the day, especially when they are faced with a slew of international arrivals. During these times, duty-free shops may find it challenging to maintain sufficient inventory as they contend with incoming crowds. But platforms such...

India’s Telecom Regulator Head Sharma To Stay On For Two More Years
August 09, 2018

The head of the Telecom Regulatory Authority of India (TRAI), Ram Sewak Sharma, will stay on in his role for two more years. According to Reuters, his assignment was slated to end Friday (Aug. 10), but will now have the additional time to continue to shape rules...

Partnerships / Acquisitions
US Bank Looking To Sell Its Payment Unit, Elan
August 09, 2018

U.S. Bank is reportedly looking to sell Elan, its card processing business, reported Fintech Futures. According to the report, Finastra, FIS and Fiserv are in the running to acquire the unit from U.S. Bank. Get the Full Story Complete the form to unlock this article...

Banking
Grasshopper Gearing Up To Launch Challenger Bank In New York
August 09, 2018

Grasshopper, a new bank challenger in New York, is gearing up to go after the banking industry, reported FinTech Futures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Samsung Launches Galaxy Watch Priced Starting At $329.99
August 09, 2018

Samsung Electronics announced on Thursday (Aug. 9) the launch of the Samsung Galaxy Watch, a smartwatch aiming to take on Apple and the Apple Watch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Connected Consumers Are Ready To Buy — Given The Right Context
August 09, 2018

Consumers want smooth connections, not transactional friction. And they want opportunities to discover and buy products in specific online contexts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Comcast Xfinity Customers’ Addresses Partially Exposed
August 09, 2018

Comcast Xfinity, the cable company, exposed partial home addresses and Social Security numbers of millions of customers, reported BuzzFeed News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....