Mastercard announced today that Simon Hunt, a cybersecurity expert, has joined the company as executive vice president to head the cybersecurity solutions unit. In a press release, the payment company said Hunt’s role will increase Mastercard security capabilities for its credit cardholders, customers, merchant and other...
SoftBank is gearing up to invest $2.25 billion in General Motors (GM) self-driving unit Cruise, in what appears to be validating GM’s position in autonomous driving. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
PayPal, the digital payments company, has participated in a round of fundraising with Pine Labs of India, in which it raised $125 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Talk about kicking the tires: JPMorgan is reportedly helping Cars.com to explore “strategic options, including a possible sale of the company,” according to the New York Post. The news represents the latest development in the quickly evolving ties between the digital world and car vehicle sales and service....
For most people, playing in the French Open — and mounting a major comeback after having their first child — in a sport they have spent almost a decade and a half dominating would count as enough to do in a single week. But the...
As Sears Holdings grapples with falling sales, the retailer is expecting to close an additional 72 stores. Those planned closures are in addition to the hundreds of brick-and-mortar locations the retailer has already shuttered, The Wall Street Journal reported. Get the Full Story Complete the...
Delivery on demand is one of the hallmarks of the mobile/digital era, and so it’s unsurprising the speed at which being able to delivery has become a key differentiator for Panera Bread, which recently rolled out its delivery option nationwide. The journey to nationwide delivery...
After taking its eCommerce channel in-house, Dick’s Sporting Goods is stepping up its omnichannel efforts. To do so, it is focusing on its speed of checkout in its brick-and-mortar stores and through its eCommerce channel. Get the Full Story Complete the form to unlock this...
Traditional FIs may feel pressured by the growth and inroads of nimbler tech-focused brethren in the FinTech realm. But collaboration is key, and one subset that may see a sprouting of matchups between stalwarts and upstarts may be in community banking.
