Food retailer Kroger is reportedly backtracking on a previous decision to extend payment terms to 90 days for suppliers, following an outcry from the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Broadcom has agreed to buy software company CA Technologies for $18.9 billion. According to The Wall Street Journal, Broadcom will pay $44.50 a share in cash for CA, formerly known as Computer Associates, which sells tools for mainframe computers. The news sent New York-based CA’s shares surging...
Despite bitcoin’s fall, Square‘s mobile payment app, which launched crypto trading in late January, is surging. In fact, Square Cash is growing roughly three times faster than PayPal‘s Venmo, with nearly 2 million downloads per month in May and June, according to data from Instinet. Get...
New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Trump administration has created a new task force that will focus on protecting consumers from one of the biggest fraud threats: crypto coins. Bloomberg noted that a focus of the panel, announced on Wednesday (July 11), will be on the scams involving bitcoin and other virtual...
Dean Garfield of the Information Technology Industry Council — a trade group that represents Google, Microsoft and other tech companies — is calling for faster development of national privacy norms to avoid opposing state rules. Get the Full Story Complete the form to unlock this article...
Walmart de Mexico’s new head of eCommerce, Ignacio Caride, is focusing on growing the retailer’s grocery deliveries to differentiate from rivals including Amazon and MercadoLibre. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Users of the Starwood Preferred Guest (SPG) American Express (Amex) card aren’t happy with the changes coming to their cards, which give them one-third fewer reward points for almost every dollar they spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
There is a better way for banks to help corporations and businesses, including SMEs, to make money — a method that takes advantage of all the benefits of digital technology while working within the limitations of legacy banking systems. Get the Full Story Complete the...
