News

IPO
EVO Payments Makes Its Stock Market Debut
May 23, 2018

EVO Payments Inc. made an impressive stock market debut on Wednesday (May 23), with share prices up as much as 26 percent after the company began trading on NASDAQ. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Facial Recognition Nabs Criminals At Chinese Concert
May 23, 2018

Chinese police are using the combined powers of technology and music to catch criminals. 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...

Artificial Intelligence
The Voice Ecosystems’ Emerging Security Threats
May 23, 2018

There’s good news and there’s bad news this week in the world of securing voice-activated, artificial intelligence-powered platforms. 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...

Social Commerce
Facebook’s Marketplace Adds Home Services
May 23, 2018

Starting now, thousands of home services professionals will be available via Facebook. The social media site’s Marketplace platform is rolling out a new feature designed to make it easier for users to find contractors, carpenters, plumbers and house cleaners, according to news from Engadget. All...

Retail
eBay Thinks Global, Gets Personal
May 23, 2018

As one of the web’s best known, most established eCommerce sites and original marketplaces, eBay‘s evolution over the last half decade has been rapid. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Digital Sales Boost Kohl’s First-Quarter Sales Beat
May 23, 2018

Boosted by strong digital sales growth, Kohl’s posted a strong first quarter and beat both top-line and bottom-line estimates. The retailer reported earnings per share of $0.64 and revenues of $4.21 billion compared to analysts’ estimates of $0.50 and $3.95 billion, respectively. Get the Full...

Retail
Hy-Vee’s First Wahlburgers Restaurant Opens In Minnesota
May 23, 2018

Hy-Vee amps up its partnership with the Wahlberg brothers by opening its first Wahlburgers restaurant at the Mall of America in Minnesota. The opening comes as Hy-Vee plans to open another 25 restaurants over the next few years, The Star Tribune reported. Hy-Vee Chief Executive...

Alternative Finances
Are UK Overdraft Fees More Costly Than Payday Loans?
May 23, 2018

Which?, a U.K.-based consumer group, and a cross-party group of 84 MPs are taking on bank overdraft fees, demanding the Financial Conduct Authority (FCA) require banks to charge the same rages for unarranged overdrafts that they do for arranged overdrafts. According to Which?, the rates...

News
U.S. Sanctions Hit ZTE Hard  
May 23, 2018

ZTE, the Chinese telecom firm, may see losses of as much as $3.1 billion (20 billion yuan) amid a continuing ban from the U.S. government on U.S. firms supplying components and materials to ZTE. Get the Full Story Complete the form to unlock this article...