News

Regulation
Concerns Raised Over FTC Director Nominee
May 14, 2018

U.S. consumer watchdogs have expressed concern over the possible appointment of Andrew Smith as the next director of the Federal Trade Commission’s Bureau of Consumer Protection. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Ridesharing
Data: Uber Customers In Top 32 US Cities Spend ~$50 Per Month
May 14, 2018

Newly released data shows how much some users are spending on ridesharing apps like Uber and Lyft in 32 major cities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Delivery
Munchery Shuts Down Its Service In Seattle, NY, LA
May 14, 2018

Munchery Chief Executive James Beriker announced late last week that the company is shutting down operations in Seattle, New York, and Los Angeles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Merchant Innovation
GasBuddy CEO: Solving Retail’s ‘Last Block’ Problem
May 14, 2018

The world of driving, we’re told often in headlines, is undergoing a major sea change. Consumers – particularly millennials – are driving less and buying fewer cars; the age of the internal combustion engine is coming to an end in favor of electric vehicles; and, of course, vehicles as...

International
Transpay: Go Global, But Not Before Doing These Five Things
May 14, 2018

In many ways, eCommerce has dissolved borders, creating new expectations for business to be conducted between countries with different currencies, languages and regulations. And as the ability to send payments electronically becomes faster and cheaper with innovation, it seems like doing business globally should no...

eCommerce
Digital Magic And The Modern Mom
May 12, 2018

Mothers are special people. 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. By completing this form, you agree to receive marketing...

Regulation
Former Head Of Vatican Bank Head Embezzlement Trial Underway
May 11, 2018

The former head of the Vatican bank is answering tough charges of money laundering and embezzlement, according to news from Reuters. Angelo Caloia, 79, is the highest-ranking Holy See financial official to stand trial. He, along with lawyer Gabriele Liuzzo, 95, stand accused in a trial...

News
Five At Five: Why Can’t Macy’s Impress Morgan Stanley?
May 11, 2018

Welcome to Five at Five, your late look at some of the freshest payments news of the day — news you might have missed. Today’s stories include a discussion on why Macy’s eCommerce success does not impress Morgan Stanley and the details behind the joint...

Payment Methods
Chinese Tourists Are Driving Global Payment And Retail Change
May 11, 2018

One of the small joys of travel is waking up a bit later than expected, then skipping the check-out desk on the way to a cab or shuttle bus, the morning off to a strong start because there was no need to wait in a line....