News

Wearables
Will Kids Be Key To Cracking The Wearables Code?
June 14, 2018

The Fitbit Ace, the wearable company’s latest $100 offer geared specifically to children, is officially out on the market. Designed for children eight and up, the product, according to reviews in The Verge, is similar to the Fitbit Alta in terms of design. Get the...

Bitcoin
For Bitcoin, Voting And Weighing Machines May Point To Investor Exits
June 14, 2018

In investing, like in sports, maxims abound. 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...

News
Five at Five: Microsoft Takes on Amazon
June 14, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today we have stories about Microsoft moving into Amazon territory, why Macy’s proved to be a good bet and the new technology chief at Equifax. RBC has a big plan...

Partnerships / Acquisitions
Alior, solarisBank, Raisin And Mastercard Partner On European Digital Bank
June 14, 2018

The Poland-based Alior Bank is teaming up with solarisBank, Raisin and Mastercard to roll out a digital bank in Europe open to all European Union residents. According to a report in BankingTech, the new digital bank is slated to launch in the fourth quarter of...

Latin America
Why Brazil Attracts The Attention Of Fuel Payments Firms
June 14, 2018

A recent fuel payments move by WEX highlights the increasing importance of South America — notably Brazil — to the fleet and freight industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
RBC To Spend More Than $3B On Advanced Technology
June 14, 2018

Royal Bank of Canada (RBC) is gearing up to spend $3.2 billion on technology with a focus on artificial intelligence, digital products and social media. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
Amex Rolls Out New Cash Back, No Annual Fee Cash Magnet Card
June 14, 2018

American Express, the payments company, announced Thursday (June 14) the latest addition to its cash back portfolio the no annual fee American Express Cash Magnet™ Card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
SEC: Some Crypto Coins Are Securities (Not Bitcoin)
June 14, 2018

The Securities and Exchange Commission’s (SEC) leading authority on bitcoin, cryptocurrency and initial coin offerings (ICOs) has ruled that some well-known cryptocurrencies like bitcoin and Ethereum are not securities. However, the coins offered during initial coin offerings very likely are entirely — or mostly —...

Retail
Chef’d Meal Kits Coming To New York Area Drugstores
June 14, 2018

Chef’d, the maker of meal kits that can be purchased in grocery stores, has inked a deal to sell the kits in Walgreens and Duane Reade stores in the New York area. Get the Full Story Complete the form to unlock this article and enjoy unlimited...