News

Retail
Flipkart Will Still Be A Board-Run Company With Walmart Deal
June 04, 2018

While Walmart has taken a majority stake in Flipkart, the company’s operating structure will remain the same: Flipkart Co-founder and Group CEO Binny Bansal said that the company will continue to be led by its board of directors, Livemint reported. Get the Full Story Complete the...

Artificial Intelligence
Can’t Navigate The Moral And Ethical Implications Of AI? There’s An App For That
June 04, 2018

Bank of America and Harvard University have collaborated on a new initiative designed to make the complex technologies behind artificial intelligence (AI) and machine learning (ML) more universally beneficial and accessible to the global workforce. The mission of the newly formed Council on the Responsible Use...

B2B Payments
Egencia: Cost Savings A Key Focus For SMB Travel Policy In 2018 And Beyond
June 04, 2018

Egencia finds in a study that SMBs are eyeing travel costs to boost bottom lines, with 85 percent stating it is a key focus for the next year. That comes against a backdrop where a significant number of business travelers have “booking freedom.”

Payments Innovation
The Case For Contextual Commerce
June 04, 2018

Before there was on demand, there was time shifting. 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,...

Ridesharing
Lyft Plans to Buy a Bike-Sharing Company
June 04, 2018

Lyft will buy the bike-sharing company Motivate, according to report in The Information. The potential deal follows a similar move by Uber in April. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
AIG: WannaCry, Data Breaches Made 2017 Worst Year Yet
June 04, 2018

Following a series of sophisticated cyberattacks, such as WannaCry and NotPetya, AIG received a surge of cyber claims in 2017: The insurer saw as many claims notifications as the previous four years combined, RT reported. Get the Full Story Complete the form to unlock this article...

International
European Banks UniCredit And SocGen Plan Merger
June 04, 2018

Italy’s UniCredit and French rival Société Générale are planning to merge, which could lead to other big banking mergers throughout Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fintech Investments
White Star Capital Pulls In $180M For ‘Transatlantic’ FinTechs
June 04, 2018

Global venture capital firm White Star Capital has pulled in a second fund of $180 million. 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...

B2B Payments
US Workers Want Self-Service Tools From Employers
June 04, 2018

Employees want to be able to complete HR-related tasks on their own, a new survey from Paychex has shown: Almost three quarters — or 73 percent of full-time U.S. workers — want employee self-service tools from their employers, CPA Practice Advisor reported. Get the Full...