Activist investor ValueAct Capital Partners revealed that it’s built a roughly $1.2 billion stake in Citigroup. 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...
Only 5 to 10 percent of cards whose data is exposed in a breach end up getting used in fraudulent transactions, a Fiserv executive says in “Walk to the Elevator,” a new interview series from PYMNTS. Becoming more precise with fraud detection can help prevent...
Ripio has had more than one name in its evolution as a firm – but only a single goal. Originally known as BitPagos at launch, and then rebranding to Ripio in advance of its late 2017 ICO – the Argentina-based firm wants to use the blockchain...
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To provide consumers with more ways to save money at neighborhood restaurants, Groupon has added American Express to its Groupon+ platform. The free-to-claim, cash-back deals program is now available in about 25 U.S. markets, the company said in an announcement. Get the Full Story Complete the...
Microsoft and Stripe are teaming up to enable integrated payments in Microsoft Outlook, the companies announced on Monday (May 7). 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...
As Alibaba looks beyond eCommerce to expand its empire, some investors are getting nervous: Since January, the eCommerce retailer has lost approximately $60 billion in market value, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As it tests out new retail concepts such as pop-up shops, Macy’s has acquired a retail store in New York City that has a rotating selection of items called STORY. Every few months, the store picks a theme such as Love, Home For The Holidays...
The race to win India’s eCommerce power player Flipkart is over and won by Walmart with a $15 billion bid on the firm. The deal will give Walmart of a majority stake in the firm, roughly 75 percent of the entire Flipkart group. The final outcome...
