News

Merchant Innovation
Airbnb Courts High-End Travelers With New Tiers
February 23, 2018

Airbnb announced news on Thursday (Feb. 22) that it is debuting new tiers on its platform geared toward travelers looking for higher-end lodging. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
Equifax Taps Entersekt To Boost Mobile Security
February 23, 2018

Entersekt, the push-based authentication and mobile app security company, announced news on Thursday (Feb. 22) that it inked a technology partnership with global information solutions company Equifax. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Bank Of America Warns Of Crypto Risks
February 23, 2018

Bank of America has reported that cryptocurrency could represent a substantial threat to its business in its annual filing with the SEC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Omnicommerce
NEW DATA: Why 66 Percent Of Consumers Buy Clothes Online
February 23, 2018

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 communications from PYMNTS and...

Merchant Innovation
Worldpay Debuts DataEdge For FIs
February 22, 2018

Worldpay, a payments technology company powering global, integrated omnicommerce, announced news on Thursday (Feb. 22) that it has launched DataEdge for Financial Institutions, powered by the company’s Vivid Data Engine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Ridesharing
Uber’s New CEO Says Company Will Invest In India Operations
February 22, 2018

Uber’s new Chief Executive Officer, Dara Khosrowshahi, dismissed rumors during a presentation in India about a potential merger with ridesharing service Ola, saying instead that he plans to invest more in the company’s India business, which has been suffering recently from losses. Get the Full...

Partnerships / Acquisitions
Uphold Acquires Mobile Payments Platform Cortex MCP
February 22, 2018

In a move to strengthen its digital money platform with secure payment applications, Uphold has acquired Cortex MCP. Cortex’s CEO and Founder, Shaunt Sarkissian, will head up Uphold’s payments team, according to an announcement from Uphold. Get the Full Story Complete the form to unlock...

Retail
Quick Swiping, Long Learning And A Better Way To Build A Fashion Marketplace
February 22, 2018

Since its launch in 2013, Mallzee has been informally designated the “Tinder of fashion” in the U.K., where the company is headquartered (specifically Edinburgh). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
70 Percent Of Merchants Use Progress Bars To Drive Checkout Conversions
February 22, 2018

Big merchants have many strategies, but they often lack an online checkout strategy. As a result, merchants may lose millions a year due to the friction associated with converting shoppers to buyers online. In fact, merchants experience an overall $200 billion in lost sales each...