News

Investments
Ant Financial Stake Helps Alibaba Beat The Street
February 02, 2018

Alibaba, China’s leading eCommerce player, announced a 56 percent increase in earnings during its third quarter and revealed it’s acquiring a 33 percent stake in Ant Financial, its payment affiliate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Public Charge Stations Are Vulnerable To Fraudulent Charges
February 02, 2018

Electric car drivers need to be on the lookout for fraudulent charges on their credit cards due to a lack of security measures at some public charging stations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Snap Launches Snap Store
February 02, 2018

Consumers can now shop for Snap goodies in the company’s first merchandise store, located in the Snapchat app. 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...

Payment Methods
BofA Brings PayPal To Business Clients
February 02, 2018

Bank of America Merrill Lynch (BofA Merrill) and payments service PayPal announced a collaboration Thursday (Feb. 1) through which the bank’s business customers can make international payments in local currencies to clients with PayPal accounts — and all using only an email address. Get the...

Payment Methods
Cryptos Provide A Potential Boost To Mastercard
February 01, 2018

Credit cards and cryptos might be a match well made. 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...

Retail
Plenti Rewards Card Downfall of Loyalty Program
February 01, 2018

The Plenti coalition loyalty rewards program has hit a bit of a rough patch, with several partners leaving the service and retailers opting out of accepting members’ earned points, Retail Dive reported Wednesday (Jan. 31). AT&T dropped out last fall, and Alamo, Direct Energy, Enterprise,...

Retail
CPG Accelerator Sees Growth In Delivery Services And Beverages
February 01, 2018

Consumer packaged goods (CPGs) entrepreneurs face many decisions as they grow their businesses. Distribution, packaging and funding can create challenges for those seeking to get their products from the farmers market to shelves of big box brick-and-mortar stores. It can be particularly difficult to overcome...

Retail
IKEA Tests Furniture Rentals
February 01, 2018

To reach more consumers and foster more eco-friendly operations, IKEA is testing out renting its furniture offerings in Japan, Curbed reported Wednesday (Jan. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Finding The Beauty In Ugly Produce
February 01, 2018

As a matter of logic, what food looks like shouldn’t matter, since humans eat with their mouths — not with their eyes. And yet — as an multitude of Instagram food pictures proves — eating, particularly in the digital era, is a visual adventure as well as a...