News

Payment Methods
Have We Reached The Push Payments Inflection Point?
January 03, 2018

Living paycheck to paycheck isn’t just for gig workers like Uber drivers and landscapers. It’s the way many, many average Americans live their lives, from policemen and firemen to educators. And it can be even tougher if they’re waiting for a literal, paper paycheck. Get...

Mobile Commerce
In-App Spending Up 12.3 Percent On Christmas Day
January 02, 2018

Spending on in-app purchases jumped 12.3 percent on Monday (Dec. 25), with consumers around the globe spending money on in-app purchases, subscriptions and premium apps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Auto Asset-Backed Securities Surge; Could Create Trouble In 2018
January 02, 2018

Auto asset-backed securities (ABS) hit a post-financial crisis high this year in the U.S., which could set up some trouble in the new year if the Federal Reserve raises interest rates and consumers struggle to pay back their auto loans. Get the Full Story Complete the...

Security & Fraud
Forever 21’s POS Hack Went Unnoticed For 8 Months
January 02, 2018

Forever 21 has provided an update on a payment card data breach that it first reported in mid-November. According to the national clothing retailer, encryption technology on some of its point-of-sale devices at certain store locations wasn’t always activated. Get the Full Story Complete the...

Fintech Investments
Ex-SoFi CEO Raising $25M For His Next FinTech Move
January 02, 2018

Mike Cagney, the SoFi founder who was ousted from the company three months ago after allegations of sexual harassment, is already working on his next move. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart Announces Most Popular Items Bought Online In Each State For 2017
January 02, 2018

Wondering what consumers in your home state are buying on Walmart.com? 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...

South East Asia
China Clamps Down On Cross-Border Withdrawals
January 02, 2018

Chinese regulators have capped overseas withdrawals using Chinese bank cards at Rmb100,000 per year. 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....

Ridesharing
Uber’s Latest Taxi Threat: Lenders And Medallion Loan Defaults
January 02, 2018

Driving a traditional taxi cab is not an inexpensive proposition because the medallions necessary to do the driving are not cheap. And, as Uber and Lyft have eaten up more and more of the market, drivers are defaulting on their debts. Get the Full Story...

Security & Fraud
Nigerian Prince Scammer Isn’t Nigerian Or A Prince
January 02, 2018

The only thing worse than being scammed by Nigerian royalty is being scammed by someone merely pretending to be Nigerian royalty.  Particularly if one’s Nigerian prince is, in fact, a 67-year-old resident of Slidell, Louisiana. Get the Full Story Complete the form to unlock this...