News

Ridesharing
Uber Shutters Car-Leasing Program
September 28, 2017

Uber has confirmed it is shutting down its U.S. auto-leasing business known as Xchange Leasing, which will affect about 500 jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
Morgan Stanley CEO Says Bitcoin Could Have Legs
September 28, 2017

When it comes to Bitcoin and other digital currencies, Morgan Stanley chief executive officer James Gorman sees potential, something with which his counterpart at JPMorgan does not agree. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Ridesharing
Ford Joins Teams With Lyft On Autonomous Driving
September 28, 2017

Lyft announced this week that Ford has become the ride-sharing company’s latest autonomous car partner. 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,...

Security & Fraud
Ransomware Tops List Of Hacks This Year
September 28, 2017

Ransomware topped almost all other types of cybercrimes on the internet so far this year, with attacks like WannaCry impacting scores of computers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Walmart Uses Jet.com To Power Same-Day Delivery In NYC
September 28, 2017

Aiming to get a leg up on the competition – namely Amazon – Walmart is rolling out free same-day delivery for shoppers residing in the New York City area, according to a Bloomberg news report. Get the Full Story Complete the form to unlock this...

CFPB
CFPB Moves In — Literally — With Credit Reporting Agencies
September 28, 2017

Hearing the news “the CFPB is coming” as a credit agency or financial services professional is something akin to hearing the news “winter is coming” as a Game of Thrones character — it means nothing good is about to happen to you, and more likely...

Security & Fraud
Equifax Officially Apologizes — And Promises To Make Amends
September 28, 2017

Never underestimate the power of saying you’re sorry. 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...

Cross Border Commerce
Marketplace Mythbuster: When Global Isn’t Always Global
September 28, 2017

A marketplace, according to Karen Webster, is like a dance. With complex choreography, it requires precise steps and a balance of buyers and sellers — after all, it takes two to tango — to keep things moving as smoothly and easily as some of the bigger players, such...

Security & Fraud
Synthetic Identities, Tailor-Made For Fraud
September 28, 2017

Familiarity doesn’t breed contempt in payments security; it builds breaches — the kind that linger and cost billions of dollars in losses tied to fraud. The synthetic ID may be fraudsters’ weapon of choice these days, but technology can help turn the tide, according to GIACT Systems’ Executive Vice President of Product David Barnhardt. In...