News

Retail
Jet.com Jumps Into Private Label Grocery
September 29, 2017

Jet.com, Walmart’s eCommerce site, will soon launch its first private-label brand, poised to introduce more than 60 food and household items in the coming months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Ridesharing
Uber Starts Charging Business Customers
September 29, 2017

In Uber news released Thursday (Sept. 28), the ridesharing company will no longer provide a free version of its Uber for Business app for business customers. This will result in corporations paying more for the company’s ride hailing services. Get the Full Story Complete the...

Security & Fraud
Central Banks Warn About Inter-bank Payment Security Risks
September 29, 2017

Central banks have expressed concern over the security of payments and the messaging systems that help facilitate inter-bank transactions, a Reuters news report said Thursday, Sept. 28. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Whole Foods Investigates Card Breach
September 29, 2017

Whole Foods Market is the latest company that has suffered a security breach, with the national supermarket chain revealing that its customers’ payment card information has been illegally accessed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Whole Foods CEO: Amazon Saved Them From Being “Whole Paycheck”
September 29, 2017

According to reports from CNBC, John Mackey, Whole Foods CEO, has credited Amazon’s acquisition for the end of his company’s “whole paycheck” nickname. Despite company efforts, the high-end grocer had been unable to shake the allusion to its higher prices. Get the Full Story Complete...

Security & Fraud
Hackers Prey On Consumer Worry Over Equifax Breach
September 29, 2017

Equifax’s data breach, which may have impacted 143 million U.S. consumers, has resulted in digital thieves sending hundreds of thousands of phishing emails pretending to be a bank or financial institution. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
More Than 50 Percent Of US Businesses Victims Of Cyberattacks In 2017
September 29, 2017

A little more than 50 percent of U.S. businesses have experienced a cyberattack during the last year, with 72 percent spending more than $50,000 to deal with the aftermath. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
Square Takes $25M Stake In Eventbrite
September 29, 2017

Square, the payment processing company, has partnered with Eventbrite, the event ticketing service, and will make an investment in the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Equifax Is Making Progress — According to New York’s AG Office
September 29, 2017

According to New York Attorney General Eric Schneiderman’s office, Equifax is fully cooperating with regulators as it is attempting to address the issues that led to it becoming one of the largest and worst data breaches in U.S. history. Get the Full Story Complete the form...