News

Retail
Kroger Takes Steps To Counter Amazon’s Grocery Strategy
September 05, 2017

In a series of corporate maneuvers designed to counter Amazon’s much-heralded move into the grocery arena, Kroger, the country’s biggest grocery chain, is looking to cut prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Mobile Payments
Square Debuts U.K. Pop-Up Store To Help High Street Merchants Boost Sales
September 05, 2017

Square has opened its first pop-up store in the U.K., following the company’s first store opening in New York City last month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Daimler Looks To Bring Ride-Hailing Services To Europe
September 05, 2017

Reuters reports that Daimler is investing as much as 50 million euros in a joint venture with Via, a ride-hailing startup based in the United States.  The joint venture will look to offer on-demand shuttle services in select European cities this year. Get the Full...

International
China Bans ICOs, Citing Scams And Investor Risks
September 05, 2017

In what might be a major regulatory shot across the initial coin offering (ICO) bow, China has put in place an immediate ban on funding of those offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
Could AI Cause The Next World War? Elon Musk Thinks So
September 05, 2017

Days after Russian President Vladimir Putin said that the first global leader in artificial intelligence (AI) would “become the ruler of the world,” Elon Musk warned that AI could be the cause of World War III. Get the Full Story Complete the form to unlock...

Security & Fraud
Bangladesh Central Bank Continues Heist Recovery Efforts In Philippines
September 05, 2017

In continued efforts tied to an investigation of $81 million stolen from Bangladesh’s central bank, the entity is sending officials to the Philippines to try to recover additional funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payments Innovation
 Bitcoin Slides On China ICO Ban
September 05, 2017

Bitcoin prices were hit by a significant downdraft in the wake of news Monday that Chinese regulators have put in place a ban on initial coin offerings, known as ICOs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
The Myth Of The Global Marketplace
September 05, 2017

Don’t forget the seller. That’s among the takeaways of this “appetizer” conversation between PYMNTS’ Karen Webster and Hyperwallet’s SVP of Digital Markets, Michael Ting. The main event? A webinar mid-month that will delve into the myths and realities of global commerce.

Payment Methods
GasBuddy: Making Friends On Both Sides Of The Gas Pump
September 05, 2017

In the aftermath of Hurricane Harvey, huge swaths of Texas ran out of fuel. Customers were sitting in milelong lines at a dwindling number of gas stations that still had fuel. Houston, Dallas, Austin and San Antonio authorities directed people to the mobile app GasBuddy,...