News

Partnerships / Acquisitions
Baidu Buys Human Machine Interaction Tech Company KITT.AI For Undisclosed Sum
July 06, 2017

KITT.AI, the company that makes human machine interaction easy with natural language understanding technologies, has been sold to Baidu, the leading internet search company in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Amazon Invests $260 Million Into India-Based Ops
July 06, 2017

TechCrunch reports Amazon has invested an additional $260 million into its India-tied operations — formally known as Amazon Seller Services Pvt Ltd — just ahead of the holiday shopping season for the autumn Dussehra and Diwali festivals. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Bithumb Bitcoin Exchange Hacked; 30,000 Customers’ Data Compromised
July 06, 2017

In international cybersecurity news this week, Bithumb, the South Korean bitcoin exchange, has been hacked, with the bad guys compromising the data of 30,000 customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Loyalty & Rewards
Tesco Loyalty Card Goes Contactless
July 06, 2017

The same way that credit cards and debit cards significantly reduced the amount of physical cash consumers used, it appears that smartphone apps may be doing the same thing — but for loyalty cards. Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Vantiv For Worldpay Shows Lure Of Size And Reach In Payments
July 06, 2017

 Crossing borders and oceans in search of the rewards of eCommerce? More U.S. firms are likely to do so in search of payments scale and potential. The Vantiv deal for Worldpay is only the latest example.

Mobile Payments
NEW REPORT: How mPOS Can Help Steer Clear Of Beach Parking Burn
July 06, 2017

With a little mPOS magic, can finding a parking spot or running a restaurant be turned into just another day at the beach?  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
In Wake of Vantiv for Worldpay, Europe Beckons?
July 05, 2017

Falling sterling and growing digital payments make not-so-strange bedfellows. 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,...

Retail
Alibaba Is Taking On Alexa, Google Home, DingDong and Little Fish With New Smart Speaker
July 05, 2017

In its latest effort to keep up with its American big brother Amazon, China’s eCommerce giant Alibaba has announced the debut of its own smart home speaker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Direct To Consumer: Challenges Facing DTC Market
July 05, 2017

Over the last few years, in the midst of the retail revolution, merchants have begun moving toward a more direct retail approach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...