News

Artificial Intelligence
BofA Turns To AI For New Payment Reconciliation Tool
August 23, 2017

Bank of America Merrill Lynch announced news on Tuesday (Aug. 22) of Intelligent Receivables, a new service that relies on artificial intelligence (AI) and other software to improve companies straight through reconciliation of incoming payments. Get the Full Story Complete the form to unlock this article...

Ridesharing
Uber Driver Tips To Hit $50 Million
August 23, 2017

Ridesharing mobile app platform Uber rolled out the ability to tip drivers through its app back in June and has already seen positive results from the effort. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Bitcoin
Mark Cuban Bitcoin Skeptic No More
August 23, 2017

Mark Cuban, the billionaire investor who a few weeks back said bitcoin was in a bubble, is getting used to the new world of cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Wells Fargo CEO Shares Update On Remediation Process After Account Scandal
August 23, 2017

Wells Fargo CEO Tim Sloan sent a companywide message to address team member questions regarding the ongoing remediation process and warn employees to brace for more negative attention as the review process comes to an end. Get the Full Story Complete the form to unlock...

Payment Methods
Walmart Credit Card Installment Loans May Soon Be Available
August 23, 2017

Walmart could soon provide its customers with a new payment option, thanks to a potential deal between the retailer and finance company Affirm, Inc. Sources familiar with the situation told The Wall Street Journal that executives from Affirm are speaking with the Walmart team about the possibility...

Payments Innovation
Payments Innovation: Beyond The ‘Wow’
August 23, 2017

What would you say if someone asked you to name the most important innovation in payments over the last five years? We did, and we posed that question to Marqeta CTO Tony Ford. What he said might surprise you. But what it may lack in...

Wearables
Igniting Smartwatches One Student At A Time
August 23, 2017

Despite Tim Cook’s most enthusiastic comments that the Apple Watch is doing “great,” the figures on the ground in the U.S. indicate pretty strongly that when it comes to wearables, the mainstream American consumer is doing more shrugging than cheering. A report from eMarketer earlier...

Security & Fraud
For Authentication’s Next Act: Tapping Into Your Digital Fingerprint
August 23, 2017

Thanks to fingerprint-scanning smartphones, consumers have grown accustomed to using physical biometrics to authenticate their identity. But, in the hot-off-the-presses PYMNTS Digital Identity Tracker™, powered by Socure, Paul Miller, CEO of security technology company mSIGNIA, says that there’s a way to take data from those...

Payment Methods
USA Technologies Logs Record Revenue In Latest Quarterly Results
August 22, 2017

USA Technologies (USAT), which provides payment technology for cashless and mobile transactions in the self-serve retail market, has reported quarterly revenue of $34.3 million during the firm’s fourth quarter and $104.1 million for the fiscal year ending on June 30, 2017. This marks the company’s 31st straight quarter...