They say robots could replace as many as 38 percent of retail workers in the next 10 years, starting with cashiers. Not so for Walmart employees. The company is about to dump millions into tech upgrades, but the real investment it’s making is in human...
LG Electronics announced late last week that it has officially rolled out its mobile payment service in South Korea. 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...
Brave, a cryptocurrency startup, launched a so-called coin offering last week to bankroll a new web browser and was able to raise the equivalent of $35 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Google announced late last week that Android Pay is now in 10 markets with more coming soon. In a blog post, the company said that in addition to partnerships with Visa and Mastercard, it’s gearing up to improve the mobile checkout for PayPal users. Get...
The bitcoin exchange Coinbase, according to The Wall Street Journal, is in the midst of talking to investors about a potential funding round that would value the exchange at around $1 billion. The WSJ stated that its sources remained unnamed people “familiar with the matter.” Get the...
In the wake of security breaches and malware that grabbed headlines on a global scope, a new threat has emerged in recent days. As reported by Fortune Magazine, Check Point, the cybersecurity firm, stated that it had found malware that has been “staggering” in its...
We’ve all heard the phrase “don’t reinvent the wheel” — a metaphor for not wasting time perfecting a perfectly good idea that’s stood the test of time, and for which improvements would add no material value. Wheels, to take the metaphor in its most literal sense,...
Hyperwallet, a leading global payouts provider to millions of independent workers, revealed today enhancements to its popular loyalty program, an integrated feature designed to improve payee engagement and offered to Hyperwallet clients free of charge. Get the Full Story Complete the form to unlock this...
Greenlight, the startup that provides a debit card for children in which funds can be reloaded from a mobile app and places restrictions on the merchants at which children can make purchases, has raised $7.5 million in funding. Get the Full Story Complete the form...