News

Retail
ShipRush Shipping Tech Company Acquired For $14 Million
May 26, 2017

Descartes Systems Group paid the big bucks for ShipRush so users don’t have to. 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...

Regulation
GOP Just Says No To Debit-Card Fee Hike
May 26, 2017

Retailers — led by Walmart — seem to have beaten back an attempt to raise swipe fees, according to Congressional aides speaking to Bloomberg.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
FTC: Strategic Student Solutions Defrauded Student Debt Holders
May 26, 2017

The Federal Trade Commission announced Thursday (May 25) it charged the operators of a phony student loan debt relief and credit repair scheme with stealing millions of dollars from consumers by falsely promising to reduce or eliminate their student loan debt and offering them non-existent...

Fintech Investments
Japan’s Mizuho Launching FinTech Venture
May 26, 2017

Mizuho Financial Group, the Japanese financial company, is gearing up to launch a venture in June to create new businesses with FinTech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Bitcoin
Players Unite To Speed Up Bitcoin
May 26, 2017

An agreement to upgrade the speed of processing transactions propelled bitcoin to new heights on Thursday (May 25). The value of the cryptocurrency soared another 10 percent to land at $2,690, bringing this year’s total gains to 182 percent. Get the Full Story Complete the...

Mobile Commerce
Messaging App Kik Rolls Out Ethereum-Based Cryptocurrency
May 26, 2017

Kik, the messaging app, is creating its own cryptocurrency in an effort to boost user numbers and get brands to engage more with the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

News
NRF Applauds House Republican Leaders Move To Give Up On Repealing Card Swipe Fee Reforms
May 26, 2017

The National Retail Federation applauded House Republican leaders plan to abandon an effort to overturn debit card swipe fee reform, which the trade group says saved retailers and consumers more than $40 billion. Get the Full Story Complete the form to unlock this article and...

Ridesharing
Lyft Goes Black Car
May 26, 2017

Lyft is introducing luxury black cars in five major cities this week in an attempt to compete for Uber’s high-end clientele. 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...

Payment Methods
Worldpay Launches VR Payments Prototype
May 26, 2017

Worldpay, the payment processing company, is testing the use of virtual reality to enable card transactions for customers who are in a computer-generated environment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...