News

News
New Penney’s Marketing Chief Hails from Lowe’s
May 24, 2017

On Tuesday, (May 23rd), J.C. Penney announced that Marci Grebstein is joining the company as executive vice president, chief marketing officer, next month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Delivery Hero Set For $4.5B Going Public Valuation
May 24, 2017

With people’s extremely busy lives and the tech industry’s push to satisfy consumer demand for instant gratification, it’s no wonder the food delivery market has proven to be successful. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
Raise Launches New Mobile Digital Gift Card App
May 24, 2017

Online gift card marketplace Raise is announcing the launch of their new mobile app for iOS and Android. Raise’s marketplace is home to 300 retail partners and 3,000 brands and serves approximately 2 million customers looking for discounted digital gift cards. Get the Full Story...

Loyalty & Rewards
UBS Throws Hat Into Luxe Credit Card Rewards Game
May 24, 2017

The luxury card war is about to heat up. As reported by Bloomberg News, UBS is looking to debut a premium card later in May in a boost to its U.S. business and in a move to gain favor with wealthier Americans. Get the Full...

Ridesharing
Uber Accounting Error Caused Underpayment To NYC Drivers
May 24, 2017

Uber accidentally underpaid drivers in New York City through more than the last two and a half years.  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...

Security & Fraud
Madoff Fund Has Paid Zero To Victims
May 24, 2017

The firm responsible for paying out $4 billion to victims of Bernard Madoff’s Ponzi scheme has been spending millions on related billings, including the retention of a Victim Fund administrator, over the past four years. Victims haven’t seen a dime. Get the Full Story Complete...

eCommerce
Silk Road Founder’s Sentence Sparks Surge In Dark Web Drug Deals
May 24, 2017

When Silk Road Founder Ross Ulbricht was sentenced to life in prison two years ago, it was designed to send a message to others aiming to set up an illegal drug marketplace on the dark web. But according to new research covered by Wired, making an example of...

Security & Fraud
Target Sets New Record: Data Breach Settlement
May 24, 2017

Target Corp. will pay $18.5 million to settle claims related to the massive data breach that compromised 40 million customers’ credit and debit cards in 2013. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
TransferWise Launches Borderless Account
May 24, 2017

TransferWise, a London FinTech startup, is making a push beyond international money transfers by rolling out a new foreign exchange account. 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...