News

Investments
IPOs Get Push, But Not From Big Tech Outfits
May 08, 2017

Initial public offerings, or IPOs for short, may be making a comeback, but to call it a comeback necessitates IPOs viewed through a narrow lens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
UK’s Top Retailers Face Tough Online Competition From US-Based Sites
May 08, 2017

The UK’s top retailers are facing tough competition online from U.S.-based sites, with Apple and Google Shopping joining a list already led by American imports Amazon and eBay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Grocery Tracker: UberEATS In India
May 08, 2017

First up, here’s a look at which grocery stocks saw flowers in the first week of May trading. 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...

Investments
Slight Downside To Payments Stocks As Q1 2017 Earnings Reports Continue
May 08, 2017

For Q1 2017, movement was a bit to the downside amid continued earnings reports this past week, as has been seen in previous sessions. The biggest decline came from Cardtronics, as the firm’s stock lost nearly 15 percent. The ATM operator saw its first leg...

Security & Fraud
O2 Confirms Hack That Wiped Out Some German Customers Bank Accounts
May 08, 2017

02, the mobile phone seller, confirmed it was the target of hackers that exploited a weakness in a protocol used by telecom networks for two-factor verification. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
Spotify, Others Claim Apple, Google Anticompetitive
May 08, 2017

In a recent letter to the European Commission signed by online music streaming companies Spotify, Deezer and German internet company Rocket Internet, among others, organizations have reportedly accused tech giants of “[abusing] their privileged position” and anticompetitive behavior. Get the Full Story Complete the form...

CFPB
Banks Line Up To Challenge CFPB
May 08, 2017

Things are getting tougher for the Consumer Financial Protection Bureau (CFPB) under the new political administration. More banks are now willing to challenge CFPB enforcement actions, said The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
FBI Says There Was An Uptick In Cyber Wire Fraud In 2016
May 08, 2017

Cyber wire fraud via email had increased during the last seven months of last year, according to a new warning from the Federal Bureau of Investigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Intel Chips’ Hackability Problem Is Worse Than Initially Thought
May 08, 2017

Last week reports began to emerge that for the last seven years, Intel chips have contained an authentication bypass vulnerability that makes it relatively easy to remotely hijack entire fleets of computers without ever entering a password. Get the Full Story Complete the form to unlock...