News

B2B Payments
Supply Chain Finance, With An Eye On Size
February 27, 2017

Invoice solutions firm Tungsten is linking up with supply chain finance outfit Orbian, with an eye on large corporates providing SCF to their own chains.  Prabhat Vira, president of Tungsten’s network finance division, explains how the lengthy list of suppliers on a given company’s chain...

Ridesharing
Weekend Riders Are Ditching The Subway For Uber
February 27, 2017

For most New Yorkers, the subway is an everyday part of life and their main form of transportation. While that holds true for the workweek, for the first time since 2009, annual weekend ridership declined by about 3 percent. Get the Full Story Complete the...

Retail
Walmart Brings The Pricing Pain (Watch Out Kroger)
February 27, 2017

Walmart is launching a new price-comparison test in about 1,200 of its U.S. retail locations as it moves to try and close the pricing gap with rival grocery peddlers (like Kroger) and discounters (like Aldi). The move is widely expected to put pressure on packaged...

Retail
Samsung’s Galaxy S8 Launches March 29
February 27, 2017

The newest iteration of Samsung’s Galaxy device, the Galaxy S8, is debuting on March 29, Reuters reported. The launch will come in the wake of the Galaxy Note 7 issues that led the firm to lose money and market share against Apple as the batteries...

Merchant Innovation
Wendy’s Adding Self-Service Kiosks To 1,000 Locations
February 27, 2017

The automation revolution is coming soon to a counter side near you — if you happen to enjoy eating at Wendy’s. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

News
Self-Driving Car Company Waymo Sues Autonomous Truck Startup Otto and Parent Uber
February 27, 2017

Waymo, the former self-driving vehicle unit of Google, is reportedly suing self-driving truck company Otto, which was co-founded by ex-Waymo worker Anthony Levandowski, over allegations Otto stole its proprietary design for a radar system. Get the Full Story Complete the form to unlock this article and...

Payment Methods
Samsung Malaysia Inks Bank Deals To Expand Samsung Pay
February 27, 2017

Samsung Malaysia Electronics announced Friday (Feb. 26) that it inked partnerships with several banking players as part of its move to expand Samsung Pay’s ecosystem in Malaysia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Acting SEC Chair: Startups Need More Access, Overhaul Of ‘Accredited’ Investor Standard Needed
February 27, 2017

The acting chairman of the Securities and Exchange Commission (SEC) has said that his agency should let more investors be designated as accredited so that they can take stakes in private firms, among them marquee names such as Lyft and Airbnb. Get the Full Story...

Security & Fraud
Benchmark Discloses Potential Hack Of Payment Processing System
February 27, 2017

Benchmark, the global hospitality company, warned Friday (Feb. 24) of a payment card incident that might have impacted its customers at the individually owned Santa Barbara Beach & Golf Resort, Doral Arrowwood, Eaglewood Resort & Spa, The Chattanoogan, Willows Lodge and Turtle Bay Resort properties. Get...