News

Investments
MasterCard 4Q Revenue Down, Cross Border Volumes Up 13%
January 31, 2017

Shares of global payments processor Mastercard were down roughly 2.8 percent in midday trading on Tuesday (Jan. 31), as the company beat earnings estimated in the December 2016 quarter but missed on the top line. Get the Full Story Complete the form to unlock this...

International
Keep Knocking, Facebook: China Might Let You In
January 31, 2017

By many standards, Facebook is the undisputed king of social media with its 1.8 billion active users, according to The Wall Street Journal. In an attempt to continue its momentum, the social media giant has faced an uphill battle against one of the largest countries in...

Retail
Starbucks To Roll Out AI Barista
January 31, 2017

Need a Frappucino? Now, there’s artificial intelligence (AI) for that. 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 Today. By completing this...

Retail
Grocery Tracker: $100B By 2025
January 31, 2017

All four grocery stocks tracked find themselves down from last week’s 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 our daily newsletter, PYMNTS Today. By...

Partnerships / Acquisitions
Walgreens Lowers Its Offer To Buy Rite Aid By $2 Billion
January 31, 2017

Walgreens Boots Alliance announced on Monday (Jan. 30) that it has decided to lower its offer to buy Rite Aid by $2 billion, as well as extend the deadline to complete the deal by six months. As a result, Rite Aid’s stock dropped 16 percent. Get the Full...

Retail
Ulta Wins The Beauty Contest Of 2016
January 31, 2017

With its infatuation with Instagram, Facebook and Snapchat, it’s safe to say that today’s generation is as concerned with appearances as were previous generations — if not more. The unexpected beauty queen reigning supreme is none other than cosmetic superstore Ulta, where anyone can walk in...

B2B Payments
Corporate Travel, Online With Ease And Savings
January 31, 2017

Corporate travel remains one of the biggest expenses on the books. TripActions, fresh from a funding round, is looking to help companies bring bookings online, with incentives to help employees help firms save money.

Retail
Robo-Baristas Serving Up Coffee At San Francisco Cafe
January 31, 2017

Like a scene right out of “The Jetsons,” patrons at Cafe X, a new coffee shop in San Francisco, can have their cup of joe served up to them by a robot. Yes, an actual robot. Get the Full Story Complete the form to unlock...

Payment Methods
In The Americas, Mastercard’s Growth Outpaces All Others
January 31, 2017

The number of Mastercard cards increased 6 percent in the Americas in 2015, which compares to a 4 percent increase for Visa, but Visa still holds the spot as the largest card scheme in the region, reported RBR. Get the Full Story Complete the form...