News

Investments
Payments Stocks Roar Ahead in Strong Week
December 12, 2016

Stocks across the payments realm roared ahead this past week, with several names reporting double-digit percentage gains. Not a bad showing, though the gains could be said to come less from sanguine news on a company-by-company basis and more likely stemming from a continuing stock...

International
China’s Millennials Willing To Take On Debt
December 12, 2016

Broader cultural shifts in attitudes toward spending in China could very well be playing a major role in China’s growing debt problem. Recent estimates of total debt in China are as high as 280 percent of the GDP. Get the Full Story Complete the form...

Retail
Coupons, Sales Drive Holidays Shoppers In Store
December 12, 2016

When it comes to getting holiday shoppers in the door, coupons and sales remain the most successful tool merchants are using. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Consumer Habits Tracked By JD.com, Alibaba
December 12, 2016

How consumers shop is a mystery companies across the globe seek to uncover. In China, however, the two big ones — JD.com and Alibaba — have found ways to gain focused insight into shoppers’ spending habits, which in turn help retailers make eCommerce decisions. Get...

Retail
Michigan Passes Self-Driving Regulations
December 12, 2016

On Friday of last week (Dec. 9), Michigan became the first state in the union to pass statewide, comprehensive self-driving vehicle regulations that allow autonomous vehicles to drive … well, autonomously. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
TD Bank App Curbs Consumer Spending
December 12, 2016

TD Bank wants to help its customers spend a little less money — and has thus launched a transaction tracking app that uses the time-tested “green means go, red means stop” method of cueing human habits that traffic lights have perfected.  The new system alerts consumes...

Payment Methods
YapStone Appoints Michael Gramz Chief Risk Officer
December 12, 2016

YapStone, a provider of online and mobile payment solutions, announced Friday (Dec. 9) the appointment of new Chief Risk Officer Michael Gramz. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Inflation-Wracked Venezuela Pulling Largest Bills Out of Circulation
December 12, 2016

Facing some of the highest inflation in the world as part of a deepening ongoing financial crisis, Venezuela will be pulling its largest bill from circulation this week as it prepares to introduce new, higher value notes, according to President Nicolás Maduro.  The current value of...

Ridesharing
Silvercar Fights Back Against Ridesharing
December 12, 2016

The choice is getting simpler by the day for many travelers — deal with the arduous, often unpredictable and hidden fee-ridden rental car process or push a few buttons for an Uber or Lyft ride. Get the Full Story Complete the form to unlock this...