News

Investments
Trump Wins, Markets Slide
November 09, 2016

Investors do not like surprises — and as Tuesday night gave way into Wednesday morning, the world markets got a heck of surprise: Donald Trump pulled off the biggest electoral upset since “Dewey Defeats Truman” and won the presidency of the United States. Get the Full...

Payment Methods
Thanks To Wells Fargo Scandal, Companies Overhaul Pay
November 09, 2016

In the wake of the fake account scandal at Wells Fargo, companies are rethinking how they compensate salespeople, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Ridesharing
Ridesharing Startup Karhoo Shuts Down
November 09, 2016

Karhoo, the startup that was aiming to take on Uber in the ridesharing app market, has shut down after burning through its capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
WhatsApp Pauses Data Sharing With Facebook In UK, EU
November 09, 2016

This past summer, WhatsApp, the messaging service owned by Facebook, opted to share data on its users with Facebook, but that data sharing is now paused, at least in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
ZhongAn Creates ZhongAn Information And Technology Services Co.
November 09, 2016

ZhongAn Online Property & Casualty Insurance Co., the first online insurance company in China, announced last week it has created a technology company dubbed ZhongAn Information and Technology Services Co. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Tesco Bank Hack Could Happen To Other Small Banks
November 09, 2016

The theft of money from thousands of Tesco online banking accounts is prompting British cybersecurity experts investigating the crime to warn that other small banks may be at risk for a cyberattack. Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Walgreens Sues Theranos For $140 Million In Damages
November 09, 2016

Walgreens is suing former lab testing partner Theranos for $140 million in damages, the amount Walgreens initially invested in the health technology company, alleging breach of contract. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Indians Make A Run On Jewelry Stores As Two Currencies Disappear
November 09, 2016

Starting today (Nov. 9), high-denomination Indian notes will be withdrawn from India as the government moves to clamp down on corruption in the country, prompting a rush on jewelry stores in the country. Get the Full Story Complete the form to unlock this article and...

B2B Payments
The Scary Success Rate Of Corporate Cyberattacks
November 09, 2016

For some businesses, cybersecurity may be an abstract threat. Business owners may think “it won’t happen to me,” or they may be confident in their ability to remain unaffected by a cyberattack. Get the Full Story Complete the form to unlock this article and enjoy...