Just five years after expanding its ride-hailing business in Europe, Uber faced Europe’s highest court on Tuesday (Nov. 29) to defend its service against strict EU rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As the holiday shopping continues, consumers are feeling confident. In fact, the Consumer Confidence Index, which measures optimism of the U.S. economy, increased to 107.1 in November, from 100.8 in October — a nine-year high. Get the Full Story Complete the form to unlock this article...
U.K. online grocery store Ocado has been at the vanguard of online retail since its founding in the spring 2000. Ocado has no stores, nor has it ever. It operates solely on a warehouse model. Get the Full Story Complete the form to unlock this...
Black Friday results are in, and the overall winner was, of course, shopping in general, as consumers consumed. But expectations surpassed the reality of mobile phones, where Samsung Pay and Android Pay barely registered on the payments radar. Get the Full Story Complete the form...
Close to 50 percent of cross-border digital buyers age 18 and over have made purchases of clothing, apparel, footwear and accessories from cross-border eCommerce sites during 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
San Francisco’s Muni public transit system was reportedly hit by a ransomware attack over the weekend that took the light rail transit offline on Saturday (Nov. 26), right in the middle of the busy Thanksgiving holiday shopping weekend. Get the Full Story Complete the form...
The drumbeat against Wells Fargo got a bit louder on Capitol Hill, as Sen. Elizabeth Warren (D-MA) slammed the bank on Monday (Nov. 28), citing Wells’ attempts to have customers go through arbitration rather than pursue remedy in court. Get the Full Story Complete the form...
RCBC, the Philippine lender, and a Bangladesh minister are fighting over who is to blame for tens of millions of dollars that were stolen from a New York bank and then disappeared in Manila, with RCBC balking at compensating Bangladesh Bank. Get the Full Story...
Adobe Digital Insights has released its latest holiday shopping data. As predicted, this year’s Cyber Monday was one for the record books. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...