News

Ridesharing
Uber Riders In NYC To Know Upfront How Much The Ride Costs
October 10, 2016

Uber riders will no longer have to worry about the cost of a fare, now that the popular ridesharing service has rolled out upfront fares in New York City. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross Border Commerce
Halloween’s Super Spooktacular X-Border Boom
October 10, 2016

U.S.A. … U.S.A. … The results are in, and the U.S. is on top. In the Q3 2016 X-Border Payments Optimization Index™, American merchants received a score of 67.5 points, indicating they are the world’s best at appealing to international audiences. Find out what nations...

Payment Methods
Ominto Sells 1 Million Shares For Gross Proceeds Of $4 Million
October 10, 2016

Ominto, a player in online cash back shopping, announced on Friday (Oct. 7) that, as of Oct. 5, it had received approximately $4 million in gross proceeds through the sale of approximately 1 million shares of common stock at $4.00 per share in its private placement...

News
The Upside Of Hurricommerce
October 08, 2016

As this article is being written, Hurricane Matthew is wreaking havoc along the Florida coastline. 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....

News
Flash Crash Pounds British Pound
October 07, 2016

The British pound suffered at the hands of a flash crash Friday, the likes of which have not been seen since the famous flash crash that occurred years ago and roiled U.S. equity markets. Get the Full Story Complete the form to unlock this article...

News
Job Growth Undershoots Expectations, But Enough for Rate Hikes?
October 07, 2016

The United States economy logged some job growth in September, with wages also on the upswing.  The latest statistic released Friday by the Labor Department showed a net gain of 156,000 jobs for the month. Get the Full Story Complete the form to unlock this...

International
How Manchester Became A Top FinTech Relocation Destination
October 07, 2016

It appears Manchester may be giving London a run for its money as the next great FinTech sector in the U.K. In recent years, Manchester has been a go-to location for people looking to leave London — and it’s not just because of the city’s...

Partnerships / Acquisitions
Yahoo Hack Giving Verizon Cold Feet
October 07, 2016

Yahoo’s impending sale to Verizon is in question after Yahoo delayed disclosure of a 2014 hack. Also not helping Yahoo’s cause are reports that it has been ordered to scan emails for terrorist signatures. AOL CEO, Tim Armstrong, is asking for a $1 billion discount.

Retail
Grocery Stores Decimated In Preparation For Hurricane Matthew
October 07, 2016

While most people think “milk, bread and eggs” when stocking up for a disaster, the run-up to Hurricane Matthew in South Florida has been marked by people stocking up on the three Bs: batteries, bottled water and booze. Get the Full Story Complete the form...