News

eBay Finds Time For Apple Watch
June 10, 2015

As eBay’s projected sales for 2016 go down, the marketplace giant announced yesterday (June 9) the launch of its new app for the Apple Watch. The eBay app is intended to help buyers stay on top of all the auctions they are interested in and...

PYMNTS Innovation Investment Tracker – First Week of June
June 10, 2015

Airbnb For One-Percenters? Lifestyles of the rich and famous – now a mouse click away. 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,...

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Sprig Food Delivery App Takes Chicago For A Spin
June 10, 2015

Healthy meal delivery service Sprig expanded its coverage to Chicago yesterday (June 9). The California-based startup, which has delivered more than 500,000 meals since launching in 2013, will bring its dynamic pricing structure and Uber-like distribution to Chicagoans looking for a convenient but healthy meal...

News
HSBC’s Global Overhaul Cuts 50,000 Jobs
June 10, 2015

HSBC joins the list of banks going through major global overhauls, which will lead to the bank cutting 50,000 jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

POS Systems Remain Favorite Targets Of Cybercrime, At Least In US
June 10, 2015

The U.S. may be moving (slowly but eventually) toward EMV and chip-driven payment cards, but point of sale (POS) systems dominate the landscape for data breaches, while accounting for only a “tiny minority” of fraudulent activity outside the country, PC World reported Tuesday (June 9)...

Merchant Innovation
PayPal’s One Touch for Web Expands to Canada and UK
June 10, 2015

Less than two months after its rollout, One Touch for Web is expanding to merchants and consumers internationally, starting with Canada and the U.K. The next countries to experience One Touch are not known yet, but the rollout will continue over the summer. This is great...

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Hackers Take A Bite Out Of Eataly’s Payment Data
June 10, 2015

The payment information of patrons who frequented Eataly’s New York City retail location earlier this year may have been compromised by a data breach, the upscale Italian food market company announced late last week. Get the Full Story Complete the form to unlock this article...

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Justice Department May Hit General Motors With Wire-Fraud Charges
June 10, 2015

The U.S. Department of Justice may pursue criminal charges for wire fraud against General Motors, accusing the company of promoting deceptive or false information regarding its failure to recall millions of vehicles equipped with faulty ignition switches, sources close to the matter told The Wall Street...

Merchant Innovation
Laundry Service Rinse Raises $3.5 Million
June 10, 2015

The dry cleaning business as we know it is changing. We have seen the rise of Cleanly, FlyCleaners and Washio, which all have similar business models: streamlining laundry delivery using a smartphone app. Get the Full Story Complete the form to unlock this article and enjoy...