Alibaba is testing product deliveries by drone this week — but not in a format that would be practical as a regular delivery service, according to Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
MasterCard has opened its largest Tech Hub outside of the U.S. in Pune, India, and plans to roll out its mobile payments system in April, the card brand said on Wednesday (Feb. 4). Get the Full Story Complete the form to unlock this article and...
A subprime credit card issuer will refund $2.7 million to customers and pay a $250,000 fine for charging customers illegal fees, the Consumer Financial Protection Bureau announced on Wednesday (Feb. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Western Union already has a foothold in China — the money transfer company’s services are available at 20,000 locations there — but it’s about to get a lot bigger. On Wednesday (Feb. 4) the company went live in a deal with the Bank of China...
When Yahoo spins off a holding company for its $40 billion investment in Alibaba, it will bundle in its Yahoo Small Business unit to keep the whole thing tax-free, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article...
“What should I make for dinner?” 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. By completing this form, you agree to...
Today, digital merchant acquiring bank Credorax will announce Joshua Floum as the new chairman of its Board of Directors. Today’s announcement follows one last fall in which it was reported that the startup nabbed $40M in funding to expand its cloud-based, cross border payments processing...
In an effort to respond to the increasingly urban, digitally connected population, Target has announced the opening of 15 stores this year in major American cities such as San Francisco, San Diego, Washington, D.C., and Chicago. Dubbed “TargetExpress,” these stores are only 20,000 square feet and...
Mobile shopping has come to be understood as a way for brick-and-mortar stores to increase traffic and sales inside the four walls of their establishment, but a survey from November 2014 released by Contact Solutions shows that the idea of the “showrooming” customer is superseded...
