Electronic check processor MyEcheck has sued four financial securities companies for having 1.44 billion shares of MyEcheck’s stock fraudulently issued, the company announced last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Grocery giant Safeway secretly charged online-grocery customers prices that were more than 10 percent higher than its website advertised and will have to refund the money to consumers, a federal judge ruled on Wednesday (Dec. 10). Get the Full Story Complete the form to unlock...
Even for identity theft victims who have paid for credit monitoring, recovering from such an attack can take months of non-reimbursed efforts to repair credit history, reported the Associated Press. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
American Express CEO Kenneth Chenault is not so certain that Bitcoin is going to play a dominant payment role any time soon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Uber Technologies is selling a minority stake to Baidu, which owns China’s largest search engine, in a cash and non-cash asset deal that “may be worth as much as $600 million,” according to a China National Radio report as noted by Bloomberg. Get the Full...
Priceline.com has integrated Apple Pay into its IOS app, allowing payment via Touch ID, saying that mobile users are much more likely to use it than Priceline’s desktop customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Amazon has launched a Surprise! for the holiday season, TechCrunch reported. 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...
The Lending Club set its IPO Thursday (Dec. 11) at $1.5 billion higher than it said it would on Dec. 1 — valuing the company at $5.4 billion and pricing its shares at $15, instead of a $4 billion valuation and shares between $10-12. Get the...
Nordstrom announced it is testing eBay’s smart fitting room technology so it can bring the digital shopping experience into its stores. This is the same 24-hour shoppable window technology that Kate Spade used in 2013. Get the Full Story Complete the form to unlock this article...