Here’s a payment card reward points bonanza. A guy in China buys a ceramic cup and he is rewarded with 422 million American Express points, which is enough for 28 million frequent flyer miles or an $180,000 shopping voucher, Bloomberg reported. To be fair, it...
In the U.S., Costco is one of those extremely rare retailers who accepts American Express and does not accept either Visa or MasterCard. That exclusive club just got more exclusive, as Costco Canada abruptly severed its relationship with Amex. Get the Full Story Complete the...
Securities fraud charges may be leveled at Western Union if an SEC investigation confirms reports that the world’s largest money-transfer company misled potential investors about how much revenue it expected from its digital unit. Get the Full Story Complete the form to unlock this article...
Samsung and Alipay are partnering on payment biometric authentication, rolling out what the pair calls the first Fast Identification Online (FIDO) ready system in the Far East. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Alibaba could raise $21.8 million after its huge IPO launched Thursday (Sept. 18) at $68/share. 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,...
Uber must consider to face a lawsuit accusing of forcing customers to pay 20 percent tips for drivers, but then pocketing most of it, after a U.S. federal judge refused to dismiss the civil lawsuit. Get the Full Story Complete the form to unlock this...
In an $8.3 billion deal, SAP is taking over Concur Technologies to strengthen it’s cloud position. The deal is reportedly the largest in SAP’s history, the Wall Street Journal reported, overtaking SAP’s 2010 $7.1 billion acquisition of Sybase. Get the Full Story Complete the form...
Home Depot’s data breach officially stole data from more than 56 million payment cards during a five-month assault. Based on the latest data released from both Home Depot and Target, that number has the Home Depot breach impacting 40 percent more cards than the 40...
Amex is pushing a two-day event looking at creative ways e-tailers have successfully entered physical retail 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...
