Federal prosecutors have filed charges against a second former executive of college financial-planning startup Frank. They have indicted Olivier Amar, former chief growth officer of Frank, in connection with fraud related to JPMorgan Chase & Co.’s $175 million acquisition of the company, Bloomberg reported Wednesday...
Consumers overall may be increasing their digital engagement with grocers, but Gen Z is bucking the trend, pulling back. By the Numbers Additional research from the survey of nearly 2,500 U.S. consumers behind PYMNTS’ study last month, the “ConnectedEconomy™ Monthly Report: The Urban-Rural Health Divide...
Ryder System has introduced a service that offers businesses and fleet owners access to retail mobile maintenance with no long-term contracts. With the new service, Torque by Ryder, customers can schedule, receive, track and pay for services via their desktop or mobile device and have the services...
Car IQ Inc. and Visa Inc. have teamed up for in-car transactions with merchants. The collaboration will bring Car IQ’s wallet, Car IQ Pay, along with their powerful technology into Visa’s global influencing network to enable vehicles to manage their own payment accounts and transact...
SoftBank may be heading stateside to list its PayPay payments business following news that it is considering a U.S. listing. The potential listing is driven by New York’s greater potential of higher valuations for tech companies in comparison to Tokyo, but the timing of such a move is not known,...
Artificial intelligence (AI) doomerism is having a moment. It’s less “I Robot,” and more “humanity is going extinct.” If the industry’s negative hype men are to be believed, there’s a non-zero chance that misuse of AI could lead to the end of humanity in just a handful...
The United Kingdom’s Supreme Court has reportedly ruled that customers are liable for fraud through their accounts when the bank carried out instructions expressly authorized by the customer. The court ruled that Barclays Plc, the bank responsible for the payment in this case, was in fact...
Kim Kardashian is reportedly looking to buy back the 20% of her beauty business she sold to Coty. The talks are ongoing, a sale price hasn’t been reached and there’s no certainty that a deal will be made, The Wall Street Journal (WSJ) reported Tuesday...
With aggregators having become a key part of how consumers discover and access restaurants, Domino’s — a brand that had been conspicuously and deliberately absent from these third-party marketplaces — has finally caved. The quick-service restaurant (QSR) giant, which spans more than 20,000 locations around...
