Its newfound investment dollars—which have given the company a $41 billion valuation—are financing a massive international lobbying operation, catching state and municipal leaders offguard, according to an extensive Washington Post probe of Uber’s lobbying efforts. Get the Full Story Complete the form to unlock this...
A software glitch on Friday night (Dec. 12) in the U.K. caused “thousands of items” sold by third-party vendors on Amazon to be prices at one penny—and holidays shopped grabbed the bargains. This caused huge problems for many smaller merchants who are paying the ultimate...
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...
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...
‘Tis the season for holiday discounts, a bit of showrooming, bumper-to-bumper shopping mall traffic – and for those of us feeling particularly generous, holiday charitable donations. But according to a recent survey, for every $100 in donations a charity receives, it loses $96 to donor...
Apple started accepting PayPal in its online retail store in both the U.S. and the U.K. on Thursday (Dec. 11). Although the two companies have been exchanging words of not-niceness regarding its rivalry with mobile in-store payment (ApplePay versus in-store PayPal), its online relationship has...
PYMNTS.com Bitcoin Price and Volatility index. 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...