News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

NY Regulator Looks To Interest Rate Caps For FIs And FinTech Firms
NY Regulator Looks To Interest Rate Caps For FIs And FinTech Firms
July 17, 2018  |  B2B Payments

A speed bump may loom in NY, where the state regulatory is drawing a bead on traditional FI/FinTech linkups, with interest rates on lending (including...

READ MORE >
Salesforce Buys Israeli AI Marketing Platform
Salesforce Buys Israeli AI Marketing Platform
July 17, 2018  |  Partnerships / Acquisitions

Salesforce announced that it has signed a definitive agreement to acquire Datorama, a cloud-based, AI-powered marketing intelligence and analytics platform. Get the Full Story Complete...

READ MORE >
Barclays Eyes US Expansion
Barclays Eyes US Expansion
July 17, 2018  |  Banking

U.K. bank Barclays is considering whether it should expand further into the U.S. According to The Wall Street Journal, Barclays is considering the move due...

READ MORE >
Netflix Q2 Membership Growth Falls About 1 Million Short Of Forecast
Netflix Q2 Membership Growth Falls About 1 Million Short Of Forecast
July 17, 2018  |  Earnings

Netflix added 5.2 million subscribers in the second quarter of 2018, about 1 million below its 6.2 million forecast, a shortfall that spooked investors Monday...

READ MORE >
UK Cash Usage Falls, ATM Fee Cuts Partially Canceled
UK Cash Usage Falls, ATM Fee Cuts Partially Canceled
July 17, 2018  |  Banking

ATM network operator LINK has partially canceled its plans to cut the fees that banks pay to British cash machines operators. Finextra reported that, earlier this...

READ MORE >
NFC-Enabled POS Terminals Numbered Nearly 25M Worldwide In 2017
NFC-Enabled POS Terminals Numbered Nearly 25M Worldwide In 2017
July 17, 2018  |  Point of Sale

A new report has found that the global installed base of point-of-sale (POS) terminals grew to almost 109 million units in 2017. Get the Full...

READ MORE >
Revolut Flagged Money Laundering Evidence A Few Months Back
Revolut Flagged Money Laundering Evidence A Few Months Back
July 17, 2018  |  Security & Fraud

Revolut, the U.K. digital bank, identified evidence of money laundering on its digital payment system, which prompted it to alert authorities including the National Crime...

READ MORE >
IBM Wants $167M From Groupon In Patent Infringement Case
IBM Wants $167M From Groupon In Patent Infringement Case
July 17, 2018  |  Legal

International Business Machines is seeking $167 million from Groupon, contending in a lawsuit that the daily deal website operator used IBM’s patented technology without its...

READ MORE >
Alibaba Food Delivery Service Seeks $2B For Expansion
Alibaba Food Delivery Service Seeks $2B For Expansion
July 17, 2018  |  Investments

Ele.me, the food delivery platform acquired by Alibaba Group, is looking for $2 billion in new financing to help it take on rival Meituan Dianping....

READ MORE >