What's Hot | PYMNTS.com

Credit Union Pitches Fed On Pot Payments Solution

Denver-based, state-chartered Fourth Corner Credit Union has asked the Federal Reserve Bank of Kansas City for a master account to help social...

517

Walmart CEO Says More Acquisitions To Come

After making a handful of recent acquisitions, Walmart is hungry for more, with its CEO of U.S. eCommerce revealing that the company...

851

Bitcoin

Russia Considers CryptoRuble

Russia is making a big move in the digital currency market, announcing that it will soon be offering its own cryptocurrency. According...

562

ATM Malware Now For Sale On Darknet

Malware designed to compromise and empty ATMs has been discovered for sale on the darknet, according to news from Securelist, the online headquarters...

485

Feedzai Lands $50M To Expand AI Fraud Prevention Business

Feedzai, an artificial intelligence (AI)-based fraud prevention company focused on helping enterprises manage risk and fight fraud in real time, announced Tuesday...

190

Apple

Credit Suisse Lowers iPhone 8, X Estimates

Apple Inc. saw Wall Street investment firm Credit Suisse lower its iPhone unit sales estimates for the year thanks to higher average...

643

Amazon

Amazon Expands Alexa’s Ability To Make Custom Lists

Amazon is expanding the number of Alexa custom lists users can create, a move to enhance one of its voice-activated digital assistant’s...

590

Alipay Coming To US Taxis In Verifone Deal

Payment services company Verifone and digital payment service Alipay, owned by China’s Alibaba, announced Tuesday (Oct. 17) they have formed a partnership that will...

716

Amazon Delivery

Amazon Locker Delivery Coming To Major Apartment Landlords

Amazon is installing lockers in thousands of apartment buildings across the nation, with many ready just in time for the holiday shopping...

546

Payments Innovation

UL Deploys Bots To Test Payment Terminals

Payment software company Abrantix announced news that it has partnered with UL to launch the UL Brand Test Robot for a quicker and...

91

Business

TSYS Adds AT&T, Realogy Executives To Its Board

TSYS, the payments company, announced Tuesday (Oct. 17) the election of two new members to its board of directors, bringing the total...

453

Investments

BankBazaar Snags $30 Million Experian Investment

BankBazaar, an Indian company and digital credit marketplace, received $30 million in funding yesterday, according to a news report from TechCrunch. The...

466

Cardstream And Creditcall Team Up To Power Omnichannel Processing

Cardstream and Creditcall have joined forces to free merchants and their acquirers from single-stack payment acceptance solutions. Cardstream — an independent white label payment...

3.7K

FTI Says US Online Retail Sales Likely To Surpass $1 Trillion By 2027

The business advisory firm FTI Consulting has forecasted that online retail sales in the United States will top $1 trillion by 2027,...

Pizza Hut Gets Hit With Breach

Monday (Oct. 16) news reports from QSR magazine shared that yet another well-known brand has recently been hit with a cyberattack. Quick...

1.4K

Capital One Launches Savor Card For Foodies

In response to growing consumer food and dining spending, on Tuesday (Oct. 17) Capital One announced news of its Savor Card, a cash...

1.1K

Adobe Warns Of Flash Malware Vulnerability

Adobe Systems has warned its users that hackers are exploiting vulnerabilities in its Flash multimedia software platform in web browsers. According to...

Banking

Barclays CEO Says Banks Must Protect Their Place In Payments

Barclays Chief Executive Officer Jes Staley said the company has to defend its differentiators as technology companies such as Apple and Amazon...

We Heart It Announces Data Breach From 2013

We Heart It, the image sharing website, disclosed late last week that there was a potential cybersecurity breach that may have impacted...

Partnerships / Acquisitions

Apple Pay

Apple Pay’s Hard Road To Toe In India

Apple, Inc. is eyeing the payments market in India, according to Eddy Cue, the company’s senior vice president for Internet Software and...

1.0K

Digital Asset Lands $40M For Blockchain Platform

Blockchain startup Digital Asset has brought in another $40 million in funding, bringing its total amount raised to $100 million. According to...

797

Ridesharing

UberEats Projects $3B In Revenue Through 2017

UberEATS, the food delivery branch of the ridesharing company lately embroiled in a series of scandals culminating in the ouster of its...

498

Bank Regulation

Wells Fargo To Pay $3.4M Fine Over Complex ETPs

The Financial Industry Regulatory Authority (FINRA) announced news on Monday (Oct. 16) that it has ordered Wells Fargo Clearing Services and Wells...

Apple

iPhone 7 Sales Outpace iPhone 8

Consumers are favoring Apple’s iPhone 7 over the more recent iPhone 8, according to KeyBanc Capital Markets. Carrier store surveys are indicating...

Fraud Attack

Report Claims North Korea Responsible For SWIFT Hack

A British cybersecurity firm believes that North Korean hackers are responsible for a recent cyberheist in Taiwan, which targeted the global SWIFT...

U.S. Credit Card Delinquency Rates Inch Higher

Credit card delinquencies increased for three consecutive months, adding to signs that consumers in the U.S. are having a tough time paying...

1.4K

Blockchain

Banking on Blockchain, Linking Cross-Border Payments

Might seamless cross-border payments be among the holy grails of payments? Think of the complexities: multiple currencies, time zones, financial institutions, regulations...

1.4K

Fraud Prevention

eBay Lures High-End Bag Sellers With Big Payouts

Aiming to take on other high-end, luxury websites, eBay announced Monday (Oct. 16) the launch of eBay Authenticate, a service that helps...

Blockchain

JPMC Rolls Out Blockchain-Based Payments Network

JPMorgan, along with Royal Bank of Canada and Australia and New Zealand Banking Group Limited, announced Monday (Oct. 16) the launch of...

Subscription Commerce

Porsche Test Drives Vehicle Subscriptions

In an attempt to bring in new customers, Porsche is testing out a vehicle subscription service in Atlanta, where Porsche Cars North...

3.6K

Regulation

The Supreme Court Will Decide American Express’ Antitrust Case

The American Express antitrust case is back — and is now going to the court of last resort. Yesterday (Oct. 16), The...

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Investments

Are ‘Unicorns’ Much Less Valuable Than We Think?

The valuations that have come out of Silicon Valley in the last few decades have been nothing if not eye-catching: $62.5 billion...

Grubhub, BJ’s Restaurants And Brewhouse Announce Partnership

Grubhub, a mobile food ordering and delivery platform, is expanding its range of delivery and catering options once again, this time by announcing...

Rent The Runway Bets On Subscription Shopping

Rent the Runway is test-driving an updated version of their fashion subscription program, which will give their customers access to a lower...

Nordstrom Isn’t Going Private This Year

It appears that retailer Nordstrom will remain on the public markets after all, as members of the Nordstrom family have informed the...