What's Hot | PYMNTS.com

Toys R Us Turns Down Bid For US Stores

Lawyers and advisers for Toys R Us have reportedly turned down a last-minute bid for the retailer’s U.S. stores from toy-company founder...

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Big Names Embark On Spring Hiring Sprees

Standing one’s ground in an Amazon-dominated retail market doesn’t happen by accident. Home Depot is one of the few who have managed...

416

Facebook Gets Rare Downgrade Over Advertising Spending Growth

Facebook’s stock took a hit on Wednesday (April 18) after research firm OTR Global downgraded the stock, the first time an investment...

400

CFPB

Senate Votes To Kill Controversial CFPB Auto Lending Rule

Senators voted on Wednesday (April 18) to remove a 2013 piece of consumer protection legislation that was designed to stop discrimination in...

780

Facebook Updates Privacy Terms To Comply With New EU Data Laws

Facebook has introduced new privacy experiences for everyone on the social media site as part of the EU’s General Data Protection Regulation...

165

Delivery

Uber Eats Now Fastest-Growing Food Delivery App

Watch out, Grubhub: Uber Eats is currently the fastest-growing meal delivery service in the U.S. According to Recode, Uber Eats is bringing...

514

Bank Regulation

With Nod To Rate Hikes, Fed’s Dudley Cautions Small Banks On Risk

Watch out for falling … oh, wait, rising interest rates. Federal Reserve Bank of New York President William Dudley said on Wednesday...

436

Mobile

YouTube To Release More Monetization Tools For Creators

YouTube is launching additional tools to help its creators make money from their videos after growing complaints about new policies that made...

400

Earnings

Amex Card Spend, Loan Volume Drive Q1 Results

The customers are still opening their wallets, and using the cards. Results posted by American Express on Wednesday (April 18) showed numbers...

869

Bitcoin

Bitcoin Daily: Crypto Funds Way Down, ‘Over And Out’ For Founder In Latest ICO Exit Scam

A crypto startup that seeks to create a “stable coin” has notched a whopping $133 million funding from some big names, TechCrunch...

756

VISA

Visa Brings In New Head Of Investor Relations

Visa has named Mike Milotich as senior vice president of investor relations, effective immediately. He takes over for Jack Carsky, who retired...

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Facebook Says Login Data Can Be Hijacked

Facebook has more data issues to worry about this week. This time it’s a security research report that shows the site’s user...

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Amazon Prime Users Top 100M

Amazon Prime has reached a milestone number of subscribers: CEO Jeff Bezos says the service now has more than 100 million members....

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Innovation

Intel Shutters New Devices Group

Semiconductor company Intel is shuttering its New Devices Group, the unit that was focused on consumer products including augmented reality glasses, which...

626

Security & Fraud

Data Firm Exposes 48M Social Media User Profiles

LocalBlox, a small data firm, created personal profiles of 48 million people using data from the likes of Facebook, LinkedIn, Twitter, Zillow...

460

Payment Methods

Royal Bank Of Canada Gets Personal Payment Card Support From Samsung Pay

Samsung Pay continues its expansion into Canada, with Royal Bank of Canada (RBC) personal payment cards now supported by the mobile payment...

369

Merchant Innovation

Facebook Hiring Chip Designers For AI Semiconductor Push

Facebook is gearing up to make its own artificial intelligence chips, with the company looking to hire chip designers. According to a...

317

Google

Private Jet Company Skyjet Takes Google Pay To The Skies

Private jet company Skyjet has announced that it is the first in the industry to offer Google Pay. Skyjet became the first...

388

Payment Methods

Google Pay Now Installed More Than 100 Million Times

Google’s redesign of Google Pay, its digital payment service, appears to be paying off — the company passed the 100 million mark...

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Alexa

Volara Powers Alexa To Make Phone Calls For Hotel Guests

Volara, the company that makes a hotel concierge service powered by Alexa for Business, announced news on Wednesday (April 18) that it...

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Snap Adding ‘Shop Now’ Button To AR Lenses

Snap, the maker of the Snapchat disappearing messaging app, is reportedly adding a “Shop Now” button to its app, enabling users to...

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Mobile Order Ahead

Mobile Ordering Comes To The Coffee Bean & Tea Leaf

Mobile order ahead has come to The Coffee Bean & Tea Leaf® mobile app, “The Coffee Bean Rewards® app,” which powers rewards and...

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Mobile

Meijer To Offer Self-Scanning Mobile App In Chicago

As grocers ramp up their digital offerings, Meijer is gearing up to launch a self-scanning mobile app in the Chicago area that allows...

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Partnerships / Acquisitions

JD.com’s CEO Says Robots Will Replace Retail Workers

JD.com Chief Executive Richard Liu is predicting that robots will eventually supplant human workers in the retail industry. While Liu believes the...

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Best Buy And Amazon’s Surprise Smart TV Team-Up

Retail makes for strange bedfellows at times — and in this week’s odd annals is the pair-up of putative rivals Best Buy...

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Home Depot’s High-Tech Hiring Spree

Home Depot, unique among the big-box store retailers, has not only survived in the age of the Amazon-effect, but thrived. Stock prices...

1.7K

Regulation

New York AG Wants More Info From Crypto Traders

New York Attorney General Eric Schneiderman has announced the launch of the Virtual Markets Integrity Initiative, a fact-finding inquiry into the policies...

1.3K

Security & Fraud

Social Media Usage Increases In Q1 Despite Facebook’s Data Scandal

Despite Facebook’s data scandal with Cambridge Analytica, the number of people that are using social media platforms increased by more than 100...

475

Safety and Security

Google And Apple Absent From Cybersecurity Tech Accord That Facebook And Microsoft Signed

Technology companies are making the pledge to protect customers from cyberattacks, as well as making sure they don’t help governments advance their...

911

Amazon Prime To Take Over Whole Foods Rewards Program

Whole Foods Market has informed customers that it is shutting down its rewards program, which will most likely be folded into the...

1.7K

Google And Amazon Casualties Of Russia’s Telegram Ban

Russia is making good on its threat to ban Telegram by blocking IP addresses owned by Google and Amazon, saying they were...

Partnerships / Acquisitions

Blockchain

Discover Joins The Chamber Of Digital Commerce Executive Committee

The Chamber of Digital Commerce announced news on Tuesday (April 17) that Discover Financial Services, the payments company, has been added to...

944

Bitcoin

Bitcoin Daily: Cambridge Analytica Had Crypto Plans, Iceland’s Bitcoin Heist Suspect Escape Prison

Before Cambridge Analytica got caught up in a scandal involving the use of Facebook data, it was thinking of raising money through...

356

Carvana Acquires 360-Degree Imagery Tech Startup Car360

Carvana, the Phoenix-based online buying and selling platform for used cars and creator of the used car vending machine, has acquired computer...

843

CFPB

Senate Vote On CFPB Auto Lending Rule Planned For Next Tuesday

The Senate is set to vote to rescind the Consumer Financial Protection Bureau’s rule on auto lending as early as this coming...

852

International

Indian Officials Say Country Has Enough Cash As ATMs Run Dry

With India’s banknote shortage spreading across the country, the government said Tuesday (April 17) that there is enough currency available and that...

983

Amazon’s Patent For Real-Time Crypto Transaction Data Gets Approved

Amazon has been awarded a patent for a streaming data marketplace offering real-time cryptocurrency transaction data. The patent, which was granted to...

950

International

French President Calls For EU Banking And Lending Reform

Reuters reported Tuesday that French President Emmanuel Macron may seek to change the enforcement of some banking rules across Europe. The goal...

978

Banking

Goldman Sachs’ Marcus Has Issued $3B In New Loans Since Inception

Marcus, the consumer lending unit of Goldman Sachs, has issued $3 billion in new consumer loans since launching in October of 2016...

Innovation

Elon Musk Backs His Own Groundbreaking Tunnel Plan

Dos Equis has the “Most Interesting Man in the World.” Tesla has the most boring man in the world — but in...

Judge Says Facial Recognition Suit Against Facebook Can Proceed

A U.S. federal judge has ruled that a class action lawsuit against Facebook focused on facial recognition can proceed. The suit is...

960

Taxes

IRS Experiences ‘Technical Difficulties’ On Tax Day

While Americans rush to file their taxes this Tax Day, some computer systems at the Internal Revenue Service (IRS) are “experiencing technical...

Amazon Beefs Up Cross Border Capabilities

Amazon announced news on Tuesday (April 17) that it launched an “International Shopping” experience within the Amazon Shopping App, enabling customers in...

1.8K

Walmart Gets Support Of Flipkart Shareholders, Excluding SoftBank

Walmart, which is trying to acquire a big stake in India’s leading eCommerce player Flipkart, has reportedly convinced some of its key...

1.5K

Partnerships / Acquisitions

Amazon Finally Takes Top Spot In Consumer Electronics Sales

Amazon has a new feather in its cap: For the first time ever, the company has topped Dealerscope’s Top 101 Consumer Electronics...

1.4K

PayPal Teams With ebizmarts To Integrate With Magento

PayPal is working with point-of-sale (POS) company ebizmarts to help retailers offer both POS and digital payments. According to news from Mobile Payments Today, PayPal’s...

1.5K

Apple

Apple Works On Magazine Subscription Service

As Apple seeks to bring in more revenue from online services and content, the tech company plans to integrate the technology behind Texture...

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