Walmart’s big-box stores in Mexico are suffering from flat sales, but at the global retail giant’s mini-grocer format, called Bodega Aurrera Express, sales are now growing at 12 percent a year, according to The Wall Street Journal. Get the Full Story Complete the form to...
More than a million people in the U.K. will see the cost of their borrowing fall now that new price caps on payday loans have taken effect, the Guardian reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.S. payments industry lacks common standards for interoperability, and that’s standing in the way of faster payments and better payments security. That’s the conclusion of a Federal Reserve-sponsored symposium on payments innovation, according to the Chicago Fed Letter. Get the Full Story Complete the...
European tech startups struggle to raise investment money compared with companies based in Silicon Valley and New York, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
While the movie “The Interview” — the gross-out comedy that apparently triggered a massive cyberattack on Sony Pictures by North Korea — earned $15 million in its first weekend of online distribution, there’s been another “Interview”-related payday as well: A mobile app pretending to download the...
Apple Pay, ATMs and even traditional B2B financial-transfer systems will be the top targets of a new wave of payments-oriented cyberattacks in 2015, according to predictions by security vendor Kaspersky Labs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The technology may be fascinating and the promotion may be relentless, but, as a currency investment, Bitcoin performed worse in 2014 than any of the 175 currencies tracked by Bloomberg, according to Bloomberg View. Get the Full Story Complete the form to unlock this article...
China’s number-four online payments processor, 99Bill, is now under the control of the country’s largest real estate developer, Dalian Wanda Group, the International Business Times reported on Friday (Dec. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
More than half the new mobile devices activated during the week leading up to Christmas Day were from Apple, according to a study by mobile analytics company Flurry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
