Fitness technology firm Fitbit is close to acquiring Pebble, the smartwatch maker, with an attendant purchase price of $34 million–$40 million. As part of the deal, Fitbit will get the Pebble portfolio of intellectual property and its operating system, which could help Fitbit expand its product...
On this day 83 years ago, the United States government pulled the plug on one of the great failures of social engineering in American history — prohibition. The 13-year effort to curb alcohol consumption with a universal ban was pretty much a bust. The experts estimate...
There may be too many banking branches in the U.S., say analysts. 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...
The U.S. federal government is on track to provide $108 billion or more in debt forgiveness for student loans during the next few years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Intel, Delphi Automotive and Mobileye announced yesterday (Nov. 29) plans to collaborate in creating the supercomputing technology necessary to get the first generation of self-driving cars up and running. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
This year’s Cyber Monday stats are here. 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...
After 36 years, eye-based biometrics is more than a buzzword — it’s gaining currency in the payments world. In the latest Data Drivers, Karen Webster sat down with EyeVerify CEO Toby Rush to discover why now, finally, when it comes to data security … the...
Digital payments tracking software startup Stripe has reportedly garnered an estimated valuation of $9.2 billion thanks to a new $150 million round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
We cannot report that the holiday shopping season got its start this weekend — because we are committed to honesty in our reporting. The holiday shopping season got its start right around the time that we were all packing away our Halloween costumes. Get the Full...