News

Regulation
Uber Under Investigaton By FTC
June 16, 2017

It never rains but it pours. Such is life over at ridesharing firm Uber these days, which can now add to the list of its recent woes news of an FTC investigation for alleged privacy violations by the recently under siege carsharing company. Get the Full...

Investments
Fresh Funding In Hand, Danal Expanding Mobile Identity Presence
June 16, 2017

If financial backing is a vote of confidence in a firm’s strategic vision, Danal, the mobile identity and authentication company, has gotten two thumbs up. Danal announced Friday that it received investments via strategic funding from mobile operator Orange and Bangkok Bank. Get the Full Story...

Partnerships / Acquisitions
Spotify Adds Eventbrite Ticketing
June 16, 2017

Eventbrite has announced that it will now show information about concerts and music festivals on the music streaming service Spotify, with the hopes that it will boost ticketing sales. The move comes less than a week after Eventbrite acquired Ticketfly from Pandora for $200 million. Get the Full...

Bitcoin
Bitcoin’s Soaring Value Short Lived
June 16, 2017

Bitcoin has had its ups and downs this year. 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,...

Delivery
Uber’s Trucking Aspirations Are Not Taking Off As Hoped
June 16, 2017

Uber Technologies has more than a cultural problem on its hands; its efforts to expand into trucking isn’t doing so hot. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
India’s MobiKwik In Talks To Raise $100M To $150M
June 16, 2017

MobiKwik, the mobile payments startup that competes with Paytm in India, is reportedly in talks to raise $100 million to $150 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
In Payments, Closed and Open, Global and Local
June 16, 2017

One month into his new gig as CEO of AEVI, Nelson Holzner tells PYMNTS’ Karen Webster that technology — strengthening the ever-evolving bond between merchants and acquirers and the customers they serve — can make payments global, local and flexible beyond the confines of hardware.

Omnicommerce
Can Social Become The Complete Fashion Shopping Experience?
June 16, 2017

A picture may be worth a thousand words, but can it help a chatbot make you look like a million bucks? The hot-off-the-presses PYMNTS.com Omnicommerce Tracker™, powered by Vantiv, catches up with Dr. Eitan Sharon and Karen Ouk, founder and SVP, respectively, of mode.ai, a...

Investments
Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher
June 15, 2017

So the Federal Reserve hiked interest rates, as had been expected by most on the Street and beyond, and the question as the 25-basis point boost becomes viewed through a rearview mirror: What might it all mean? Get the Full Story Complete the form to...