News

Ridesharing
Uber Dealt A Blow In Fight With EU Over Its Status
May 12, 2017

Uber Technologies, the ride-hailing app company, got hit with a legal blow on Thursday (May 11) in its fight not to be regulated as a taxi service, when the European Union’s main court rejected arguments that Uber is merely an app. Get the Full Story...

Retail
Store-Branded Credit Cards Draw Profits, Unlike The Rest Of Retail
May 12, 2017

Amid the brick-and-mortar woes of retailers such as Macy’s, is there a silver lining to be spun from credit cards? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
FTC To Announce National Consumer Fraud Program
May 12, 2017

Over the past few months, we’ve certainly seen and reported on a lot of action involving the Consumer Financial Protection Bureau (CFPB). From banks challenging its enforcement to advocacy groups suing it to legislators criticizing its director, the CFPB has come under fire quite a bit lately....

Investments
Ontruck Raises $10M For Real-Time Logistics Platform
May 12, 2017

Ontruck, a Madrid startup that has developed a logistics platform to connect businesses with road freight carriers, has raised $10 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Most Internet Users In France Will Bank Online This Year
May 12, 2017

Most of the internet users in France are forecasted to bank online this year, although few will be doing so via a mobile phone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Trump Signs New Executive Order On Cybersecurity
May 12, 2017

U.S. President Donald Trump on Thursday (May 11) signed an executive order that seeks to increase cybersecurity efforts on the part of the government, with an eye on guarding infrastructure from attacks. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
FTC Warns Of Telemarketer Scam Coming From Jamaica
May 12, 2017

The Federal Trade Commission issued an alert on Thursday (May 11) warning consumers that fraudulent telemarketers based in Jamaica are targeting consumers in the U.S., telling them they won a sweepstake or a foreign lottery in an effort to get people to part with some...

Banking
Wells Investors Disappointed By Wells’ Soft Revenue Outlook
May 12, 2017

Scandal has its costs — and as Wells Fargo shareholders learned this week at investor day, those costs can be steep and ongoing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Sun Basket Raises $9 Million In VC Funding To Boost Marketing
May 12, 2017

Sun Basket, the meal kit startup company that is focused on healthy recipes and organic ingredients, raised $9 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...