News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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Vulog’s Plan To Compete With Uber
Vulog’s Plan To Compete With Uber
May 25, 2017  |  Ridesharing

Drivers for ride-hailing services no longer need to own their own car. Instead, Uber and Lyft drivers can now take advantage of shared cars via...

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India’s YES BANK Debuts Phone-/Internet-Free Mobile Banking
India’s YES BANK Debuts Phone-/Internet-Free Mobile Banking
May 25, 2017  |  Banking

YES BANK, the fifth largest private bank in India, announced Wednesday (May 24) the launch of SIMsePay, a feature that lets any account holder conduct...

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Sage Pay Goes All In On SME Lending
Sage Pay Goes All In On SME Lending
May 25, 2017  |  B2B Payments

Sage Pay, a payment processing firm for small businesses, has stepped into alternative lending. The company announced the launch of Sage Pay Business Finance this week,...

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Developing The Right Omnichannel Fit
Developing The Right Omnichannel Fit
May 25, 2017  |  Payment Methods

Whether a brand wants to be the fittest fitness company or the top toy seller on the web, they need software support. The May PYMNTS.com...

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UBS Throws Hat Into Luxe Credit Card Rewards Game
UBS Throws Hat Into Luxe Credit Card Rewards Game
May 24, 2017  |  Loyalty & Rewards

The luxury card war is about to heat up. As reported by Bloomberg News, UBS is looking to debut a premium card later in May...

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Uber Accounting Error Caused Underpayment To NYC Drivers
Uber Accounting Error Caused Underpayment To NYC Drivers
May 24, 2017  |  Ridesharing

Uber accidentally underpaid drivers in New York City through more than the last two and a half years.  As noted by several sources, among them...

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PayPal Sues Pandora Over Logo
PayPal Sues Pandora Over Logo
May 24, 2017  |  Legal

When developing a new business, it’s safe to say that there are a few things to consider before launching to the public. Aside from company...

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Madoff Fund Has Paid Zero To Victims
Madoff Fund Has Paid Zero To Victims
May 24, 2017  |  Security & Fraud

The firm responsible for paying out $4 billion to victims of Bernard Madoff’s Ponzi scheme has been spending millions on related billings, including the retention...

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Silk Road Founder’s Sentence Sparks Surge In Dark Web Drug Deals
Silk Road Founder’s Sentence Sparks Surge In Dark Web Drug Deals
May 24, 2017  |  eCommerce

When Silk Road Founder Ross Ulbricht was sentenced to life in prison two years ago, it was designed to send a message to others aiming...

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