Category: Business

Mobile Ordering Startup Fights Food Waste And Fraudsters

Dining out can be a jarring experience for customers used to the speed and convenience of mobile ordering. Increasingly, sit-down restaurants are looking to serve diners on a tight schedule by introducing mobile order- and pay-ahead services. The January Mobile Order-Ahead Tracker examines how table-service restaurants and quick-service restaurants (QSRs) alike are leveraging mobile ordering to […]

Rep. Waters Looks To Undo Mulvaney’s CFPB

The relationship between the House Financial Services Committee and the Consumer Financial Protection Bureau (CFPB) is about to change. Yesterday, we got a peek at some of those changes, architected by Maxine Waters, the new chairwoman of the Committee, at an event for the Center for American Progress, the progressive think tank. Her talk to […]

FinTech WEX Buys Discovery Benefits

Financial technology services company WEX is going to acquire Discovery Benefits (DBI), an employee benefits administrator, the company announced on Thursday (Jan. 17). DBI has more than one million consumers in 50 states, and with its account administration tech and services, it’s a key player in the consumer-facing healthcare system. WEX’s health division has been […]

Square Card Delivers Instant Funds To Square SMBs

You know your stature by the enemies you make, right? That’s the old saying at least. Well, “enemy” might be too strong a term — business is not war — but Square this week found itself a target of First Data and Fiserv, two big payments players merging in a $22 billion deal that will result […]

Netflix Paid Subscriptions Jump 33 Pct In 2018

Netflix, which recently announced the largest price increase in more than a decade, said Thursday (Jan. 17) that it added 8.8 million memberships in the fourth quarter of 2018 — 1.5 million in the U.S. and 7.3 million internationally. Those additions came as the streaming content service servers sign-up ties with the Apple App Store […]

Entertainment Brands Reel In Subscribers With Rewards In The Netflix Age

Big entertainment brands are growing their subscription offerings in hopes of creating engaging relationships with their customers. AMC Theatres’ Stubs loyalty program, which has a subscription tier called AMC Stubs A-List that offers consumers up to three movies a week for a monthly fee, now counts over 18 million households as members in the United […]

Estonian Parliament Rejects Portion Of Anti-Money Laundering Proposal

Estonia, a country embroiled in a money laundering scandal involving a small branch of Denmark’s Danske Bank, has rejected a critical part of proposed anti-money laundering (AML) legislation, according to Reuters. The proposed part of the legislation would compel individuals suspected of profiting from seemingly suspicious financial dealings to prove that their money came from […]

UK Mortgages, Credit Demand To Decline Pre-Brexit

British lenders say that leading up to Brexit, they expect the largest drop in demand for credit cards and mortgages than they’ve seen in many years, according to a survey by the Bank of England. As Reuters reported, the survey findings add to the already ominous signs of an upcoming economic turndown in the country. […]

Apple Pay Users In Australia Can Now Choose Visa Or EFTPOS

Apple Pay, in a move that will let users in Australia skip credit card fees at places that support EFTPOS (electronic funds transfer), now has support for dual-network debit cards, according to reports. Previously, the default Visa payment option had users pay a fee they otherwise wouldn’t have had to fork out if they were […]