Priceline pioneered online travel auctions in the late 1990s, allowing consumers to name their own price for hotels and air tickets. Now, Australia’s Oiii app has applied that pricing model to the taxi business by allowing consumers to bid for fares. Net-Cabs Co-CEO Roland Grelewicz explains what inspired the feature — and why both passengers and drivers are onboard. Read More...

Retailers are driving innovation as they seek to serve shoppers with new rewards and payment offerings: J.Crew rolled out a new loyalty program, as GUESS is introducing Alipay in its stores. In fact, 84 percent of top performers in the PYMNTS Retail Readiness Innovation Index innovated to improve loyalty, as 81 percent of the top performers innovated to meet demands for new payment methods. But to what extent will retailers push innovation to connect with today’s shoppers?  Read More...

Businesses are turning to same-day payment solutions as they seek faster ways to deliver funds to those who matter most — buyers, sellers, employees and suppliers. The shift enables them to improve long-term business relationships and business models as they build a smarter world for payments.  Read More...