Retail giant Nordstrom has acquired Trunk Club, a Chicago-based personal styling service for men, for an undisclosed amount. 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...
Ever felt like deep down inside, the ability to be an expert in donuts, jet ski rentals or oil changes was lurking, just waiting for someone to call it up to the surface? Good news: FourSquare is now offering anyone the opportunity to become and...
Channeling the Starbucks mobile payments app, Kash is an app that aims to bring that same customer experience to other retailers and SMBs, according to TechCrunch. In doing so, they hope to cut the costs of credit card fees. Get the Full Story Complete the...
Sandwich chain Jimmy John’s, with more than 1,900 stores across the U.S., appears to be the latest common-point-of-purchase retail data breach victim, with KrebsOnSecurity reporting a large-scale card-present fraud. That means someone is using cloned payment cards to buy an awful lot of hoagies. Get the Full...
No matter how tricky aligning a QR code to the brackets on a phone screen might be, it’s not pushing smartphone owners away. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Many older brick and mortar chains are still using POS systems that are outdated and costly as compared to newer, state-of-the-art POS technology, according to VentureBeat. Because of this, payments startup Zing released a new POS platform “presented as a way to ditch clunk, old...
There is no shortage of digitally backed currencies in the world. There’s bitcoin, that granddaddy of them all but the list goes on and gets longer each day. More or less, they are all based on the same innovation: the open source block-chain and the...
Fiserv came in roughly equal with analysts’ predictions on its Q2 earnings, but missed slightly on revenue. Total revenue was up 3.2 percent year-over-year to $1.18 billion, which is a slight undershoot of analysts’ predictions of $1.23 billion. Fiserv did see strength in its...
Unattended retail is the sleeper of the payments industry. This $120 billion sector in the U.S. includes everything from vending, commercial laundry, and self-serve kiosks, to arcades. It’s also estimated that there are between 13 and 15 million locations ready and waiting to move from...
