News

Security & Fraud
Tougher Enforcement Gives AML/KYC Tech New Importance
December 27, 2021

Problems around money laundering and tax evasion persist worldwide, and it’s clear that the regulatory landscape designed to prevent them from happening isn’t as robust as it ought to be. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Mastercard: Online Sales Grew 11% , US Retail Up 8.5% This Holiday Season
December 26, 2021

A new Mastercard report released Sunday (Dec. 26) says holiday retail sales were up 8.5% this year for the time between Nov. 1 through Dec. 24. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
India’s Paytm Expands CEO Role To Include Oversight Of Growing Payments Business
December 26, 2021

Digital payments company Paytm has announced that Paytm Lending CEO Bhavesh Gupta has decided to take on leadership for the company’s offline payments division, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
UK Retail Foot Traffic Down 45% from 2019 Boxing Day
December 26, 2021

The high infection rates from the COVID Omicron variant have had a dampening effect on the U.K. shopping scene around Christmas weekend, a report from Financial Times said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Supply Chain Woes Prove a Boon for Cargo Salvage Companies
December 26, 2021

With supply chain problems persisting, unwanted and delayed goods have piled up — including things like rotten red cabbages, beer kegs and dog blankets, according to The Financial Times Saturday (Dec. 25). Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
Consumer Surge in Casual Footwear Prompts Crocs to Buy Hey Dude for $2.5B
December 26, 2021

Crocs has said it plans to buy Hey Dude, a privately-owned footwear label, for the price of $2.5 billion, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Over 10% Of Credit and Debit Card Users Experienced Fraud in the Last 12 Months
December 24, 2021

Credit and debit card users are experiencing significant levels of fraud. Eleven percent of consumers reported an incident of fraud in connection with their digital debit and credit card accounts in the last 12 months, according to Authenticating Identities In The Digital Economy, a PYMNTS and Mitek collaboration that surveyed...

Security & Fraud
UK Regulators Turn to Anti-Fraud Jingle to Thwart Holiday Loan Scams
December 24, 2021

This Christmas, the U.K.’s Financial Conduct Authority (FCA) is taking the fight against fraud to a whole new musical level. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
The Three Pillars of Retail’s 2021 Digital Transformation
December 24, 2021

With 2021 ending shortly and 2022 kicking off soon, we thought now is a good time for retailers to hit pause. This article represents a time to reflect on how retail is becoming more consumer-driven in new and unexpected ways. From TikTok to Nike, we...