News

Retail
Five Alternative Tenants That Could Save Dying Shopping Malls
January 05, 2021

The traditional shopping mall consisting of retailers, a food court and maybe a hair salon or two is going the way of the dinosaur. But experts say they can survive — and even thrive — if they repurpose themselves into a mix of cool retailers...

Retail
American Express Introduces New Promotions To Kick Off 2021
January 05, 2021

American Express is debuting new promotions for American consumer, small business and co-brand card members in addition to small retailers to start 2021 amid the pandemic. The promotions offer support to navigate through COVID-19’s impact and plan for the future, according to a Tuesday (Jan....

Partnerships / Acquisitions
​Nets Group’s Paytrail Plans Checkout Finland Acquisition
January 05, 2021

Finnish payment service provider Paytrail Oyj, owned by ​Nets Group, is planning to acquire Checkout Finland Oy, part of OP Financial Group.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Payment Rail Innovators Look Ahead Towards Digital Currencies, Faster Payments
January 05, 2021

With payments innovation continuing to accelerate, a number of new initiatives are now underway across a range of payment rails. In Nigeria, that means improving upon the legacy of the paper check, while in the U.S., Nacha is preparing corporates for faster payments. Meanwhile, chatter...

B2B Payments
How SMBs Can Overcome FinTech Overload To Achieve Optimization
January 05, 2021

With the digitization process in full swing for many small and medium-sized businesses (SMBs), entrepreneurs are tasked with difficult decisions ahead about which technologies are best suited for their firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Managing Spend Under The Dark Cloud Of Shadow IT
January 05, 2021

Embracing the cloud often means more agile solutions that can promote greater productivity in the workplace. Today, the shift has quickly evolved from beneficial opportunity to absolute necessity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
Indonesia’s Gojek Mulls $18 Billion Merger With Tokopedia
January 05, 2021

Indonesia’s ride-hailing and payments platform Gojek is in talks with eCommerce innovator Tokopedia for an $18 billion merger, Bloomberg reported on Tuesday (Jan. 5), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Distributed Banking Gives Banks Opportunity To Redesign The Customer Experience
January 05, 2021

One could say that the payments industry hasn’t ever met a buzzword it doesn’t like – or pass up an opportunity to take one or two words, throw in a properly placed hyphen in between “at a service” and create one. Get the Full Story...

Retail
Auto Dealers Have Seen The Future And It Is Digital
January 05, 2021

Of all the businesses that have embraced a digital shift during the pandemic, the adaptation of the nation’s auto industry has been one of the most transformational. As much as COVID accelerated trends that were already occurring, said Aaron Krane, CEO of digital auto platform Modal,...