News

Retail
Europe’s August Retail Sales Beat Expectations
October 05, 2020

With an acute increase in eCommerce purchases and higher attire sales during the pandemic, retail sales in the Euro zone significantly exceeded expectations in August. However, sales for July were lowered, Reuters reported. Get the Full Story Complete the form to unlock this article and...

Merchant Innovation
The Digital Shift Will Be Verbalized
October 05, 2020

Given that nearly half of U.S. consumers (48 percent) moved the majority of their shopping online during the pandemic — and seeing as how many will stick to digital, avoiding physical retail altogether — it’s now urgently incumbent upon merchants to shift accordingly. Get the...

Payments Innovation
Deep Dive: Fighting Card Data Breaches With Payments Partnerships
October 05, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. The panel’s standards apply to all entities that accept credit...

Payment Methods
Venmo Launches Credit Card Featuring User QR Codes
October 05, 2020

Venmo, the mobile payment service owned by PayPal, announced Monday (Oct. 5) it has introduced its first-ever credit card issued by Synchrony and powered by the Visa network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Factoring Lands In The Mix Of Firms’ Late Payments Strategies
October 05, 2020

Cash flow is king — now more than ever for many businesses struggling to keep money flowing through their supply chains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Cyberattackers Turn To Payments Fraud, Ransomware As Tech Firms Fight Back
October 05, 2020

As businesses fall victim to cyberattacks, new data is rolling out to show the prevalence of these incidents — and the scope of efforts by tech firms to help keep businesses safe. In this week’s B2B Data Digest, PYMNTS examines some of these numbers, finding...

B2B Payments
Why Digitized Back Office And AP Processes Are B2B’s ‘New Normal’
October 05, 2020

The pandemic will continue to shake up B2B payments, especially for smaller firms — and there’s no turning back. 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...

Payments Innovation
How Consumers Forced Big Merchants To Up Their Digital-First Game
October 05, 2020

Human beings are creatures of habit. 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 our daily newsletter, PYMNTS Today. By completing this form, you agree to...

B2B Payments
Visa’s Phalen: Collaborative Commerce Is B2B Payments’ Next Act
October 05, 2020

The late Harvard Professor Clay Christensen was and is famed for the “jobs to be done” theory of business innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....