News

Security & Fraud
First American Title Accused Of Exposing Millions Of Customers’ Personal Data
July 22, 2020

First American Title, one of the largest providers of title insurance in the U.S., is facing allegations that it exposed the personal data of millions of its customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Italian Antitrust Authorities Search Amazon, Apple Offices
July 22, 2020

Foreign regulators are increasingly training their sights on U.S. Big Tech companies. In this case, antitrust officials said they searched the local offices of Amazon and Apple in Italy as part of an investigation. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Three Former Top Wirecard Execs Arrested In Alleged Fraud Scheme
July 22, 2020

Three former top executives of Wirecard AG were arrested Wednesday (July 22) as prosecutors allege they were part of a criminal enterprise to steal billions from creditors based on fake accounts, Reuters reported. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Brex Offers FDIC Insurance
July 22, 2020

Brex, the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payments Innovation
How Businesses Can Emerge From The Global Pandemic In A Position Of Strength
July 22, 2020

“People want to be able to pay however they want, including with cards, digital wallets, alternative payment methods and rewards points. Giving customers choice can drive sales and loyalty.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Back-to-School Retail Meets Digital 3.0 FIT Framework
July 22, 2020

The retail industry is facing its first sales event of the pandemic with the coming of back-to-school sales. And while some of the sales projections are solid, the fundamentals for success are still wavering. Get the Full Story Complete the form to unlock this article...

Retail
Google, DTC Retailers Form Advocacy Group
July 22, 2020

A new advocacy group dedicated to direct-to-consumer retail was announced this week with representation from Google and several major retailers including QVC, Brooks Brothers and Lane Bryant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Goldman Sachs Forecasts Acceleration In eCommerce Sales
July 22, 2020

Goldman Sachs has predicted that online shopping will expand by 19 percent each year during the next three years to come, which marks a rise from its past forecast of 16 percent. The firm said the acceleration was mainly fueled by quicker growth in the...

Retail
Best Buy Reports 255 Pct eCommerce Sales Growth
July 22, 2020

Best Buy reported eCommerce sales growth of roughly 255 percent in contrast to the past year quarter-to-date up to July 18. The electronics retailer also noted that online sales “remained strong” with roughly 185 percent in sales growth in contrast to the past year in...