News

Retail
Vuse Launches New Website For Customized Vaping Orders
July 15, 2020

With the coronavirus pandemic surging in the United States, Vuse is ramping up its efforts to sell its vaping products online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Report: Some Wirecard ‘Partnerships’ May Be A Hoax
July 15, 2020

Wirecard AG, the insolvent German payment processing company facing criminal accusations, may have misled the financial community about its partnerships with blue-chip companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payments Innovation
Digital Is The New Normal In Payments
July 15, 2020

“In our experience, ‘billers’ don’t want to own the payment process. They want solutions that can shield them from the complexity and risk of payments so they can focus on their core business.” Get the Full Story Complete the form to unlock this article and...

Retail
StockX Report Affirms Resale Market Acceleration
July 15, 2020

The apparel and footwear resale market is seeing record-setting growth during the pandemic. Sites like thredUP and Poshmark have experienced a surge in consumer activity. The trend was reinforced this week by a half-year status report from footwear resale marketplace StockX. Get the Full Story...

Retail
Virtual Mall Platform Finds Traction
July 15, 2020

There were more dire predictions for the mall sector this week, as some states had to revisit their lockdown mandates due to new COVID-19 spikes. But a new eCommerce platform coming out of the Alibaba Group in Southeast Asia is bringing a unique business model...

Payments Innovation
Digital Transformation Hits Overdrive
July 15, 2020

“Just as changing consumer behaviors are accelerating the adoption of digital commerce, they are also creating a greater demand for digital payout methods.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Best Buy Mandates Face Masks
July 15, 2020

Best Buy shoppers at the retailer’s U.S. stores will now have to wear a mask as COVID-19 cases are on the rise, The Wall Street Journal reported.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Burberry To Reduce Workforce By 500 Positions Amid Pandemic
July 15, 2020

Following a drop in sales amid the COVID-19 health crisis, Burberry is to reduce its workforce by 500 positions globally with the inclusion of 150 jobs in its British head offices. The moves are part of the luxury brand’s plans to reduce costs by £55 million, The Guardian reported....

B2B Payments
SMBs Seek New Avenues To Cross-Border Payments
July 15, 2020

Although cross-border expansion can be a major business growth opportunity for U.S. companies today, that wasn’t always the case. 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...