News

Artificial Intelligence
How Mastercard Uses AI To Fight Fraud And Make Better Credit Decisions
July 08, 2020

Mastercard is harnessing artificial intelligence (AI) in a bid to hit fraudsters hard by searching for emerging patterns of criminal activity before they become major problems, two top executives told Karen Webster during Mastercard’s Virtual Cyber & Risk Summit. Get the Full Story Complete the form...

Retail
Dunkin’s Speedway Exit Puts Spotlight On Contactless
July 08, 2020

Closing store locations has been a near-daily occurrence during the pandemic. But when a high-flying QSR like Dunkin is in the news, it’s a bit of a surprise. The chain announced on Tuesday (July 7) that it was following through on its decision announced earlier...

Retail
Retail Lease Defaults Have Ripple Effect
July 08, 2020

As it does during the first week of every month of the pandemic, attention turns to retail leases. This week found that one of the crisis’ most troubled retailers — Nordstrom — will only pay half of its rent for the balance of 2020. With...

Retail
CVS Pharmacy Creates Spoken Rx To Read Prescription Labels
July 08, 2020

To provide its patients with “talking” prescription labels, CVS Pharmacy has created a new function of its app called Spoken Rx. The function can read a certain kind of label for individuals who have visual impairments or can’t read typical print labels, according to an...

Retail
PVH Announces Sustainability Progress In Corporate Responsibility Report
July 08, 2020

As it aims to keep expanding upon its commitment to transparency and accountability, PVH Corp. released its 2019 annual Corporate Responsibility (CR) Report. The company, whose brand portfolio includes Calvin Klein and IZOD, said the report was published during the pandemic and the movement against...

Payments Innovation
Amex, Discover, Mastercard And Visa Take Click to Pay Global
July 08, 2020

American Express, Discover, Mastercard and Visa have agreed on the global expansion of touch-free purchases across merchants and platforms. 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...

B2B Payments
SMB Financing, Vendor Acceptance Top Biz Cards’ Priorities
July 08, 2020

With commercial cards an increasingly popular choice in the B2B payments space, industry innovators are exploring pockets of opportunity to drive adoption through mitigating friction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Sowing The Seeds Of Agriculture Banking Modernization
July 08, 2020

The farming and agriculture industry remains a pillar of society, and some of the world’s largest banks — like France’s Credit Agricole — first began as institutions to finance small farming businesses. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Rocket Cos., Quicken Loans Parent, Files IPO 
July 08, 2020

Rocket Companies, one of the nation’s largest mortgage lenders and parent of Quicken Loans, filed its initial public offering (IPO) late Tuesday (July 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...