News

B2B Payments
Körber Aims To Mold Latin American Supply Chain With Otimis Stake
January 09, 2020

The Körber Group is looking to shape the supply chain of the future in Latin America with the acquisition of a majority stake in Brazil-based Otimis, Körber announced on Wednesday (Jan. 8). With locations in Blumenau and São Paulo in Brazil, and Santiago in Chile,...

Payments Innovation
Retail’s 2020 Digital-First Payments Roadmap
January 09, 2020

Consumers have always influenced how payment methods evolve – stretching back centuries to the barter system, and extending, now, into the digital age. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
The Latest Analog To Digital Battleground: Store Shelves
January 09, 2020

Sometimes, a technology takes longer than expected to find its footing in a market. 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...

Security & Fraud
NY Man Gets Jail Time For $390K Card Skimming Scheme
January 09, 2020

A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, according to a Department of Justice (DOJ) report. Get the Full Story Complete the form...

eCommerce
Amazon Looks To Enter Luxury Fashion Space
January 09, 2020

Amazon is planning to launch a luxury fashion platform in the first half of this year, according to reports. 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...

Security & Fraud
Cybersecurity Company Finds TikTok Was Vulnerable To Hackers
January 09, 2020

Check Point, a cybersecurity company based out of Israel, recently released research highlighting numerous security flaws in the popular smartphone app TikTok, which is incredibly popular with teenagers and one of the most downloaded apps in the world, according to a report by The New...

Security & Fraud
Rockwell Automation Takeover Targets Cybersecurity In Manufacturing
January 08, 2020

New York-listed Rockwell Automation is acquiring Israeli-based Avnet Data Security to deliver advanced cybersecurity services, Rockwell announced on Wednesday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Merchant Innovation
CES Shows the Power of Connected Commerce
January 08, 2020

Homes are getting smarter as the Internet of Things expands, and that has major implications for payments and commerce. Examples of that are coming fast and furious this week at the International Consumer Electronics Show (CES) 2020 in Las Vegas. Get the Full Story Complete...

Regulation
The Push And Pull Of India’s Merchant Discount Rate Ban
January 08, 2020

In physics, one of Newton’s Laws state that for every action, there is an equal and opposite reaction. In payments, it can be stated that for every action, there is reaction. Whether it will be equal or opposite remains to be seen. Get the Full...