News

Retail
Social Shopping Struggles With The Burden Of Potential
February 03, 2020

2020 just might be the year that the long-awaited social shopping business actually shows up. 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,...

Regulation
EU Regulators Want Single Data Market In Europe
February 03, 2020

In Europe, another regulatory salvo may be aimed at U.S. tech firms’ dominance across online platforms, and the collection and use of data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Analyst Reduces iPhone Supply Predictions Due To The Coronavirus
February 03, 2020

With concerns that the coronavirus in China will impact the supply of iPhones, Apple analyst Ming-Chi Kuo said his company, TF international Securities, is reducing its predictions for the supply of iPhones in the first quarter of this year by 10 percent. Kuo said, according...

Partnerships / Acquisitions
Worldline To Purchase Rival Ingenico In $8.6B Deal
February 03, 2020

Two European payments behemoths — Worldline and Ingenico — are merging in an $8.6 billion deal to create the industry’s fourth-largest company in the space, according to numerous reports on Monday (Feb. 3). Get the Full Story Complete the form to unlock this article and...

Retail
Forever 21 Could Be Sold To Real Estate Firms, Licensing Co. For $81M
February 03, 2020

With an offer that establishes a minimum price on the assets of the bankrupt merchant, Forever 21 Inc. came to a deal on Sunday (Feb. 2) to sell the chain of stores to a group of buyers that encompasses Brookfield Property Partners LP, Simon Property...

Digital Banking
ATMs Are Ahead Of Their Time — Again
February 03, 2020

The automated teller machine (ATM) debuted 51 years ago in the U.S., dispensing small preset amounts of cash … and that’s about it. They quickly faded into the décor of banks and street corners, becoming a prosaic feature of everyday life. And while some imagined...

B2B Payments
How HR’s Self-Service Shift Drives Payroll To Unlock Data
February 03, 2020

As open banking frameworks continue to encourage bank-FinTech collaboration, the financial services market is exploring new ways to unlock data — not only with banks, but with each other. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Reverse Factoring’s Late Payments Controversy
February 03, 2020

The conversation surrounding late supplier payments is proliferating as new controversies emerge about the impact of reverse financing on supplier payment practices, and as some high-profile businesses face their own late payments criticisms. Get the Full Story Complete the form to unlock this article and...

Regulation
APIs May Be The Key To Singapore’s Open Banking Future
February 03, 2020

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