News

Retail
Luxury Brands Vacate Hong Kong Leases
January 21, 2020

As the retail luster of Hong Kong dissipates, luxury fashion retail brands LVMH and Prada are dropping their leases. At the same time, prime retail rents fell late last year as social unrest impact commerce and discouraged many of the Mainland China visitors who back...

Retail
How Ghost Kitchens Are Altering The QSR Landscape
January 21, 2020

As more consumers place their food orders through digital channels, eateries are adapting to the tastes of diners who want to enjoy a restaurant meal at home. P.F. Chang’s, in one case, is set to open a P.F. Chang’s To Go location in Chicago that will focus on...

Retail
As Virtual And Augmented Reality Rise, Retail Use Cases Come Into Focus
January 21, 2020

Don’t look now, but virtual reality and augmented reality are starting to make bigger gains in the retail world. These are still early days but trends are coming together — and expectations are rising, thanks not only the evolution of AR and VR technology, but the...

Retail
The Power (And Problems) Of Personalizing DTC Beauty
January 21, 2020

While it might not be true that everyone is seeking better hair, the roughly $87.9 billion spent annually on haircare products indicates that it’s a concern for an awful lot of consumers worldwide. For most people, the quest for really good hair can literally last...

Retail
High Times Plans Brick-And-Mortar Locations
January 21, 2020

As it moves into the business of cannabis retail and hangs out its shingle in the industry, High Times is opening its own brick-and-mortar stores this year. The storied 45-year-old publication advocates for cannabis legalization, Yahoo Finance reported. Get the Full Story Complete the form to unlock...

Security & Fraud
Fraud Decisioning Adapts To Shifting Conditions
January 21, 2020

Just when you think there are no surprises left, this statistic drops: 60 percent of organizations recently polled had no idea their customer data had been breached, because their payments system and process is too opaque to detect it. That’s surprising in 2020 – or...

Alternative Finances
Disrupting The Security Deposit With Insurance
January 21, 2020

Affordable housing in many American cities has reached crisis levels. For those looking for officially government-certified affordable housing, the average time on the waiting list is two years, though in some U.S. metros that time can extend to a decade and beyond. And that is...

Payments Innovation
Rapid Settlements To The SMB Rescue
January 21, 2020

The overwhelming majority of U.S. businesses are small businesses — close to 90 percent of U.S. companies employ fewer than 20 people. Of those, four in 10 generate less than $100,000 in annual revenue. We’re talking about roughly 29 million small companies that collectively represent...

Payments Innovation
Venmo Launches Animated Custom Stickers For App Users
January 21, 2020

As of today (Jan. 21), users of cash-sending app Venmo will have the ability to send animated custom stickers through the app’s newsfeed. The stickers include an animated coin jar with a heart and the words “With Love,” a cartoon figure running on a spinning...