News

Security & Fraud
Travelex Systems Back Online; Customers Receive Refunds
January 13, 2020

Foreign exchange company Travelex is back online with some of its electronic services after its system was brought down by hackers nearly two weeks ago, Reuters reported on Monday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Kohl’s CEO Defends Amazon’s Role In Helping Drive Traffic, Sales
January 13, 2020

How good of a pal is Amazon to other retailers? That’s the question getting traction over the last few days, thanks to the less-than-stellar holiday sales at Kohl’s. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Global Payments
MoneyGram Teams With EbixCash To Bring Transfers To India
January 13, 2020

Payments solutions firm EbixCash is bringing cash card solutions to India with a MoneyGram partnership, MoneyGram announced on Monday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
IAN Eyes Startup Funding With Caspian Debt
January 13, 2020

The Indian Angel Network (IAN) has announced a Memorandum of Understanding (MOU) with Caspian Debt, a provider of debt and equity capital, in an effort to promote diversified funding for startups and small businesses. Get the Full Story Complete the form to unlock this article...

Retail
Walmart Will Add Shelf-Scanning Robots To More US Stores
January 13, 2020

As it grows its collection of robots, Walmart will bring shelf-scanning robots to 650 additional stores in the United States by the conclusion of summer. The Bossa Nova devices, which are six feet tall, move through aisles, and send alerts to the handheld devices of employees when...

Retail
Authenticating Luxury Goods, Remotely And Reliably
January 13, 2020

There is no shortage of online marketplaces for consumers seeking luxury goods, slightly used. The challenge, however, is knowing they are actually getting the real deal. Counterfeiting is a thriving global business that is expected to rake in around $1.8 trillion by the end of 2020. That’s a massive...

Retail
Why Health And Fitness Are Driving More Retail Change
January 13, 2020

Fitness and wellness are helping to change the face of retail in 2020. 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 Today....

Retail
Knitters Expand Their Craft With Subscriptions
January 13, 2020

Before Megan Graddy co-founded the PostStich knitting subscription service, she had served as a publicist and had segued into small business marketing. Her mother, Amy Rosenbaum, was a longtime knitter who had worked in yarn stores in Florida and had a knack for selecting projects for her...

Retail
India’s Antitrust Body Calls For Investigation Into Flipkart, Amazon
January 13, 2020

In an order on Monday (Jan. 13), the antitrust body of India said it has called for a probe into potential competition law violations by Walmart’s Flipkart and Amazon.com Inc. Both firms deny the claims, CNBC reported. Get the Full Story Complete the form to...