News

Retail
Building A Digital And Subscription Community For Hockey Parents
November 26, 2019

To help hockey players stay up to date on the latest sports equipment, eCommerce innovator the PenaltyBox offers subscription boxes comprised of a myriad of hockey essentials, from well-known brands to up-and-coming companies the PenaltyBox team tests themselves. They keep their business personal: the product...

Retail
Luxury Retail Steps Up Its Offline And Online Game
November 26, 2019

Luxury and upscale retail are undergoing some significant changes as the holiday shopping season kicks off and a new decade approaches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Best Buy Reports 15 Pct Rise In Domestic Online Sales
November 26, 2019

With a boost from eCommerce orders, Best Buy Co. notched another quarter of rising sales and management provided a more upbeat forecast for the important holiday season than it did over the summer. The result came with a 15 percent rise in domestic eCommerce sales,...

Retail
Google Bid Against Unnamed Firm For Fitbit Deal
November 26, 2019

A recent SEC filing revealed that two companies were aggressively bidding to buy Fitbit. Although multiple firms met with the company to talk about an acquisition, it was only Google and a mystery firm that ultimately came through with serious bids, CNBC reported. Get the Full Story Complete the...

B2B Payments
Accounts Receivable Begins To Tackle Payables Friction
November 26, 2019

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. But as the latest PYMNTS Next-Gen AP Automation Tracker report highlights, adoption of AP automation technology continues to face challenges. While nearly half of AP departments surveyed said reporting...

B2B Payments
Turning Compliance Burden Into FinTech-Regulator Collaboration
November 26, 2019

Lithuania wants to become a global FinTech powerhouse. In recent years, the market has gone from one struggling with high financial illiteracy and limited card acceptance, to a bright spot in Europe for FinTech innovation. Get the Full Story Complete the form to unlock this...

Banking
Bank Branch Closings Take Toll On Rural Communities 
November 26, 2019

More than half of the 3,114 counties in the U.S. lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the closures, according to research from the Federal Reserve released on Monday (Nov. 25).  Get the Full Story Complete the form...

B2B Payments
Middlegame Launches €150m FinTech Fund
November 26, 2019

MiddleGame Ventures has launched a new €150MM fund targeting FinTech investments in Europe and North America. 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...

Security & Fraud
FBI Probing Hack Of US Electricity Providers
November 26, 2019

The FBI is investigating a hacking campaign that targeted more than a dozen U.S. utilities, some of which are located near critical infrastructure. According to The Wall Street Journal, researchers at a Silicon Valley cybersecurity company discovered the cyberattack attempts. The FBI has contacted some...