News

Retail
Tesla’s Cybertruck Debuts At Los Angeles Event
November 22, 2019

At one of the firm’s signature promotional events in Los Angeles, Tesla CEO Elon Musk unwrapped the automaker’s Cybertruck all-electric pickup. The vehicle, which will start at $39,900, is designed in the form of a large metallic trapezoid, CNBC reported. Get the Full Story Complete...

Retail
L’Oréal’s Integration With Salesforce Brings eCommerce Boost
November 22, 2019

L’Oréal has been using various cloud-based enterprise and customer relationship management (CRM) solutions from Salesforce to sell its products online, resulting in a 48.5 percent boost in eCommerce sales in the first half of 2019. Get the Full Story Complete the form to unlock this...

Retail
Simon Debuts Multi-Brand Concept With Guesst
November 22, 2019

Simon Property Group has partnered with Retail-as-a-Service (RaaS) platform Guesst on a multi-brand experiential retail concept. 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...

B2B Payments
Why Carriers’ AR Hurdles Are Key To Solving Shippers’ AP Problems
November 22, 2019

Innovation in accounts payable (AP) is now largely being driven not only by challenges in the way businesses make payments, but also by friction in the way their vendors and business partners receive them. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Fraud Control, Business Travel, Staying Competitive In The Sharing Economy
November 22, 2019

In the $37 billion homesharing market, fraudsters are increasingly exploiting the speed and convenience that platforms promise. As Airbnb recently learned (in a big way), failing to validate the legitimacy of listings can sour consumer relationships, and lead to lost revenue. In the latest Payments...

B2B Payments
B2B FinTechs Diversify Funding Strategies With M&A, IPOs
November 22, 2019

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Security Concerns Prompt Fed To Strengthen Big Tech Oversight
November 22, 2019

Ongoing security concerns have prompted the Federal Reserve to further scrutinize big tech firms that serve the banking industry, The Wall Street Journal (WSJ) reported on Thursday (Nov. 21), citing a senior official. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Moving Issuers — And Auth Rates — Past Fraud Prevention To Revenue Protection
November 22, 2019

Fraud is hardly a new phenomenon in retail — in fact, it is probably safe to assume that fraud in some form or other has been there since the beginning. The minute the first shop opened for business, some fraudster likely got the idea to...

Payment Methods
Are Millennials Really Over Revolving Credit?
November 22, 2019

Consumers and their credit providers aren’t always aligned when it comes to best outcomes. For a customer using a revolving credit tool, such as a credit card, the best outcome is to pay their balance in full each month, which has the benefit of buying...