News

Retail
Apple’s App Store Generated About $50B In 2019 Revenue
January 08, 2020

With an increase from the $120 billion made known in January 2019, Apple has paid $155 billion to developers as of 2008. According to a CNBC analysis, Apple’s App Store had sales maxing out at $50 billion last year – with the assumption that developers...

Retail
Holiday Shoppers May Have Favored Non-Mall Retailers
January 08, 2020

Department store chains in the United States might have experienced another disappointing holiday season, with the category of retailers that includes Macy’s, Nordstrom and JCPenney seeing overall sales drop 1.8 percent from Nov. 1 to Dec. 24, per Mastercard Spending Pulse. Get the Full Story...

B2B Payments
Commercial Cards Find Opportunity In Transparency, Lower Fees
January 08, 2020

There is more than one way to drive commercial card innovation. 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. By completing...

B2B Payments
Mobile Payment Terminals Get B2B-Ready
January 08, 2020

Square‘s mobile card reader undoubtedly made a significant impact on the mobile point-of-sale (mPOS) market, and kick-started a slew of recent innovations to broaden the ability for small to medium businesses (SMBs) to accept payments just about anywhere. Get the Full Story Complete the form...

B2B Payments
How Payroll Evolves Alongside Cross-Border Payments
January 08, 2020

Workforces are going global. Discovering and hiring talent from across borders is now easier than ever. For many businesses, hiring in other markets is not only more affordable, but can ensure that their global ambitions are supported via boots on the ground within those new...

International
Intel’s Mobileye Plans To Pilot Robotaxis In South Korea
January 08, 2020

Mobileye will test and eventually launch a set of robotaxis in Daego City, South Korea, per an agreement reached this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Mobile Payments
Tencent, UnionPay Agree On QR Code Standard To Streamline Mobile Payments
January 08, 2020

Caixin Global reports that Chinese mobile transaction company Tencent has decided to combine part of its authentication software with government-owned rival UnionPay. This collaboration will expand UnionPay’s market penetration and further a Chinese government initiative for same-sector partnership. Get the Full Story Complete the form...

Security & Fraud
Why Travel Is A Popular Destination For Fraudsters
January 08, 2020

The excitement of the winter holidays is over, and that leaves only one thing: the annual bout of existential dread that comes from all of the cold, snow and ice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Forever 21 Faces Lawsuit For Allegedly Using False Sales Data
January 08, 2020

Retail chain Forever 21, now in the final stages of bankruptcy, was sued by an Alabama mall owner who said the company misrepresented critical sale projections, according to published reports Tuesday  (Jan. 7). Get the Full Story Complete the form to unlock this article and...