News

Retail
Magic Mirror On The Wall, Is AR The Innovation For Retailers All?
November 19, 2019

Among the more frequent semi-serious critiques of trying on an outfit in a store is that the dressing room mirrors are somehow out to get you. The combination of questionable lighting, odd angles and slightly off perception often leave shoppers wondering, when they get home,...

Retail
Macy’s Hacked In Magecart Attack
November 19, 2019

As its website has been hacked with code that steals shoppers’ payment information, Macy’s announced it has experienced a data breach. The website was compromised in early October, and a malicious script was added to the My Wallet and Checkout pages, Bleeping Computer reported. Get...

Retail
Creating Coffee Good Enough To Eat
November 19, 2019

Eat Your Coffee CEO and Co-founder Johnny Fayad was in college in Boston when he helped come up with the idea to make energy bars. He and his co-founder were in the same accounting class during his freshman year. As typical busy students, they didn’t have...

Retail
How Digital Tech Can Increase The Reach Of Santa And His Letters
November 19, 2019

Even in this digital age, it’s still a tradition: writing letters to Santa. And as the holiday season approaches, that letter-writing is one example of how retailers and other organizations operating in retail in vital ways are getting into the spirt. Get the Full Story...

Retail
Estee Lauder Agrees To Buy Asian Beauty Brand
November 19, 2019

In what is reportedly its first acquisition of an Asian beauty brand, Estee Lauder Cos. has agreed to purchase two-thirds of Dr. Jart+ cosmetics owner Have & Be Co. for approximately $1.1 billion. Dr. Jart+ was founded in Seoul in 2005 and sells masks, moisturizers,...

Investments
TRM Labs Raises $4.2M In Funding Led By PayPal Ventures
November 19, 2019

Cryptocurrency risk management platform TRM Labs announced that it has raised $4.2 million in funding from Initialized Capital, Blockchain Capital, PayPal Ventures, and Y Combinator. This round brings TRM’s total amount raised to $5.9 million. Get the Full Story Complete the form to unlock this...

B2B Payments
How Cannabis Companies Can Leapfrog Into Payments Digitization
November 19, 2019

The compliance burden of a legal marijuana business having to manage regulations that vary by state, and between the state and federal level, has created a banking conundrum for a market forced to rely heavily on cash. Get the Full Story Complete the form to...

B2B Payments
AP Firms Promote Card Acceptance, Speed For Suppliers
November 19, 2019

The siloes between accounts payable (AP) and accounts receivable (AR) continue to come down as service providers recognize the importance of facilitating payment acceptance as much as the capabilities of making those payments in the B2B context. Get the Full Story Complete the form to...

Ridesharing
China’s Didi Plans Rollout Of Robo-Taxi In Shanghai
November 19, 2019

Chinese ride-hailing leader Didi Chuxing is planning to bring a robo-taxi service to Shanghai, CNBC reported on Tuesday (Nov. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....