News

Security & Fraud
Child Tracking Smartwatch Vulnerability Could Leak Location Data, Voice Recordings
December 19, 2019

The peace of mind parents get with child-tracking smartwatches has been turned upside-down. A cloud-based security flaw has been allowing unauthorized people to monitor children’s locations, as reported on Wednesday (Dec. 18). Get the Full Story Complete the form to unlock this article and enjoy...

Retail
The Pivot That Made A Sustainable Brand A Consumer Staple
December 19, 2019

Sustainable fashion was “in” this year – with all make and manner of new and established brands advertising their clothes/shoes/accessories designed to be environmentally sustainable, particularly given how incredibly polluting the fashion industry is in terms of land use, water use and the 21 billion...

Ridesharing
Germany Ousts Uber Over License Issue
December 19, 2019

A German court on Thursday (Dec. 19) banished Uber from running its ride-hailing service in Germany because the company doesn’t have the right licensing, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Bringing A Revolving Art Gallery Into The Home With Subscriptions
December 19, 2019

Joe Clark remembers that when he was growing up, his parents belonged to the local art museum, and one of the perks of membership was that the museum had a collection members could borrow from, “kind of like a library book.” As a result, his...

Retail
Holiday Shoppers Forecasted To Return $41.6B In Products
December 19, 2019

With the growth of eCommerce sales, the number of products consumers are sending back to retailers is on the rise. As $50 billion in profits is left on the table each year, merchants are seeking new ways to contend with the problem, CNBC reported. Get the Full...

Retail
Smile! Retailers Want To Take More Of Your Pictures
December 19, 2019

Make sure you give your best smile when you are shopping in 2020. That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. Get the Full Story Complete the form to unlock this...

Retail
Ant Financial Invests In Vietnam’s eMonkey
December 19, 2019

In a move that was not announced due to concerns that anti-China sentiment in Vietnam could lead to potential pushback, China’s Ant Financial has quietly taken a significant share in the Vietnamese eWallet eMonkey. Ant Financial is a FinTech affiliate of the eCommerce company Alibaba...

B2B Payments
Rethinking The Roles Of Data, Accountants In SMB Finance
December 19, 2019

FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be replaced entirely by robots. Those concerns have eased somewhat, however, as FinTech firms assure accountants...

B2B Payments
How Open Banking, Faster Payments Change Banks’ Fraud Threat
December 19, 2019

An explosion of FinTech innovation has jump-started traditional financial institutions’ (FIs) digitization efforts. M&A initiatives and partnerships, Open Banking business models and data integrations, and significant investments in new, cloud-based products and services have legacy banks working intensely to meet customers’ digital demands. Get the...