News

Retail
Kroger Slows Down Pace Of Store Refurbishments
November 21, 2019

After attempting to renovate too many locations and sell too many new products at once, Kroger Co. is going back to the basics of grocery retail. The U.S. supermarket company is intending to refresh stores at a slower clip to keep more locations fully operational,...

Retail
Amazon Unveils Smart Shelves For Re-Ordering
November 21, 2019

To help companies automatically purchase office supplies when they run low, Amazon announced the Amazon Dash Smart Shelf. The device is a new scale that also serves as a shelf for office supplies, and, when the weight falls, it can realize that companies are running low and...

Digital Banking
Deep Dive: How Emerging AI Data-Driven Models Influence The Fraud Fight
November 21, 2019

Bank and credit card fraud losses are likely to reach $44 billion by 2025, and new fraud types — like attacks from false mobile banking apps — are cropping up more frequently. Both cybercriminals and financial institutions (FIs) are relying on one essential component to...

B2B Payments
Banks, FinTechs Connect Businesses To Real-Time Payments
November 21, 2019

Consumer demand, technological innovation and the evolution of the payment service provider landscape are driving faster payments adoption in the U.S., according to Fiserv Vice President of Payments Strategy and Solution Consulting Deva Annamalai. Get the Full Story Complete the form to unlock this article...

B2B Payments
How Overlay Services Can Break SMB Financial Data Out Of Silos
November 21, 2019

The rise of the cloud and Software-as-a-Service (SaaS) has transformed the way businesses operate, digitizing valuable data with the potential for deeper, more insightful analytics and smarter decision-making. However, this shift comes with a major drawback. Get the Full Story Complete the form to unlock...

eCommerce
Discover: What’s Around The Corner For Merchant Payments?
November 21, 2019

For merchants, divining the future of payments — in essence, anticipating what’s next — means looking around corners, thinking about what consumers want, and will want and then laying the technological groundwork ahead of time. Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Why Partnerships Matter As ISVs Seek To Provide Merchant Value
November 21, 2019

Independent software vendors (ISVs) have to navigate a brave new world where megamergers are reshaping financial services. And the decision to offer payments may lure some to become payments facilitators (PayFacs). But in an interview with Karen Webster, Daniela Mielke, CEO of RS2, says ISVs...

Payments Innovation
Can AI Solve Home Sharing’s Fake Listings Problem?
November 21, 2019

Consumers lost some $430 billion to fraudsters via online platforms in the past two years, and that figure shows no sign of declining. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Flipkart Invests $4M In EasyRewardz To Boost Customer Engagement
November 21, 2019

Flipkart announced that it has invested $4 million (about Rs 29 crore) in rewards platform EasyRewardz in India, giving Flipkart a 20 percent stake in the startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...