News

Retail
Money Can’t Buy Love, But Can A Subscription Make It Stick?
September 16, 2019

There are plenty of apps that will help a consumer find love, or at least a reasonable simulacrum of it for an evening or two. But making love last has, until recently, been a less-explored opportunity to build a business. That service has mostly thus...

Retail
Amazon India Gears Up For Festival Season With Furniture
September 16, 2019

Preparing for the festival season, Amazon India has enhanced the range of its furniture department and played to its strength in the segment. The eCommerce retailer has reportedly seen its furniture business increase in the country by more than 120 percent during the last year,...

Retail
Delivering Restaurant Innovation With Mobile Tech
September 16, 2019

With more choices for fast-casual dining than ever before, diners can choose to eat in restaurants or tap into delivery whether they want pizza, sandwiches or entirely different fare. And, as consumers have many options, fast-casual and quick-service restaurants (QSRs) realize they must meet growing...

Retail
Analyst Boosts iPhone 11 Shipment Forecast
September 16, 2019

With the help of Chinese consumers, increased demand for new iPhones is coming out ahead of the expectations of one analyst. Ming-Chi Kuo increased his iPhone 11 series shipment forecast from 65-70 million units in 2019 to 70-75 million units, while noting the supply chain...

Investments
Plaid Gets Strategic Funding From Visa And Mastercard
September 16, 2019

Plaid, which focuses on APIs, said on Mon. (Sept. 16) that it has received strategic investments from Mastercard and Visa. The companies said in the announcement that the amounts were undisclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
For Big Tech, Antitrust Scrutiny Deepens
September 16, 2019

Now the letters fly from the U.S. Congress  — with an eye on documents that show the inner workings of Big Tech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Biometrics’ Role In SCA Compliance
September 16, 2019

Despite announcements last month that the deadline for Strong Customer Authentication (SCA) compliance will be extended, the original proposed deadline approaches next week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Plot Thickens as FBI Probes Alleged MyPayrollHR Fraud
September 16, 2019

Payroll and direct deposit fraud has gained ground, most recently spotlighted in continued developments tied to MyPayrollHR, which shuttered operations suddenly this past week and where millions of dollars have gone missing.  Change a few codes, and funds get diverted to fraudsters’ bank accounts —...

B2B Payments
Corporates Challenged By Digitization Beyond Vendor Payments
September 16, 2019

The announcement of Mastercard Track expanding into B2B payments last week represented a significant push for B2B payments modernization by one of the industry’s giants — and followed Visa’s own push in the B2B payments modernization space through the rollout of Visa B2B Connect in...