News

Banking
Goldman’s Digital Roadmap, As Marcus Lands $46B In Deposits
April 16, 2019

Trading slump, yes. Goldman Sachs is still, of course, tied to the vagaries of investors’ back-and-forth on Wall Street, as evidenced by its latest earnings report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
How Mobile Wallets Tap Into Consumer Security At The Pump And C-Stores
April 16, 2019

From fuel pumps to convenience stores (C-stores), many consumers worry about the security of their personal financial information. An ACI Worldwide and YouGov survey, for instance, found that more than six in 10 – or 62 percent – of U.S. adults are concerned about the...

Retail
Is This The End Times For Brick-And-Mortar Retail?
April 16, 2019

Retail apocalypse? Mere culling of the herd? Whatever you want to call the decline of brick-and-mortar retail – and it’s getting worse, according to a few recent reports – it’s not good. That said, there is always opportunity in the strangest of places. Among the latest...

Retail
Best Buy Appoints New Chief Executive
April 16, 2019

As part of Best Buy’s succession plan, Corie Barry will become the company’s chief executive, effective in mid-June. Barry takes over for Hubert Joly, who is credited for reviving the electronics retailer products services, CBS News reported. Get the Full Story Complete the form to...

Unattended Retail
How Unattended Retail Sells Loyalty
April 16, 2019

More than 75 percent of loyalty program members say the offerings make them more likely to be repeat customers. But for many unattended retailers, establishing that connection can be challenging — if not impossible, says Justin Ning, ID TECH’s VP of product management. In this...

B2B Payments
Deutsche Pressured To Trim US Investment Bank
April 16, 2019

Deutsche Bank is reportedly being pressured by European regulators to trim its U.S. investment bank further after years of concerns that the unit is too large and too unprofitable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Funding Options Criticizes UK Approach To Late SMB Tax Payments
April 16, 2019

Alternative small business lending platform Funding Options has criticized U.K. tax authorities’ approach to small businesses that fall behind on tax payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Cambodia, Singapore In X-Border FinTech Pact
April 16, 2019

The central banks of Singapore and Cambodia have struck a pact to work together on FinTech development. Elsewhere, the Federal Reserve may take a closer look at community bank and FinTech collaborations.

B2B Payments
What Anonymous B2B Trade Means For The Buyer-Supplier Relationship
April 16, 2019

The buyer-supplier relationship is viewed as a strategic component of commerce, procurement, supply chain management and the overall success of a business. Yet, the needs of both buyer and vendor are changing as supply chains globalize, and as transactions become more complex — and those...