News

Retail
Amazon Raises Seller Fees Due To Digital Tax In France
August 19, 2019

With a 3 percent digital tax passed by the French government, Amazon is hiking seller fees for small and medium-sized businesses in France beginning in the fall. The eCommerce company cited the tax as the reason for the increase, CNBC reported. Get the Full Story...

Security & Fraud
Why Mobile Rewards Programs Attract Fraud
August 19, 2019

In the latest Mobile Order-Ahead Tracker, PYMNTS explores the latest developments in the world of QSR rewards programs and how credential stuffing and account takeovers are plaguing the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
 Ransomware Gains Traction, UK BEC Fraud Spikes
August 19, 2019

Ransomware, paid in bitcoin, is gaining traction as a way for fraudsters to bilk victims out of their money. Elsewhere, in the UK, business email compromise (BEC) scams are seeing a resurgence, with a doubling in activity as measured year over year.  

B2B Payments
 AppZen On The State Of Spend Auditing
August 19, 2019

Auditing expenses without the aid of technology is an inefficient endeavor — and errors or fraud can slip under the radar. AppZen found in recent research that most enterprises doing manual audits examine only 10 percent of their spending. Companies that use AI can audit 100...

Investments
Lendingkart Secures $2.95M From Sistema Asia Fund
August 19, 2019

Indian startup Lendingkart announced that it has raised $2.95 million in new funding from Sistema Asia Fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

International
UK Labour Party Wants To Reopen Closed Shops In New Plan
August 19, 2019

The opposition U.K. Labour party has announced a plan to let local government reopen closed storefronts that have been unoccupied for at least a year in an attempt to revitalize British high streets, according to a report by The Financial Times.  Get the Full Story...

Retail
UK’s Labour Party Wants To Take Over Vacant Retail Properties
August 19, 2019

The UK’s Labour party wants to allow local authorities to take over vacant properties in an effort to give the country’s retail market a boost. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
SoftBank Plans To Lend Staffers $20B To Invest In Tech Fund
August 18, 2019

SoftBank is ready to lend up to $20 billion to its employees so they can buy stakes in a fund aimed to spark investment in cutting-edge technology companies around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
What To Expect From Back-To-School Shopping
August 17, 2019

There is no set national date for the beginning of school in the United States because there is no set date to go back to school. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...