News

Retail
Riding The Eco-Friendy Wave Into Swimwear
July 25, 2019

As of 2019, swimwear is among the favored startup paths for apparel founders looking to edge into the market.  PYMNTS has covered several of them, and they all paddle into the market with some interesting idea or innovation on how to improve a retail experience...

Retail
Barneys Looks To Raise Funds For Bankruptcy
July 25, 2019

Barneys New York’s bankruptcy filing could come as early as next week, as reports indicate the New York retailer is currently raising financing for said filing. Barneys has been hoping for a path to avoid bankruptcy amid a cash crunch brought on by spiking rents...

Retail
Retailers Up Their Loyalty And Rewards Games
July 25, 2019

Recent days have brought new evidence of the importance of robust loyalty and rewards programs in retail – an area of ongoing innovation, and where merchants of all types can stand apart in a fiercely competitive industry. Get the Full Story Complete the form to...

Retail
Building A Ridesharing App For Pets (And Their Owners)
July 25, 2019

SpotOn Founder Aparna Srinivasan was inspired to start her company because of her dogs. When she was traveling with them, it was tough for her to find a ride, especially to the airport. To see if other pet owners shared her same pain point, Srinivasan...

Retail
Mail.ru And Sberbank To Back Joint eCommerce Platform
July 25, 2019

As eCommerce sales in Russia gather pace, internet firm Mail.ru and Sberbank plan to invest up to $1 billion or 64 billion rubles in a new taxi services and food delivery joint platform. The joint venture is said to compete with Uber and Yandex.Taxi, Reuters...

Deep Dive: How APIs Can Help Drive Faster Payments
July 25, 2019

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 daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Security & Fraud
Phishing Remains A Persistent Problem
July 25, 2019

Because of the huge number of emails sent daily – by some estimates, 3.7 billion people send around 269 billion emails every single day – this type of online communication is vulnerable to phishing attacks. Recent research indicates 30 percent of targeted attempts are made...

B2B Payments
Amex Refunds $1.6M To SMBs Hit By Forex Fee Hikes
July 25, 2019

American Express is refunding some of its small business foreign exchange (forex) clients following an investigation into claims that the company misrepresented foreign currency conversion rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
India’s Jana Bank Left KYC Customer Data Exposed
July 25, 2019

A so-called “small finance” bank in India has reportedly left sensitive data on 2.6 million of its customers exposed without password protection, according to Security Discovery reports this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...