Months after Toys R US liquidation its holdings in the United States, merchants have taken up space left behind by the toy retailer. The buildings are said to have modest rents and longer leases in comparison to modern-day standards, The Wall Street Journal reported. Green...
Amid the holiday season, total retail sales in the United States jumped by 5.1 percent from Nov. 1 to Dec. 24 compared to the prior year. The sales figures, which were provided by Mastercard SpendingPulse, did not include automobiles and are said to show the...
Daniel Houseman, partner at KPMG, contributed the following piece as part of the PYMNTS 2018 year-end eBook. 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...
Blockchain seemed to be stuck in pilot phase in 2017, but in 2018, the financial services industry finally saw a stronger flow of real-world, working blockchain applications — many of which targeted pain points in B2B payments, including the time and lack of transparency in...
This year was a record one for corporate and small business optimism in the U.S. A strong national economy and plans to expand and welcome rising revenues allowed business owners and executives to retain a positive outlook, despite potentially disruptive issues like a global trade...
Open banking didn’t just kick off via PSD2 regulations across Europe and the U.K. Rather, banks around the globe began to understand the potential value in opening up customer data to third-party players, and with more bank APIs emerging in 2018, the year saw a...
JCB subsidiary CB International has rolled out a new EMV QR code payment service that will allow the cardholder to make contactless payments using a QR Code. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
China has taken over as the world’s largest logistics market, spending a whopping 12.1 trillion yuan (US$1.76 trillion) in logistics costs last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
U.S. banks are keeping their distance from money transmitters sending cash to Mexico, as worries about money laundering and increased regulatory scrutiny ensue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
