News

Retail
Foot Traffic Down During Thanksgiving, Black Friday As Internet Sales Surge
November 26, 2018

With the movement to shop online going on unabated, foot traffic to U.S. stores during Thanksgiving and Black Friday declined year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Black Friday Online Spending Jumped 24 Pct From 2017
November 26, 2018

Black Friday sales soared this weekend, with more Americans choosing to skip the crowds and do the majority of their holiday shopping online. Reuters reported that online sales rose more than 23 percent, hitting over $6 billion on Black Friday, according to data from Adobe Analytics....

Point of Sale
Mobeewave Founders On Igniting Contactless Payments In 2019
November 26, 2018

It has been written that “to every thing there is a season, and a time to every purpose.” 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...

Retail
Physical Stores Have Winning Position During Holiday Shopping
November 23, 2018

Digital is certainly the bee’s knees, the rad kid of commerce, the hippest person in the place. But don’t get too carried away — during the 2018 holiday season, most U.S. consumers will still do their shopping inside physical stores. Get the Full Story Complete the...

Cross-border Payments
European Privacy Laws Almost Keep Santa Down
November 23, 2018

Not even Santa can escape the limits of the privacy laws in Europe. But don’t worry — there is a happy ending (we don’t want to ruin your festive spirit on today of all days, after all). Get the Full Story Complete the form to...

Cross-border Payments
Danske Bank Whistleblower Lashes Out At UK Business Structures
November 23, 2018

Danske Bank’s whistleblower is lashing out at British company structures, calling it “a disgrace.” 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...

Retail
Layaway’s Visible Resurrection
November 23, 2018

Layaway — the system where a merchant holds an item aside for a consumer, usually for a small fee and a deposit, until the consumer finishes making installment payments on the item — was an invention of the 1930s, created by retailers to ensure that...

Banking
Cuscal On Digital Banking Done Down Under
November 23, 2018

In Australia, time for a purely digital bank? Cuscal is putting tech and funding behind 86 400, a bank done in bits and bytes, that looks to challenge the traditional banking model. Craig Kennedy, Cuscal managing director, weighs in on why AI and mobile, combined, can...

Retail
NRF Survey: 164M Shoppers This Thanksgiving Weekend
November 22, 2018

Thanksgiving will see as many as 164 million shoppers spending their way through the holiday weekend and into Cyber Monday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....