News

Retail
Democratizing Luxury With Affordable Cashmere
May 23, 2019

Sometimes getting lost — even in an incredibly foreign or hostile place — can turn out to be a surprisingly profitable experience. That was a lesson learned by Naadam Founder and CEO Matthew Scanlan when he found himself lost in Mongolia’s Gobi desert and taken in...

Retail
Office Depot Experiments With Coworking
May 23, 2019

With coworking spaces as a growing commercial real estate category, Office Depot is reportedly experimenting with the concept. The retailer is “quietly” creating three spaces for coworking within existing brick-and-mortar locations, Fortune reported. Get the Full Story Complete the form to unlock this article and...

Banking
Lights Out For Loot?
May 23, 2019

When businesses get sold, the deals can happen for a variety of reasons. The buyers can be strategic, looking for technology or staff to help them get to the next level.  The reasons may be financial — and every so often, owners look to sell...

Retail
Amazon Develops Voice-Activated Device To Recognize Emotions
May 23, 2019

Amazon is reportedly developing a wearable device that is activated by voice to recognize human emotions. The effort is a collaboration between the Alexa voice software team and Lab126, which is a group behind the Echo smart speaker as well as Amazon’s Fire phone, Bloomberg...

Mobile Commerce
How Consumers Shop Using Smartphones For Food Vs Retail Goods
May 23, 2019

Despite efforts by major supermarket chains as well as third-party delivery services, online grocery shopping still hasn’t seen mass adoption in the U.S. In fact, only 3 percent of food is bought digitally. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
FX Fees Not The Only Cross-Border B2B Payments Pain Point
May 23, 2019

The European Union (EU) is introducing measures to reduce cross-border payment fees, which have emerged as a top pain point in the Eurozone when moving funds between a euro area Member State and a non-euro Member State. The effort is part of the European Commission’s...

B2B Payments
Serko Touts Corporate Australia’s Uber Adoption
May 23, 2019

Uber and rival ridesharing platforms like Lyft have taken off in the U.S. corporate travel segment in recent years, leading Uber to capitalize on the customer segment and develop Uber for Business. Now, that trend is spreading to new markets. Get the Full Story Complete...

B2B Payments
Deutsche Bank Discovers Years-Old AML Software Glitch
May 23, 2019

Deutsche Bank has discovered a software glitch in its anti-money laundering (AML) processes as regulatory pressure continues to stress the global banking sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
The SMB C-Suite’s Data Security Problem
May 23, 2019

In an environment of relentless cyber threats, small businesses (SMBs) still too often feel they are not targets for cyberattacks and data breaches. Less than two years ago, Manta researchers found that only 16 percent of small business owners believed they were at risk of...