To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. Clothing stores, in particular, are trying out new ways to showcase and sell items. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores....
The subscription model has long brought consumers to movie theaters to spend a night out: MoviePass, for all of its recent challenges, has popularized the idea of movie-tickets-as-a-service available to consumers for a monthly fee. And it laid the foundation for kindred-spirit offerings, enabling subscribers...
Postmates announced that it is expanding into 134 new cities so that it now covers 60 percent of the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Macy’s and Marxent have announced a partnership that will enable the largest virtual reality (VR) rollout in retail history, with approximately 70 Macy’s VR installations in stores nationwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A new report says that more than 700,000 workers will be hired by U.S. retailers this holiday season — the largest number since 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The global regulatory framework of cryptocurrencies and blockchain remains either fragmented, vague or simply nonexistent. However, Swiss officials recently took steps to get ahead of the regulatory uncertainty surrounding the world of blockchain, focusing on a particularly large hurdle for companies in the industry. Get...
SWIFT controversy over the messaging system’s place on the world stage continues, and U.S. sanctions toward Iran loom. Elsewhere, digital payments are on the rise, and will keep rising, but infrastructure challenges remain.
Paper is now a notorious taboo in the corporate finance department. Yet, physical documents remain an inevitable, and sticky, part of financial management. For small businesses (SMBs), it’s often a matter of a lack of resources to invest in the technology necessary to fully digitize....
Volatility in the stock markets and rising rates may have ripple effects — among them a greater amount of risk tied to FX transactions. Karl Schamotta, chief market strategist at Cambridge Global Payments, says the era of cheap money might be over, and some business...
