News

Security & Fraud
Digital Office Building Access Systems At Risk Of Hacks, IBM Finds
March 04, 2019

Offices buildings that use digital systems to let visitors in are at increased risk of hackers getting into their systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Neiman Marcus Arrives At Agreement ‘In Principle’ With Lenders
March 04, 2019

To lengthen the maturity of term loans and notes, Neiman Marcus and majority noteholders have reportedly come to an agreement. The information came to light through documents filed with the U.S. Securities and Exchange Commission on the morning of Friday (March 1), Retail Dive reported. Get the...

Retail
LEGO Wear, AR And Powering Sales With An Empty Pop-Up
March 04, 2019

In London, LEGO and Snapchat are partnering on a pop-up shop that combines many concepts that, if not opposite, are not normally associated with each other. It’s a shop, but doesn’t have any merchandise in it – from a quick glance, it’s a blank white...

Retail
Reimagining Hotel Booking Experiences Via Curated Mobile Apps
March 04, 2019

To help define travel for the next generation of adventurers, Porter & Sail is combining discovery and booking it leans toward full-platform experiences. The app seeks to be a one-stop shop for finding and booking a property, curating a stay, personalizing arrivals, engaging with the...

Retail
How Digital Platforms Innovate For Adventurers In The Airbnb Age
March 04, 2019

With people from around the world making connections through the web, digital marketplaces are offering common ground on which property owners and renters can meet. At the same time, however, these platforms are facilitating a more traditional sales need: They have to engage buyers and...

Partnerships / Acquisitions
Alibaba, Office Depot Team To Serve SMBs Online
March 04, 2019

In a pact aimed at selling online to small and medium-size businesses based in the United States, Office Depot and Alibaba Group Holdings Ltd. said on Monday (March 4) that they have launched a co-branded eCommerce site. Get the Full Story Complete the form to...

Regulation
ATM Association Weighs In On Cashless Retail Ban
March 04, 2019

Much has been made of the coming of the cashless society. 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...

Retail
Foot Locker Shares Soar After It Beats Wall Street Projections
March 04, 2019

Foot Locker shares surged 5.96 percent on Friday (March 1) after the company beat Wall Street’s projections and reported same-store sales growth of 9.7 percent, more than double the expected 4.6 percent. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Funding Circle Hits $2B In SMB Loan Volume
March 04, 2019

Alternative lending firm Funding Circle announced it has reached $2 billion in small business loans facilitated through its platform, a figure that it says exceeds some traditional U.S. bank SMB loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited...