News

Security & Fraud
Symantec Spots Attacks On West African Financial Institutions
January 17, 2019

Hackers are targeting financial firms in the Ivory Coast, Cameroon, Congo, Ghana and Equatorial Guinea, using commodity malware and living off the land tools, reported Symantec, the cybersecurity company, in a new blog post. Get the Full Story Complete the form to unlock this article...

Retail
Mobile Checkout, Resetting Store Experiences And Fairway Market’s Fight To Stay Relevant In NYC
January 17, 2019

While innovative grocery has been in the news heavily over the last several years — with seemingly every name in the game trying to keep pace with each other in terms of online ordering, delivery services, friction-free checkout and a whole host of other digital...

Retail
How Shopgoodwill.com Authenticates Luxury Goods With AI Tech
January 17, 2019

Traditional eCommerce and brick-and-mortar merchants aren’t the only organizations that market luxury goods like handbags. ShopGoodwill.com, an eCommerce auction platform that was created by Goodwill of Orange County and is still operated by the organization, offers the same kinds of items on its site. Over 120...

Retail
Why L’Occitane Bought Elemis
January 17, 2019

Earlier this week, Hong Kong-listed luxury cosmetics firm L’Occitane International SA announced its intended $900 million acquisition of British beauty and skincare brand Elemis. The deal is the latest in a spate of acquisitions of high-end skincare brands. In 2017 Natura Cosmeticos SA’s bought the Body Shop from...

Retail
Signet Jewelers To Pay $11M After Creating Fake Accounts
January 17, 2019

According to a settlement that was signed with a wholly owned subsidiary, Signet Jewelers Ltd. is to pay federal and state regulators penalties of $11 million for allegedly opening fake store card accounts. Sterling Jewelers, a subsidiary that operates over 1,500 locations across the country with different...

B2B Payments
Conflicting Research Leaves Doubt Over Small Business Confidence
January 17, 2019

After months of record highs, small business optimism has apparently begun a downswing — or has it? 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...

B2B Payments
Workforce Shifts Bring About Payroll’s Own Evolution
January 17, 2019

The evolution of payroll is all about pushing back against the notion of one-size-fits-all. As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. Get the...

B2B Payments
Goldman Sachs Backs Alternative SMB Lender Capify
January 17, 2019

U.K.- and Australia-based Capify, an alternative finance provider targeting small firms, has landed a $96.6 million investment from Goldman Sachs, the company said on Wednesday (Jan. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
API Exchange Debuts In Hong Kong
January 17, 2019

More than 200 APIs will be made available from more than a dozen banks in Hong Kong through JETCO, backed by Union Pay. Elsewhere, Ripple's xRapid sees further adoption, while SWIFT has published a standard for its Pay Later API.