News

Regulation
Regulations Hinder Growth Of Digital Payments In Vietnam
January 14, 2019

Vietnam wants to be a cashless society, according to a report in Financial Times, but bank regulations are hindering the country’s ability to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Kabbage Pay Later Gets Support From Alibaba
January 14, 2019

Kabbage, the financial services, technology, and data platform company for small businesses, announced Monday (Jan. 14) that it is powering the Pay Later program for U.S. buyers on Alibaba.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
UK Gov’t Taps Banking Heavyweights To Fight Money Laundering
January 14, 2019

Aiming to fight more financial crime, the U.K. government has recruited senior executives from Barclays, Lloyds Banking and Banco Santander. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Hackers Make $3.7M In Ryuk Ransomware Attack
January 14, 2019

Ryuk, a ransomware threat that has been spreading online, has earned the hackers more than 705 bitcoin in five months, which has an estimated value of $3.7 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
The ‘BreadBot’ Is Here, And Attempting Grocery Disruption
January 14, 2019

To provide an alternative to days-old bread that is baked off-site, startups are helping grocers bake bread within their own stores through interactive robots that do the heavy lifting. The BreadBot, which is a project of The Wilkinson Baking Company, is a fully automated breadmaking machine...

Retail
How Digital Marketplaces Within The Retail Ecosystem Are Gig Economy Portals
January 14, 2019

To take advantage of the freedom that the freelance lifestyle affords, workers with all sorts of talents and goals are tapping into the gig economy. These workers are completing tasks in order to fuel their passions or simply to provide supplementary income. Either way, many...

Partnerships / Acquisitions
Alibaba Debuts Partnership Program Dubbed A100
January 14, 2019

Alibaba Group announced over the weekend the launch of A100, a partnership program that offers a one-stop service to speed up companies’ digital transformations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Super Heroic, Bringing “The Batman Effect” To Children’s Shoes
January 14, 2019

Before launching his own brand of specialty footwear for children, Super Heroic Founder Jason Mayden had a pretty solid gig in the shoe industry. He was a global design director at Nike and, by all accounts, was at the peak of his career when he...

Retail
Chico’s FAS Plans To Shutter 250 Stores
January 14, 2019

To find ways to reduce costs and optimize its business, Chico’s FAS plans to study its operations and cut back on its store footprint. The retailer, which has more than 1,400 stores in the U.S. as well as Canada, is looking to shutter 250 stores...