News

Artificial Intelligence
All About The Bots – And Valuations, Too
July 09, 2018

In the land of startups, and valuations of startups, it’s all about the Benjamins. 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...

B2B Payments
UK Faster Payments Glitch Causes Backlog
July 09, 2018

A glitch in the infrastructure of the U.K.’s Faster Payments system has caused a backlog of transactions still waiting to clear hours later, according to BBC reports from Monday (July 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Macy’s Online Customers Warned Of Data Breach
July 09, 2018

After Macy’s cyber tools detected suspicious logins on June 11, the retailer is warning customers about a data breach. The retailer said that a threat targeted the profiles of customers for nearly two months, Detroit Free Press reported. Get the Full Story Complete the form...

Retail
The Warranty As An eCommerce Plug-In
July 09, 2018

Retailers face a challenge when it comes to offering warranties for their customers: A warranty program can take months to set up and launch. But offerings such as Mulberry Platform seek to dramatically speed up that timeline to under a day. Get the Full Story...

Retail
How Madewell Is Growing Up, And Reshaping Its Parent Firm
July 09, 2018

When J.Crew notched 1 percent same-store sales growth last month, it was a cause for celebration – particularly for a brand that has been somewhat stalled for the last several years. After an explosive burst of popularity of the early 2000s – when its lighthearted, preppy...

Retail
Nike Live To Provide Unique Shopping Experience For Loyalty Members
July 09, 2018

Nike is launching Nike Live, a new shopping concept for local members of the company’s NikePlus loyalty program. The first location, Nike by Melrose, will open on July 12 on Melrose Avenue in Los Angeles. Get the Full Story Complete the form to unlock this...

B2B Payments
Santander Bridges SMBs With China
July 09, 2018

U.K. bank Santander is hoping to bridge local small businesses to the Chinese market, and is kicking off a series of networking events that bring entrepreneurs to Shanghai. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Fed: Banks Reverse Corporate Lending Slump
July 09, 2018

In a sign of strength for the U.S. economy, banks are reporting that business loans are on the rise. According to The Wall Street Journal, preliminary second-quarter data from the Federal Reserve indicates that the year-over-year growth rate of business loans rose to 5.5 percent...

B2B Payments
Amid Economic Vigor, Small Firms Struggle To Find Talent
July 09, 2018

The latest jobs report by the U.S. Department of Labor signaled a healthy employment environment for June as 213,000 positions were added in the month, surpassing earlier expectations. Analysts noted an upward revision of job gains in April and May, too. Get the Full Story...