Luxury retail company Saks Fifth Avenue is closing a two-year-old location at Manhattan’s Brookfield Place, a move that spotlights the intensifying competition from other high-end retailers for physical space amid shoppers’ exodus to online shopping. Get the Full Story Complete the form to unlock this...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest about the big Marriott data breach, and a new kind of a corporate appointment for Mastercard. U.S. lawmakers want to combat tech theft from China...
Goldman Sachs has boosted interest rates for Marcus savings accounts, according to a report from CNBC. 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...
Indian tech startups had a huge year in 2018, but the way the money is being distributed has some experts concerned about the future of the country’s financial ecosystem, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...
A New York State politician announced the creation of what he called the nation’s first cryptocurrency task force, to “study how to properly regulate, define and use” the currency, according to a Facebook post and reports. Get the Full Story Complete the form to unlock...
Following reports of its data breach last year, Marriott said on Friday (Jan. 4) that the total number of guest records involved in a Starwood database security incident was less than initially disclosed. And, while the hotel company said that the number of passport numbers...
Tokenization of publicly traded stocks – might crypto have found a use case that is global in scope? 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...
Before Melissa Mash was CEO of up-and-coming DTC handbag company Dagne Dover, she’d spent a surprising amount of time in retail. As a college undergrad, she found internships with a clothing and bedding designer, and with the jewelry company Henri Bendel. Get the Full Story...
To serve students and professionals looking to catch up on sleep between classes or work projects, so-called sleeping pods are coming to venues like offices and universities. HOHM, for instance, recently brought its pods to the campus of the University of Arizona. The company’s founder...
