News

Retail
Eddie Lampert Submits $4.4B Bid To Save Sears
January 02, 2019

In an effort that could help preserve 425 locations and the jobs of up to 50,000 workers, Sears Holdings Corp. Chairman Eddie Lampert made a takeover bid of $4.4 billion for the company. The bid was placed by Transform Holdco LLC, an affiliate of the...

B2B Payments
Visa, Mastercard, Amex Stake Their Bets On B2B
January 02, 2019

When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Cards are still expected to account for only a minor fraction of B2B payments volume in accounts payable by the end of the year, after all,...

B2B Payments
Corporates Step Up To Welcome AI, Blockchain
January 02, 2019

In a recent report published by Protiviti and North Carolina State University, analysts found just how important technology and innovation are becoming for corporate executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
In 2019, Mobilize The Commercial Card: JPMorgan
January 02, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. One area of development that J.P. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. Get the Full Story...

Regulation
MA Pot Regs Under Review
January 02, 2019

The Massachusetts Cannabis Control Commission will not look into agreements between state municipalities and marijuana companies — despite the fact that cannabis advocates and legal experts believe the arrangements are unfair. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Gov’t Shutdown Affects IPO Deadlines
January 02, 2019

The partial shutdown of the U.S. government could cause serious problems for some initial public offerings. 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...

Banking
Big Banks Struggle With Generous Rewards Cards
January 02, 2019

U.S. banks are facing increased costs associated with their reward credit cards as a result of two years of increasing the rewards points they offered customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Hackers Cull Nearly $900K In 2018 Crypto Bug Bounties
January 02, 2019

New data shows that blockchain companies awarded $878,504 in bug bounties to hackers in 2018. 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,...

Payments Innovation
Turning Unplanned Spend Into Spend Management Innovation
January 02, 2019

In the middle of an otherwise productive day — one of those shifts when the whole team is not only ahead of schedule, but likely to get ahead of the game and take one or two extra jobs or tasks — few things can ruin that...