News

Retail
JCPenney Plans To Shutter Three Locations
January 09, 2019

As JCPenney continues to look into its performance, the retailer said on Tuesday (Jan. 8) that it is intending to shutter three locations in the spring. The company did not say the locations of the stores it is seeking to close and is looking to provide...

Retail
Walgreens Brings Mobile Technology To Stores
January 09, 2019

To help improve the productivity of workers and enrich the customer experience, Walgreens is tapping into mobile technology as it bridges the digital and brick-and-mortar store experiences. The pharmacy chain is bringing enterprise-class handheld tablets and mobile computers from Zebra Technologies Corporation into its stores...

B2B Payments
Faster Payments, Open Banking Should Keep Treasurers On High Alert
January 09, 2019

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch. Get the Full Story Complete the form to unlock this article and...

B2B Payments
SoftBank Reins In Plans Of Additional $16B WeWork Investment
January 09, 2019

SoftBank is — yet again — increasing its stake in New York-based workspace sharing company WeWork, though the investment is significantly smaller than what SoftBank had reportedly been considering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
EY, Kinaxis Link Up For Supply Chain Digitization
January 09, 2019

Professional services and accounting firm Ernst & Young (EY) and supply chain management firm Kinaxis are joining forces to modernize their joint customers’ supply chains, the companies said in a press release on Tuesday (Jan. 8). Get the Full Story Complete the form to unlock this...

B2B Payments
Small Businesses At The Center Of Bots Vs Accountants
January 09, 2019

Behind many shifting trends in small business (SMB) financial services — the rise of FinTech service providers, the emergence of artificial intelligence (AI), even regulatory efforts to promote bank switching — is a growing realization for the industry: Business owners don’t just want number crunchers...

B2B Payments
Small Business Optimism Begins Its Downswing
January 09, 2019

After record levels of optimism among U.S. small business owners last year, it appears the trend may be over. 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...

B2B Payments
Reliant Funding Launches SBA Loan Service Amid Government Shutdown
January 09, 2019

Small business finance company Reliant Funding is launching a new program that can link borrowers to faster, short-term capital while they wait for loan funds from the Small Business Administration (SBA). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Luxury Retail, Luxury Fraud: How Neiman Marcus Is Battling Fraudsters
January 09, 2019

Retailers are increasingly using new tools to differentiate between legit and fraudulent transactions. In the latest Digital Fraud Tracker, Neiman Marcus’ Chief Information Security Officer Shamoun Siddiqui tells PYMNTS how AI tech helped the retailer stay a step ahead of the crooks this holiday season.