News

International
European Bank Stocks Down A Collective 25 Percent
December 27, 2018

It’s been a difficult year for European banks, and shares in 2018 were the worst since the eurozone crisis, according to the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Danske Loses Over $15B In Value In 2018
December 27, 2018

While Danske Bank’s shareholders started out the year feeling confident, the financial institution’s involvement in a massive money laundering scandal has led to its stock falling almost 50 percent in 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
US Gov’t Offers Furloughed Workers Form Letters For Creditors
December 27, 2018

The agency that handles the federal workforce suggested that furloughed workers affected financially by the government shutdown could offer to pay only some portions of bills and suggested contacting lawyers to deal with creditors. Get the Full Story Complete the form to unlock this article...

Global Payments
Wirecard Teams With Cimple For Alipay, FamilyMart Plans Mobile Payment Service
December 27, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Wirecard’s collaboration with Cimple Marketing for Alipay in Europe. In addition, Japan’s FamilyMart plans to roll out a mobile payment service, Khalti teamed up with food delivery company Foodmandu for digital...

Retail
Purple Mattress’s Path Through The Crowded Direct-To-Consumer Mattress Market
December 27, 2018

The mattress market in the United States has become a shocking competitive place. Once dominated by a sales model largely dependent on consumer confusion and complex sales calendars has in the last few years become a race between various direct-to-consumer mattress shops that have disrupted...

Retail
2018 Recap: The Year In ResTech Innovations
December 27, 2018

It has been a year of innovations for quick-service restaurants (QSRs), with chains rolling out new digital technologies to help diners order and pay for food without having to wait in line. From kiosks to online ordering and drive-through lanes, these merchants sought to provide...

Retail
The Year Of The Pop-Up Shop
December 27, 2018

Pop-up shops welcomed consumers in malls and major U.S. cities this year, with big brands testing retail concepts “in real life” with temporary spaces. And, in some cases, brick-and-mortar retailers brought these concepts to their sales floors with their own takes on pop-up shops. Get...

Retail
Gap Makes Plans To Move Out Of Fifth Avenue Store
December 27, 2018

The three-level Gap store on Fifth Avenue in New York City is shutting down next month — and more retail locations might soon follow suit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Lululemon Opens Pop-Up Library With Penguin Random House In NYC
December 27, 2018

Lululemon announced that it has partnered with Penguin Random House for a pop-up library in New York City. 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...