News

Security & Fraud
Experts Say China’s Cyberattacks To Intensify
December 22, 2018

China will not stop its cyberespionage campaign against America any time soon, an expert told CNBC. Michael Fuchs, a senior fellow at the Center for American Progress, said the attacks will continue for the foreseeable future. Get the Full Story Complete the form to unlock...

Artificial Intelligence
Analysts Say Siri Has Gotten Smarter, But Lags The Competition
December 21, 2018

Apple’s voice assistant, Siri, has made some major improvements in the last few months, CNBC reported. 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...

Delivery
Reliable Delivery Makes Amazon Customers’ First Choice For Holiday Shopping
December 21, 2018

The holiday shopping season can be hectic and stressful, especially when dealing with shipping presents on time. When it comes to reliability and confidence, most customers trust Amazon the most, according to a report in The New York Times. Get the Full Story Complete the...

Investments
Grab To Top $7.5B In Growth Capital With SoftBank’s Latest $1B
December 21, 2018

Southeast Asia’s Grab might be in for more funding: SoftBank’s Vision Fund may invest $1 billion in the ride-hailing company, according to The Telegraph, and is reportedly nearing a deal. Grab has notched $2.7 billion in funding this year alone and has raised more than...

Retail
Why Off-Price Retailers Are More Than Just Surviving In The eCommerce Age
December 21, 2018

It’s a tale of two kinds of brick-and-mortar retailers amid the rise of eCommerce: Some traditional department store chains like JCPenney and Macy’s are shuttering stores, as some retailers with other business models are more than surviving. TJX, the owner of off-priced retailers like T.J....

Retail
Mariana Tek On Bringing Concierge Service To Boutique Fitness Booking
December 21, 2018

According to the International Health, Racquet & Sportsclub Association (IHRSA), global “health club” revenue totaled $81 billion in 2015, with 151.5 million members visiting nearly 187,000 clubs. And though general use gyms make up the bulk of that activity, boutique fitness firms have carved an...

Retail
Food Pop-Ups Move Up To Retail’s Adult Table
December 21, 2018

About 1,200 miles, one time zone and significant differences in climate and culture separate New Orleans and Philadelphia, but on Monday and Tuesday nights, that distance can seem much smaller. That’s when Yinzer’s Amazing Cheesesteaks, a 3-year-old food pop-up, serves its goods to bar patrons...

Retail
Gymboree Eyes Bankruptcy Loan
December 21, 2018

With a potential Chapter 11 filing on the horizon, Gymboree Group Inc. is reportedly looking for a bankruptcy loan. That financing could allow some of the retailer’s stores to remain operating as the company seeks a buyer, The Wall Street Journal reported. Get the Full...

Retail
New Products Bolster Nike’s Digital Sales
December 21, 2018

With new products bolstering online sales of apparel and footwear, Nike came out ahead of Wall Street quarterly estimates. The company’s stock rose 7 percent on the news on Thursday (Dec. 20), Reuters reported. Get the Full Story Complete the form to unlock this article...