News

Security & Fraud
Target Confirms Bitcoin Twitter Scam
November 13, 2018

Target’s Twitter account got hacked earlier Tuesday (Nov. 13), with the bad guys using the retailer’s Twitter feed to trick unsuspecting consumers into giving away cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Global Payments
Western Union Teams With HKT Payment Limited, Maybank Brings QR Payments To KFC Malyasia
November 13, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes The Western Union Company’s tie-up with Hong Kong’s HKT Payment Limited for money transfers. In addition, MAYBANK is working with KFC Malaysia to bring QR code payments to restaurants in...

Faster Payments
Fed Launches New US Faster Payments Council
November 13, 2018

A group of payment players announced Tuesday (Nov. 13) that they created a new organization, dubbed U.S. Faster Payments Council (FPC), aimed at working toward a ubiquitous payment system that enables Americans to safely and securely pay anyone, anywhere and at any time with near-immediate...

Retail
Chinese Consumers Favor Biometric Payments On Singles’ Day
November 13, 2018

Alibaba’s Singles’ Day shopping event on Nov. 11 was a huge success; with $30.8 billion in transactions, it surpassed Cyber Monday and Black Friday combined. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Amazon And Whole Foods Roll Out Thanksgiving Turkey Deals
November 13, 2018

Amazon and Whole Foods Market announced Tuesday (November 13) deals on turkey for Thanksgiving. 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, PYMNTS...

Retail
Alibaba, JD.com And Singles Day’s Global Brand Consumption Grand Slam
November 13, 2018

Alibaba celebrated a milestone with its Singles Day this year. The popular Chinese shopping holiday turned 10. To top off the decade, the eCommerce retailer had some pretty big ambitions. It billed this year’s happening as “the largest ever in terms of scale and reach”...

Retail
Now On Tap: Apps As Discovery Platforms For Bars
November 13, 2018

Bar and event venues face a dilemma when it comes to finding customers: while social media helps them get discovered, there is a potential downside to using these platforms. “People don’t really see that unless they know you and they follow your restaurant or venue,”...

Retail
Brooklinen Pops Up And Branches Out To Cap Off 2018
November 13, 2018

A luxury product paired with direct-to-consumer sales – which brings the luxury item’s price down into more solidly middle-class territory – is a model that has worked for all kinds of brands, across a variety of verticals. Apparel, mattresses and beauty products are just a...

Retail
Amazon Snags Tuft & Needle Exclusive Mattress Line
November 13, 2018

To add to the Tuft & Needle assortment already offered on Amazon, the digital brand is rolling out an Amazon exclusive collection. The line, which is called “Nod by Tuft & Needle,” offers bed-in-a-box mattresses, Chain Store Age reported. Get the Full Story Complete the...