Retailers lose $14 billion annually in “scan avoidance” — that is, when items are bagged at the register without ever being scanned or paid for. That’s according to the National Retail Federation, and, scarily enough, it actually represents a decline since the height of theft...
Rent or buy? Borrow or share? In the land down under, this isn’t about housing; it’s about cars. 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...
Facing high operational costs and changes in the smartphone market, Best Buy plans to shutter its 250 mobile phone stores in the U.S. by May 2018. The stores are not as lucrative as they once were since the smartphone market’s maturation, the Wall Street Journal...
When it comes to corporate travel, ride-hailing and on-demand services like Uber and Lyft are dominating the conversation. It’s for a good reason, considering business spend on services like these has spiked in recent years. Get the Full Story Complete the form to unlock this...
“Spreadsheet” can be a four-letter word in corporate finance, but analysts say professionals continue to rely on the manual tool for everything from reconciliation to payroll. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Commercial payments provider FLEETCOR Technologies, Inc. announced news on Thursday (March 1) that it has entered a pilot program with enterprise blockchain solution firm Ripple and Cambridge Global Payments, the international payments provider focused on B2B and owned by FLEETCOR. Get the Full Story Complete the...
Australia’s alternative finance industry is vowing to heighten transparency as policymakers continue to push for better small and medium-sized business (SMB) financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Bank of England’s chief operating officer for monetary policy is joining the U.K.’s New Payment System Operator (NPSO). 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...
PSD2 opened the floodgates for open banking across Europe and the U.K. While the U.S. hasn’t had such regulatory pressure, signs that banks are opening up their data to third-party FinTechs are beginning to emerge, a trend partially attributed to competitive market pressures — and...