News

Banking
Regulators In No Rush To Change Rules For FinTechs
February 20, 2018

It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. 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...

Chatbots
25 Percent Of Customer Services Handled By Chatbots In Two Years
February 20, 2018

Chatbots, or virtual customer assistants (VCAs), will be used in 25 percent of customer service and support operations by 2020, up from just 2 percent in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Merchant Innovation
Why Shopify Wants To Kill The Checkout
February 20, 2018

Click. 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 Today. By completing this form, you agree to receive marketing communications from PYMNTS...

Vending Machines
An Unattended Solution To The DMV’s Friction-Filled Reputation
February 20, 2018

Bread? Check. Milk? Check. Vehicle registration renewal … check! Californians can now add DMV transactions to their grocery lists, thanks to an initiative that puts kiosks in grocery stores to reduce long lines and driver frustration. In this month’s Unattended Retail Tracker, Jessica Gonzalez of...

Payment Methods
Google Launches Bill Pay In India
February 19, 2018

Google announces a new service in India that will enable residents to pay their utility bills digitally. 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...

Retail
Chanel And Farfetch Ink New Strategic Partnership
February 19, 2018

Iconic French fashion house Chanel has inked a strategic partnership deal with online designer marketplace Farfetch that will focus on deploying the latter’s operating system within the confines of Chanel’s physical boutiques, according to industry news source Business of Fashion. Get the Full Story Complete...

Payments Innovation
Half Of Payments Executives Are Focused On Peer-To-Peer (P2P) Payments
February 19, 2018

With the advent of emerging FinTech startups, banks face some competition for payments. When a consumer or a company wants to send a payment, they can now do so instantly from their smartphone with services such as Apple Pay or Venmo. Get the Full Story...

Retailers Roll Out Presidents Day Sales To Clear Old Inventory, Full-Priced Spring Fashions
February 19, 2018

Ever since the Uniform Monday Holiday Act took effect in 1968, “Presidents Day” has been observed on the third Monday in February. But the holiday is officially known as Washington’s birthday, as the observance started out as a celebration of his birth, after all. Get...

Retail
When It Comes To Jewelry, Smart Can Be Beautiful
February 19, 2018

Usually the expression “you don’t know what you don’t know” is a warning. It’s meant to keep people, often entrepreneurs, from rushing after an idea, and, in so doing, biting off more than they can chew. Get the Full Story Complete the form to unlock...