News

Retail
Walmart.com Launches Moosejaw-Curated Outdoor Shop
August 27, 2018

Walmart has announced that “Moosejaw Madness” is officially coming to Walmart.com as the mega-retailer launches its new premium outdoor shop, curated by Moosejaw. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bitcoin
China Intensifies Its Crypto Crackdown
August 27, 2018

China’s ongoing struggle to get cryptocurrency control is raging on, with a new wave of measures meant to reign in the volatile but popular markets for digital currency in-nation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payments Innovation
How To Fix Healthcare Payments
August 27, 2018

Back in the good old days of healthcare, the employer paid for all (or most) of the freight, and the out-of-pockets for consumers were tiny — about 5 percent. When patients didn’t pay (and many didn’t to the tune of $60 billion in write-offs annually), it...

Retail
The Esoteric Economics Of Feeling The Burn
August 25, 2018

The Burn is upon us. 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...

International
China Seeks To Encourage Credit Flows With Loans
August 24, 2018

To help stimulate credit flows to local governments and companies, The People’s Bank of China has injected 149 billion renminbi – or $22 billion – into the banking system. The government made the move on Friday (Aug. 24) by making loans to commercial banks, Financial...

Global Payments
Silk Way Bank Unveils SWPay; Alipay Takes Steps To Prevent Fraud
August 24, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Silk Way Bank’s launch of a new project for cashless payments. In addition, China’s Alipay is working to step up efforts to monitor its platform for peer-to-peer crypto trading transactions,...

Payment Methods
In China, Credit Cards And Mobile (And Beyond), Payments Yin And Yang
August 24, 2018

The yin and yang concept, born in China, can be applied to so many things. 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,...

Retail
1-800-Flowers.com’s Expansive Goals For Gifting
August 24, 2018

1-800-Flowers.com has had a year focused on expanding its brand – and building a gifting ecosystem designed to be consumers’ first (and hopefully last) destination when they are getting ready to gift. Flowers are a good start, though of course 1-800-Flowers does a lot more than...

Retail
Retail Pulse: Sears To Close 46 Stores; Target Expands Curbside Pickup
August 24, 2018

Retailers are cutting back on their brick-and-mortar footprints as consumers opt to shop online and away from malls, and Sears has been hit particularly hard. Earlier this year, Sears made the decision to close 72 stores, and this week, the department store announced that it...