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Merchant acquisition is an unforgiving activity, and the numbers prove it: 20 percent of retailers leave their merchant service providers every year. One reason is the often frustrating, overly complicated process of merchant onboarding — one in every five merchants don’t complete the application process. Get...
In the inaugural Digital Fraud Tracker, PYMNTS takes a deep dive into the world of cybercrime, exploring the latest attack methods employed by fraudsters, and the solutions security providers are using to stop them.
Some failures of technology are very serious. On Jan. 13, 2018, an emergency alert text went out all over Hawaii telling residents and tourists that an incoming ballistic missile attack was imminent, tipping off waves of panic and terror as people scrambled for cover. Get...
London keeps calling to Uber, which has had a rough time in the U.K. capital. The latest developments involve a protest and possible acquisition, but a case can reasonably be made that things, at least for now, seem to be going Uber’s way. Get the...
To accelerate product innovation, trucking network Convoy has secured $185 million in Series C financing. The round was led by Alphabet’s growth equity fund CapitalG, the company said in an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Switzerland is reportedly exploring ways to make it easier for blockchain companies to open corporate bank accounts as the government moves to prevent those innovators from leaving the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Following its initial public offering (IPO), luxury fashion retailer Farfetch announced that it — along with a shareholder — sold 44.2 million shares at a price of $20 each. That is above the $17 to $19 range at which the firm had advertised the shares,...
To break into the brick-and-mortar world, some digitally native retailers have opened shops inside department stores. However, they are also turning to their own stand-alone locations for larger spaces. Rent the Runway, in particular, is opening a 2,600-square-foot store in San Francisco after outgrowing its...
