News

Retail
National Retail Federation Projects Halloween Spending Will Hit $9B
September 21, 2018

Just under last year’s record $9.1 billion in Halloween spending, the National Retail Federation’s (NRF’s) annual survey projects spending for the occasion will reach $9 billion this year. In addition, celebrants are expected to spend $86.79 on average this year, which is slightly higher than...

Retail
FaceCake And Changing The Definition Of Try Before You Buy
September 21, 2018

Shopping for apparel online is tricky in any case, and shopping for accessories can be particularly taxing because, while one can get a fine feel for the look of a piece, the actual fit is something quite difficult to discern — as looking at an image...

Retail
Now Boarding: On-Demand Food Delivery With Airport Sherpa
September 21, 2018

The airport gate can be a point of frustration for travelers waiting to board a delayed flight — or, worse yet, the destination of a frantic last-minute run before the jetway closes. For those kinds of reasons, the gate can also be an ideal market...

Retail
Walmart To Offer VR Training For All Employees
September 21, 2018

Walmart has announced it’s expanding it virtual reality (VR) employee training and development program to its more than 1 million associates in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Walgreens Partners With Alibaba To Offer Beauty Brands On Tmall Global
September 21, 2018

Walgreens Boots Alliance and Alibaba Group Holding have announced the launch of a Boots flagship store on Tmall Global, Alibaba’s B2C platform for international brands and retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
PayPal-iZettle Deal Probed By UK Regulators
September 21, 2018

As reported by the Financial Times on Friday (Sept. 21), the United Kingdom’s competition watchdog, the Competition and Markets Authority said, in what is known as an initial enforcement order, that it will examine whether the merger between U.S.-based PayPal and Sweden’s iZettle has a...

B2B Payments
Nexus Explores Unexpected Challenges Of Faster Supplier Payments
September 21, 2018

Late and delayed supplier payments are often discussed as a problem that can plague any industry. While that may be true, in the real estate sector, suppliers are considered such valuable partners that late payments are avoided at all costs, said Jennifer Coolidge, founder and...

B2B Payments
FBI Sets Sights On Payroll Fraud Scheme
September 21, 2018

Payroll fraud is underway, according to the FBI's "IC3" division, targeting employees in a number of verticals. The key method is phishing. Elsewhere, Europol warns that threats loom for payments fraud as mobile banking gains traction.

B2B Payments
Bank Of America’s Corporate Banking Lead To Depart
September 21, 2018

A top corporate banking executive at Bank of America (BoA) is slated to depart the institution, according to The Wall Street Journal (WSJ) reports Thursday (Sept. 20). The head of BoA’s corporate and investment banking unit, Christian Meissner, is planning to leave, the WSJ reported, citing an...