News

Retail
Samsung Launches Galaxy Watch Priced Starting At $329.99
August 09, 2018

Samsung Electronics announced on Thursday (Aug. 9) the launch of the Samsung Galaxy Watch, a smartwatch aiming to take on Apple and the Apple Watch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Connected Consumers Are Ready To Buy — Given The Right Context
August 09, 2018

Consumers want smooth connections, not transactional friction. And they want opportunities to discover and buy products in specific online contexts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Comcast Xfinity Customers’ Addresses Partially Exposed
August 09, 2018

Comcast Xfinity, the cable company, exposed partial home addresses and Social Security numbers of millions of customers, reported BuzzFeed News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Global Payments
Mistertango Teams Up With EXMO; Onfido Partners With TransferGo
August 09, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes provider Onfido’s partnership with global remittance company TransferGo. In addition, ASHBURN International is rolling out dynamic currency conversion, and Mistertango is teaming up with crypto exchange EXMO for instant transactions. Get the...

Retail
IKEA Sets Prices Lower Ahead Of Store Launch In India
August 09, 2018

IKEA has priced its furniture even lower in India to lure customers to its first store in the country this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
The Rite Aid-Albertsons Merger Is Off
August 09, 2018

It seems that the anticipated deal between Rite Aid and Albertsons — which would have seen the pharmacy and grocery chains merge — has been called off. According to the New York Times, the deal had lost the support of Rite Aid shareholders. Get the Full...

Retail
ShelfX Helps Retailers Bring Self-Service Payments To Coolers
August 09, 2018

Unattended retail is on the move, with the American interactive kiosk market projected to grow by 7.2 percent annually through 2021. Self-service kiosks generated annual revenues of $218 million in 2016, and vending machines bring in $7 billion in sales each year, according to the...

Retail
Wayfair’s Way Forward In A Crowded Field
August 09, 2018

When a new Wayfair worker joins the team – and as of late, there have been an awful lot of Wayfair workers – their first lesson is in customer service. The goal of the Wayfair worker is to work on “innovating better together,” becoming “fast fixers and...

B2B Payments
Lyft Details Corporate Travel Growth
August 09, 2018

Travel and expense management solutions providers are increasingly highlighting the shifting trends of corporate travel, like the rising use of ridesharing solutions. That development has led to a new field of competition between Uber and Lyft as both vie for greater share of the business...