News

Payment Methods
Amex Latest To Ditch The Signature
December 12, 2017

Payments processor American Express announced Monday (Dec. 11) that it will stop requiring merchants to collect signatures for purchases at the point of sale (POS). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Retailers Fret Over Christmas Delivery Deadlines
December 12, 2017

In an attempt to prevent last-minute shipping issues at the end of a holiday shopping season, retailers are encouraging shoppers to make their purchases sooner by pushing their shipping deadlines up. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
Overstock Shares Jump On Morgan Stanley Stake
December 12, 2017

Online discount retailer Overstock saw its stock jump more than 23 percent in trading Monday (Dec. 11) after Morgan Stanley Investment Management said it had acquired an 11.4 percent stake in the company. Get the Full Story Complete the form to unlock this article and enjoy...

Mobile Payments
Samsung Pay Now Enables Money Transfer
December 12, 2017

Samsung Electronics announced that its mobile payments system, Samsung Pay, will now offer money transfer services at some Korean banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Merchant Innovation
Affirm Confirms $200M Investment Round
December 11, 2017

Financial services company Affirm announced Monday it has raised $200 million in Series E funding from a consortium of investors led by global investment firm GIC Private Limited. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
JCPenney’s Subscription Boxes For Big Boys
December 11, 2017

There’s a subscription box out there for almost everyone. And, given their rising popularity, it’s not surprising JCPenney is also jumping on the bandwagon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
The Increasingly Global Luxury Game
December 11, 2017

Bringing in $165 million in venture funding is a major event in the life of any startup, particularly if the startup in question says it wasn’t even in the market to raise funds — it was doing just fine on its own revenue. Get the Full...

B2B Payments
Approaching Payment Rails, Corporate Finance and Supplier Payments From New Angles
December 11, 2017

Much of the alternative business financing market formed as a response to the need for an entirely different way for companies to take out a loan. Steve Troy, CEO of AeroFund Financial, says that’s a trend permeating many components of corporate finance today: Businesses don’t...

B2B Payments
Accountants Begin To Heed Advice For Added Advisory Services
December 11, 2017

Accounting software that boosts automation isn’t taking jobs away from human accountants. But it is altering the profession, with more small businesses seeking advisory services from their accountants and bookkeepers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...