News

B2B Payments
Concur Automates eReceipt Data Capture Via WeChat In China
November 28, 2017

Business travel and expense (T&E) management firm Concur is integrating its latest service with China’s WeChat, the company said in an announcement on Sunday (Nov. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
EU Tightens Online, Offline Shopping Security Standards
November 28, 2017

The European Commission has signed off on new rules that they say will make it more secure for consumers purchasing goods and services from European Union members. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
First Data Transaction Data Shows Black Friday’s Winners And Losers
November 28, 2017

Holiday shopping is off to a good start: A report shows a strong pre-holiday season (the three weeks leading up to Thanksgiving and Black Friday), followed by solid Thanksgiving and Black Friday sales. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Bankers Press For More Lenient Leveraged Lending Guidelines
November 28, 2017

Reports in Reuters say bankers and investors are calling on regulators to relax Leveraged Lending Guidelines as they seek to regain market share lost to some alternative lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Cyber Monday Shatters Every Online Record So Far
November 28, 2017

Cyber Monday is shaping up to be one of the biggest days of online shopping ever in the U.S., with consumers buying up deeply discounted toys and electronics. Significantly, many of these American consumers are using their mobile phones to make purchases during Cyber Monday....

Retail
Small Business Saturday Drove 108M Consumers To Shop, Dine Locally
November 28, 2017

Small Business Saturday drew around 108 million consumers to locally owned restaurants and retail businesses, reported the National Federation of Independent Business (NFIB) and American Express in a joint press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
SoftBank Bids To Buy Uber Stock At A 30 Percent Discount
November 28, 2017

Uber’s valuation may be looking at a haircut — Japan’s SoftBank is officially offering to purchase shares of the firm at a $48 billion valuation. That is a 30 percent discount off of Uber’s most recent valuation of $68.5 billion, a person familiar with the matter...

Retail
Snapchat And Kay Jewelers Partner For Holiday Promotion
November 27, 2017

Shoppers looking for something sparkly this holiday season for someone special (or themselves) can now browse jewelry on Snapchat — as Kay Jewelers will be using the social media platform to showcase its products via augmented reality. Get the Full Story Complete the form to unlock this...

Retail
Why ModCloth Broke Up With Black Friday (To Run Off With Cyber Monday)
November 27, 2017

The final verdict on Black Friday is still pending, and in many circles that final word is eagerly awaited. As of right now, some are lauding a successful retail Hail Mary, while others yawn at what they see as moderate gains (at best). Get the Full...