News

Investments
Mnuchin: Strengthen Investment Controls To Protect US Tech
June 27, 2018

Amid the trade war that is still taking shape between the United States and China and the United States and several other countries, Treasury Secretary Steve Mnuchin has stated that investment controls are needed with the aim of protecting U.S. technology interests. Get the Full...

Retail
The Trade War Will Hit Some Retailers Harder Than Others
June 27, 2018

The theory is that a strong U.S. economy — buttressed by record employment and enthused consumer spending — will mean U.S. business can withstand a trade war better than other nations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Etsy’s Reset (And Its Discontents)
June 27, 2018

The story at Etsy in summer 2018 is a much more cheerful tale than the story of Etsy entering the summer of 2017. After a big switch at the top — in May 2017, the board fired the firm’s longtime CEO Chad Dickerson and put former...

Retail
Tod’s And Mr. Bags Take Luxury Retail Omnichannel
June 27, 2018

Luxury retail has run into a conundrum as digital channels and eCommerce continue to edge out brick-and-mortar shopping venues. Although eCommerce may not be replacing traditional retail just yet, it’s a channel that merchants can’t afford to ignore. Despite this widely accepted reality, many luxury...

Wearables
Wearables As The New Payment-Enabled Room Keys
June 27, 2018

Pod-style lodging is breaking the hospitality mold by combining the best of hotels and hostels — and serving guests who want a middle ground between the two styles of properties. While “capsule hotels” arrived on the scene in Japan in the 1970s, they are now arriving in North...

Retail
Amazon Rolls Out Student-Focused Stores Ahead Of Back-To-School Season
June 27, 2018

To reach parents, students and educators ahead of the upcoming school year, Amazon has launched its Back to School and Off to College stores. The sites offer a selection of electronics, apparel and accessories – among other items, Amazon said in an announcement. Get the...

Partnerships / Acquisitions
Digital Money Platform Uphold Acquires JNK Securities
June 27, 2018

Digital money platform Uphold announced that it has reached an agreement to acquire New York Stock Exchange member JNK Securities Corp. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
FIS Automates Real-Time Payments Testing For Banks
June 27, 2018

As banks continue on their paths to implementing The Clearing House’s Real-Time Payments (RTP) rail, financial services firm FIS wants to ease friction of the adoption process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Santander Consolidates Corporate Cash Flows With Infosys Finacle
June 27, 2018

U.K. financial institution Santander is collaborating with Infosys Finacle to enhance its interbank cash management solution, the companies revealed on Tuesday (June 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...