News

Mobile Commerce
In Praise Of The Selfie And The Commerce It Drives
June 23, 2018

National Selfie Day has passed into the history books once again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Bitcoin
BitFlyer Halts New Accounts Amid Regulatory Crackdown
June 22, 2018

With Japan’s Financial Services Agency (FSA) bringing business improvement orders against multiple exchanges, some crypto exchanges are limiting their operations: At least one exchange said it would stop taking on new clients and review some of its existing clients, Seeking Alpha reported. Get the Full...

News
FinTech To Get Nod From Treasury For Financial Services Innovation
June 22, 2018

The U.S. Treasury Department is poised to release a report over the next few weeks that will give some recommendations on regulating financial services, with a nod to the advantages of FinTech efforts and sandboxes that encourage innovation. Get the Full Story Complete the form...

Banking
Bank Of Ireland Faces Intermittent Debit Card Outages
June 22, 2018

Due to a recent outage, some Bank of Ireland customers were unable to use their debit cards. The bank reported that approximately one in seven customers were unable to use their Visa cards at point-of-sale (POS) terminals, according to news from Independent.ie. Get the Full Story...

Payment Methods
BBVA Merges Two Units And Debuts Selfie Payment System
June 22, 2018

As BBVA steps up its digital efforts, the bank is merging its Beeva and i4S units to form a company called BBVA Next Technologies. The company’s 1,200 tech workers will focus on areas such as artificial intelligence (AI), the blockchain and cloud computing, according to their press release....

Partnerships / Acquisitions
Marks & Spencer Teams Up With Microsoft For AI Tech
June 22, 2018

In an effort to explore artificial intelligence (AI), Britain’s Marks & Spencer Group (M&S) is collaborating with Microsoft. Through their strategic partnership, the companies will experiment with the integration of Microsoft AI technologies into M&S stores, as well as the retailer’s broader operations, retail news...

Retail
Social Media As The ‘Ticket’ For Contextual Commerce
June 22, 2018

Sports fans can’t get enough of their favorite players and teams: Their social media accounts oftentimes have hundreds of thousands or millions of followers. But how can teams harness the eCommerce potential of these accounts? They can turn their followers into ticketholders to the next...

Retail
Creator Unveils Robot Burger Restaurant
June 22, 2018

Following eight years of development, restaurant automation solutions provider Creator is gearing up to debut its robot burger restaurant in September 2018. The company is backed by investors such as Google’s GV, according to reports, and raised at least $18.3 million last year. Get the Full...

Retail
Chipotle New Menu Items For Big Changes
June 22, 2018

Quick-service restaurant (QSR) chain Chipotle Mexican Grill is gearing up for some big changes as it revamps its menu, adding new items like quesadillas and nachos. New grills need to be purchased, for example, and the assembly line needs to be reworked, The New York...