News

Retail
eBay Sets Up Visual Search For Online Shopping
October 27, 2017

Shopping on eBay just got easier. The auction site has announced the launch of two new visual search tools that will allow people to use photos they snap, have saved on their phone or find on the web and social media sites, in order to...

Retail
Robots On The Way To 50 Walmart Locations
October 27, 2017

Inventory replenishment robots are rolling out in 50 Walmart locations, according to a Thursday (Oct. 26) Reuters report. The goal is to stock product faster and save employees time when filling empty shelves. The robots have already been piloted in a number of stores, according to...

Cross-border Payments
Google Launches New Payment API In Brazil
October 27, 2017

Google and EBANX, the Brazil-based FinTech, announced a partnership Thursday (Oct. 26) aimed at providing Latin American local payment methods to global merchants, enabling them to sell to Latin Americans without having to establish a local business. Get the Full Story Complete the form to...

Loyalty & Rewards
Why Deals Don’t Drive Loyalty
October 27, 2017

The selling point for Cheers was never the food; it was the fact that everybody knew your name. 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...

Retail
Overstock, tZERO Eyeing Largest ICO Yet
October 26, 2017

The Overstock.com subsidiary, tZERO, is planning to launch an initial coin offering (ICO), according to news from CNBC. The company wants to raise up to $500 million through sales of the new digital currency. Get the Full Story Complete the form to unlock this article...

Retail
Casper Is The Latest Digital Brand Testing Pop-Up Shops
October 26, 2017

Online mattress firm Casper appears to be the latest startup taking the brick-and-mortar plunge and launching 15 pop-up shop locations nationwide, according to reports from retail news source Chain Store Age. The first stop on the retail tour was Ponce City Market in Atlanta, Georgia, the Wednesday (Oct....

Retail
Nike Abandons ‘Mediocre’ Retail
October 26, 2017

Nike told investors that it would be shifting its approach to brick-and-mortar retail, according to news from The Wall Street Journal. The company will be narrowing its focus to a few dozen stores and boosting its presence online. Get the Full Story Complete the form to...

B2B Payments
Why The Switch To Electronic Payments Isn’t Enough To Combat Employee Fraud
October 26, 2017

In Georgia, one Mohawk Industries employee allegedly scammed the company out of $766,000. In New York, a worker at Chevron Phillips Chemical Co. pled guilty to stealing $1.8 million from the firm. And in New Mexico, two Santa Fe government employees were placed on leave following...

B2B Payments
McDonald’s Owners Settle PA Payroll Card Class Action
October 26, 2017

McDonald’s franchise owners in Pennsylvania have settled a lawsuit filed in 2015 over their use of payroll cards, news reports on Wednesday (Oct. 25) said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...