News

Security & Fraud
Black Hat: Cybersecurity Is More Than A Tech Problem
June 26, 2018

Cybersecurity was once seen as purely a matter of technology, but more and more, security experts are bundling issues such as personal privacy, politics, business, ethics and risk into the package. A recent report by Black Hat on the current state of cybersecurity shows how...

Retail
Shopping Holidays Bring In Billions For eCommerce Retailers
June 26, 2018

Holidays aren’t just for marking centuries-old traditions or historic milestones: Retailers are creating their own new-age eCommerce celebrations and bringing in big bucks in the process. Chinese retailer JD.com, for example, had a record-breaking shopping event this month. Get the Full Story Complete the form...

Retail
Amazon Announces Next Whole Foods Delivery Expansion
June 26, 2018

Grocery delivery for Prime members is taking its next great leap forward as Amazon and Whole Foods have announced that Prime Now Grocery is expanding to Chicago, Houston, Indianapolis, Minneapolis and San Antonio. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Self-Service Kiosks Boost Consumer Spending By 30 Percent
June 26, 2018

With the introduction of kiosks, quick-service restaurants (QSRs) are speeding up the traditional ordering process. But these devices can do more than allow customers to get their burgers faster: They can actually recognize customers and know what kind of burgers they want to order. Get...

Retail
Amazon May Double Whole Foods’ Customer Base Through Prime
June 26, 2018

With new Prime incentives, one tech analyst believes that Amazon could double the customer base of Whole Foods. RBC Capital Markets’ Lead Internet Analyst Mark Mahaney said that there could be 20 to 30 million people who live near a Whole Foods store but don’t...

Retail
Boohoo’s Big Ambitions
June 26, 2018

There is fast fashion, and then there is what U.K.-based retailer Boohoo offers. While the reigning champions of fast fashion still need about a month to turn over their collections, Boohoo (and its associated brands Pretty Little Things and NastyGal) sees its ideas go from...

Retail
Toys R Us Plans To Close Stores By Friday
June 26, 2018

Months after Toys R Us announced that it would liquidate its U.S.-based assets, the toy retailer plans to shutter its brick-and-mortar locations by Friday (June 29). Some locations will close earlier, while the company’s eCommerce operations have been already closed for about three months, Fortune...

B2B Payments
Amazon Chooses Amex For Small Business Credit Card
June 26, 2018

American Express (Amex) and Amazon have teamed up to release a new commercial card product designed for small businesses (SMBs) buying on the Amazon platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
Shopify Eyes Buying Experience With Return Magic Acquisition
June 26, 2018

Shopify announced that it has acquired mobile app Return Magic. 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 this...