News

TRENDING: What NPP — Australia’s Faster Payments System — Means For Payments Down Under
May 08, 2018

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Loyalty & Rewards
Groupon Rolls Out Restaurant Deals For American Express Members
May 07, 2018

To provide consumers with more ways to save money at neighborhood restaurants, Groupon has added American Express to its Groupon+ platform. The free-to-claim, cash-back deals program is now available in about 25 U.S. markets, the company said in an announcement. Get the Full Story Complete the...

B2B Payments
Microsoft Taps Stripe, Braintree To Power Payments In Outlook
May 07, 2018

Microsoft and Stripe are teaming up to enable integrated payments in Microsoft Outlook, the companies announced on Monday (May 7). 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...

Retail
Alibaba’s Profit Falls Amid Offline Expansion
May 07, 2018

As Alibaba looks beyond eCommerce to expand its empire, some investors are getting nervous: Since January, the eCommerce retailer has lost approximately $60 billion in market value, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Macy’s Buys Themed Concept Store
May 07, 2018

As it tests out new retail concepts such as pop-up shops, Macy’s has acquired a retail store in New York City that has a rotating selection of items called STORY. Every few months, the store picks a theme such as Love, Home For The Holidays...

Retail
Walmart’s $15B Bid Secures Flipkart Buy Against Amazon
May 07, 2018

The race to win India’s eCommerce power player Flipkart is over and won by Walmart with a $15 billion bid on the firm. The deal will give Walmart of a majority stake in the firm, roughly 75 percent of the entire Flipkart group. The final outcome...

Retail
Retail Pulse: Williams Sonoma Opens, Closes Doors
May 07, 2018

More retailers are adopting the view that closing stores isn’t a failure or a loss, but simply a pathway to greater success. Closing 10, 20 or 100 locations is simply a way to remove the weak links and focus more heavily on locations and strategies...

Regulation
Beyond Bitcoin, Token Regulation Looms, While Dodd-Frank Still in Bloom?
May 07, 2018

Bitcoin may be the marquee name in cryptocurrencies, but regulation may loom for its digital dollar brethren. 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...

B2B Payments
US Manufacturers Abandon Hiring, Investment Plans
May 07, 2018

Small manufacturers in the U.S. are taking a cautious approach to the market as they pull back on hiring and investments in response to trade tariffs imposed by President Donald Trump, reports in Reuters said on Friday (May 4). Get the Full Story Complete the...