News

Regulation
 FinTech Reg Sandbox Takes Shape Via CFPB
June 04, 2018

The sandbox is getting a bit bigger — the regulatory kind, that is. 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....

Retail
IKEA Cancels Planned Stores Amid Focus On eCommerce
June 04, 2018

Following years of U.S. growth, IKEA is reining in its brick-and-mortar expansion efforts: The furniture retailer cancelled planned stores in North Carolina, Tennessee and Arizona. Instead, IKEA is focusing its efforts on eCommerce sales, USA Today reported. Get the Full Story Complete the form to unlock...

Biometrics
Biometrics Could Be The Future Of mPOS
June 04, 2018

Tap to pay. Dip to pay. Smile to pay. Forget reinventing the payments wheel — it seems many innovators are looking to replace it. As bigger names jump on board with their own biometrics-powered payment methods, the novelty factor seems poised to erode into, simply, the...

Retail
For Days Turns Sustainability Into Customer Loyalty
June 04, 2018

There are, perhaps, few moments sadder in the life of a wardrobe than when a beloved t-shirt is laid to rest. Maybe the collar is a memory or it is more hole than t-shirt. Whatever the reason, saying goodbye to a t-shirt can be hard....

Retail
HelloFresh Comes To The Grocery Aisle
June 04, 2018

As meal kits from companies, such as Blue Apron and Plated, begin to appear on supermarket shelves, HelloFresh will soon sell its meal kits in Stop & Shop and Giant Food. The company’s kits will come to just under 600 stores — primarily in the Northeast,...

Retail
Advent Buys 80 Percent Stake In Walmart Brazil
June 04, 2018

As Walmart refocuses its worldwide operations, Advent International plans to take a 80 percent stake in the retailer’s business in Brazil. With such a deal, Walmart would keep a 20 percent stake in the company, and the retailer would utilize Advent’s regional expertise, CNBC reported. Get...

Retail
Redeveloping Malls With Apartments, Hotel And Restaurants
June 04, 2018

As anchor stores scale back their brick-and-mortar presence in malls, is their departure necessarily a big loss for shopping centers? Class A malls might, in fact, benefit by finding new uses for the space these stores leave behind. Get the Full Story Complete the form...

Retail
Flipkart Will Still Be A Board-Run Company With Walmart Deal
June 04, 2018

While Walmart has taken a majority stake in Flipkart, the company’s operating structure will remain the same: Flipkart Co-founder and Group CEO Binny Bansal said that the company will continue to be led by its board of directors, Livemint reported. Get the Full Story Complete the...

Artificial Intelligence
Can’t Navigate The Moral And Ethical Implications Of AI? There’s An App For That
June 04, 2018

Bank of America and Harvard University have collaborated on a new initiative designed to make the complex technologies behind artificial intelligence (AI) and machine learning (ML) more universally beneficial and accessible to the global workforce. The mission of the newly formed Council on the Responsible Use...