News

Payment Methods
Visa, Ingo Money: Pushing Payments Over The Last (Digital) Mile
May 22, 2018

Think of it as the last mile. Not trucking, packages or logistics. Not a white-glove service that gets furniture assembled in the bedroom or living room. This is the last mile of payments, where a push can get funds where they need to go —...

Security & Fraud
To Earn Customer Trust, Rethink Digital Identity
May 22, 2018

Welcome to the new world of trust. Identity is the new currency, and the costs of mishandling it – or making it easy to steal – can end up higher than the mere theft of funds. Get the Full Story Complete the form to unlock...

Merchant Innovation
NEW DATA: The Commerce Channel 58 Percent of Consumers Now Use – And Like
May 22, 2018

The age of contextual commerce has arrived – even if many mainstream customers aren’t aware of it. While they may not call it “engaging in contextual commerce,” nearly 60 percent of consumers have done just that – and most of those shoppers say they enjoyed...

Partnerships / Acquisitions
Adobe To Acquire Magento Commerce For $1.68B
May 21, 2018

Adobe has entered into a definitive agreement to acquire Magento Commerce for $1.68 billion, subject to adjustments. The addition of the Magento Commerce Cloud will enable commerce to seamlessly integrate into the Adobe Experience Cloud, and delivers one platform that serves both B2B and B2C...

Artificial Intelligence
Microsoft Enters The AI Conversation With Semantic Machines Acquisition
May 21, 2018

The tech giants are racing to see who can make their artificial intelligence (AI) the least artificial and the most human-like. Now, Microsoft has become the latest to make a move, announcing Monday (May 21) that it has acquired Berkeley, California-based AI startup Semantic Machines....

Partnerships / Acquisitions
Fifth Third Bancorp And MB Financial Merge In $4.7B Deal
May 21, 2018

Fifth Third Bancorp and MB Financial announced news on Monday (May 21) that the two have inked a merger agreement in which MB Financial will merge with Fifth Third Bancorp in a $4.7 billion deal. Get the Full Story Complete the form to unlock this...

International
Is ‘Dirty’ Russian Money Undermining The UK Markets?
May 21, 2018

According to a new report from the British Foreign Affairs Committee, London has been awash in dirty Russian money since the fall of the Soviet Union. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
Who Wins And Loses In PayPal’s iZettle Deal
May 21, 2018

PayPal last week announced it will acquire Swedish payments company iZettle in a cash deal valued at $2.2 billion, which is expected to close in the third quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Saks Hits Reset On Beauty
May 21, 2018

When most brands say they want to bring something to a whole new level, they are speaking metaphorically. However, when Saks Fifth Avenue speaks of its plans to hit the reset button on beauty by moving to a whole new level, they actually mean that...