Welcome to Five at Five, your late look at some of the freshest payments news of the day. Today’s stories include a new deal Sears signed with Amazon, a digital gifting acquisition and a new robotic kitchen. Additionally, a major fashion retailer is embracing Big Data,...
The new mantra in last mile might be: Go big or go home. And it might be enough to change how some of the marquee names in delivery deliver more than just the goods. Get the Full Story Complete the form to unlock this article...
Synchrony Financial announced today (May 10) that it will acquire Loop Commerce, the digital gifting platform used by retailers to make every product giftable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Two marquee names — one in tech and the other in finance — and a card between them. 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...
Mobile payment capabilities are on the forefront of retail executives and tech staff. In a survey by Zynstra, some 65 percent of retailers said they pegged mobile payments as their top priority for in-store technology, Chain Store Age reported. Get the Full Story Complete the form...
Brands sometimes face a dilemma when it comes to reaching consumers online: how to drive sales without annoying potential customers. Some brands face a more challenging quandary: how to become cool again. Get the Full Story Complete the form to unlock this article and enjoy...
To reduce markdowns and break out of a lull in sales, H&M is turning to artificial intelligence (AI) and Big Data to tailor its merchandising mix in its brick-and-mortar stores. The fashion retailer is using algorithms to gain insights from returns, receipts and data from loyalty...
As part of a rebranding effort, Best Buy has updated its famous logo. The new design moves the company’s wordmark outside the giant yellow tag, making it a less noticeable part of the layout, The Verge reported. Get the Full Story Complete the form to...
PayPal has released new data regarding the volume of financing placed with small business borrowers via the PayPal Working Capital solution. Reports in IBS Intelligence on Wednesday (May 9) said PayPal Working Capital has provided U.K. small businesses with more than $847 million, up from...
