News

Mobile Payments
Kroger To Accept Chase Pay Next Year
December 12, 2017

Kroger announced news on Tuesday (Dec. 12) that it has inked a deal with Chase Pay to offer customers mobile payment capabilities next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bitcoin
Bitcoin Reaches ‘Mania’ Phase As People Take Out Loans To Fund Token Purchases
December 12, 2017

Joseph Borg, president of the North American Securities Administrators Association warned on Tuesday (Dec. 12) that bitcoin has entered the “mania” phase, with some people taking out mortgages just to purchase the cryptocurrency. Get the Full Story Complete the form to unlock this article and...

Retail
Hitting Reset On Real World Retail Design
December 12, 2017

Brick-and-mortar retail is often written off as a casualty of the digital age, but the numbers tell a different story. While there are a variety of estimates and ranges out there, the hard facts reveal that about 90 percent of retail transactions take place in...

Retail
The RealReal Face Investigation Over Goods Authenticity
December 12, 2017

Luxury consignment retailer The RealReal is facing a federally-filed lawsuit alleging the eCommerce site systematically inflates the weights of diamonds and other precious gems on offer, according to CNBC news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Costco Rolls The Movies With MoviePass And Fandor
December 12, 2017

Movie theater subscription service MoviePass and Fandor, an independent film and documentary streaming service, will be promoting a limited-time option in conjunction with bulk retailer Costco. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Here’s How The Opioid Crisis Is Losing Retailers $9B A Year
December 12, 2017

Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend. These seemingly harmless customer services are being used as currency in an unlikely and dangerous economy...

Retail
European Property Group Makes A Big Buy Into US Malls
December 12, 2017

Unibail-Rodamco, Europe’s largest property firm, is on track to purchase U.S. and U.K. mall operator Westfield Corp. for $16 billion. 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...

B2B Payments
Travelport, Conferma Continue Push For V-Card Adoption For Aussie Hotel Bookings
December 12, 2017

Travelport, which enables corporate travel agencies with point-of-sale (POS) technology, is repositioning itself in response to heightened awareness and adoption of virtual cards (v-cards) in the business travel space. The company announced news on Monday (Dec. 11) that it is expanding its partnership with virtual...

B2B Payments
Accountants Find Their Place In SMB FinTech Disruption
December 12, 2017

Paper checks for domestic suppliers, wire transfers for international ones. That’s the status quo in corporate payments, and it’s not only creating friction for the business payer; it’s creating headaches for small business (SMB) accounting too. Get the Full Story Complete the form to unlock...