In 2017, Sage Payments parted ways with parent Sage Group. It was acquired by GTCR and brought on Joe Kaplan as its new CEO in October. Now, it's officially beginning its first chapter as an independent company with a change of name and focus. Kaplan...
Longstanding partners in identity across the digital and physical spheres – LexisNexis (via RELX) is buying ThreatMetrix. Reed Taussig, CEO of ThreatMetrix, tells PYMNTS’ Karen Webster that scale matters in the everlasting battle against fraud, and so does speed. Here’s why the deal, he said,...
When Bank of America announced last week that it was terminating its free checking option for low-balance customers, a literal Tweet storm broke out. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
TOMS Shoes Founder Blake Mycoskie did not begin life dreaming of entrepreneurship, shoes or creating a socially conscious company. In fact, when he embarked on his college career almost 20 years ago at Southern Methodist University, Mycoskie had one professional ambition in mind. Get the...
Grocery shopping is clearly no longer confined to the aisles of the local Kroger or even a superstore like Target or Walmart. With services like AmazonFresh and Peapod, consumers can load up on kale, chicken — or whatever they need for their next meal — from their...
Earlier this month, Saks Fifth Avenue President Marc Metrick told CNBC that the luxury retailer didn’t need fancy artificial intelligence (AI) to help it succeed in the industry, despite the tectonic shift thrusting every other retailer into reliance on such technologies. Get the Full Story...
Under pressure from an activist investor, JCP Investment Management, convenience store chain Casey’s General Stores has reportedly placed an initial bid to acquire grocer Kroger’s $2 billion C-store business. That line operates under brand names like Kwik Shop, Turkey Hill and Tom Thumb, CNBC reported...
With a faster pace of adoption than previously expected, the majority of U.S. grocery shoppers may purchase at least some of their groceries online within five to seven years, according to a Food Marketing Institute and Nielsen report, CNBC reported. Get the Full Story Complete...
After Ali Ahmed founded Dispatch, a service that allowed consumers to have goods delivered from retail stores through a text message, he noticed that customers would not buy fresh fruits and vegetables. “They just don’t trust somebody else picking them,” Ahmed told PYMNTS. “People need...
