Luxury retailer Saks Fifth Avenue is taking a stand against the ongoing push for artificial intelligence (AI) in the brick and mortar shopping experience. In a recent interview on CNBC’s “Squawk Box,” Saks’ president Marc Metrick explained he is not intimidated by the digital trend. Get...
Turns out “mall” is a passé, a name, a nomer that hearkens back to the musty days of the 80s. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Invisible payments are convenient…until they’re not. 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. By completing this form, you agree to...
Walmart’s Sam’s Club abruptly shuttered locations in several states, with some employees learning of the closures as they arrived for work. But the membership-only retailer said it had closed the stores following a “review,” according to news from Reuters. Get the Full Story Complete the...
In the world of connected commerce, much of the technology seems to have been ripped straight from science fiction. Cars that drive themselves, drones buzzing through the air, artificial intelligence (AI)-powered assistants that are always ready to jump in with a suggestion or service, robots...
As the European Union (EU) moves forward with new regulations that have broad implications for the payments sector, regulators in the region say the market is beginning the “slow burn” of a payments revolution, according to news from Reuters this week. Get the Full Story Complete...
India regulators have banned PricewaterhouseCoopers (PwC) from auditing in the nation for the next two years, according to news from The Financial Times this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Blockchain excitement continues to mount, and, within the hype, using distributed ledger technology to improve global supply chains remains a key focus for innovators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Investor interest in the B2B FinTech space is certainly off to a bright start this year. While venture capital (VC) investment rounds this week were quite modest, ranging from about $1 million to $24 million, backers jumped into an array of industries, including B2B payments,...
