News

Partnerships / Acquisitions
Kroger Explores Boxed Acquisition
January 15, 2018

Kroger, the grocery store chain operator that is struggling to compete with Amazon now that it owns Whole Foods Market, is considering buying the online wholesaler startup Boxed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Indonesia Issues More Warnings About Cryptocurrencies
January 15, 2018

In its second such warning in recent weeks, Indonesia’s central bank cautioned investors about buying and selling cryptocurrencies because of the risks associated with it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross Border Commerce
TRENDING: How Managing X-Border Tuition Receivables Helps Manage Student Debt
January 15, 2018

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 receive marketing communications from PYMNTS and...

Cross Border Commerce
How Many Payments Does A Cross-Border Merchant Really Need?
January 15, 2018

  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 receive marketing communications from PYMNTS...

Retail
Saks President Says Firm Doesn’t Need In-Store AI
January 12, 2018

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...

Retail
Mall Now A Four-Letter Word For Some Operators?
January 12, 2018

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....

Security & Fraud
Startup Spotlight: Invisible Payments, Invisible Hacks
January 12, 2018

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...

Retail
Sam’s Club Suddenly Closes 63 Stores
January 12, 2018

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...

Retail
Mirror, Mirror On The Wall, What’s The Cleverest Connected Innovation Of Them All?
January 12, 2018

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...