News

Banking
JPMorgan Tops BofA When It Comes To Deposits
October 11, 2017

Bank of America may have held the top spot in terms of bank deposits in the U.S. for close to two decades, but rival JPMorgan Chase was finally able to dethrone its rival. Get the Full Story Complete the form to unlock this article and...

eCommerce
VW’s Push To Online Is Dealer-Friendly
October 11, 2017

Volkswagen is gearing up to make online sales a bigger component of its business but won’t reduce the number of its dealer networks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
Wells Fargo Rolls Out Contactless Withdrawals At Thousands Of ATMs
October 11, 2017

Wells Fargo announced Tuesday (Oct. 10) it has rolled out a tap-and-pay near-field communication (NFC) functionally that works with more than 5,000 ATMs around the country. In a press release, Wells Fargo said the new feature, which is available for debit card holders, can be...

Security & Fraud
Symantec CEO Calls Governmental Code Reviews Dangerous
October 11, 2017

Cybersecurity firm Symantec is putting the kibosh on its former practice of allowing governments to review the source code of its software. According to Symantec Chief Executive Greg Clark, allowing such inspections runs a high risk of the security of its products being compromised. Get...

Retail
Connected Commerce: It’s Not Just For Retailers
October 11, 2017

Think you can’t teach an old finance dog new tricks? Think again. 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...

Security & Fraud
Online Commerce And Crime Keep Pace
October 11, 2017

It goes without saying that fraudsters follow the money. Since the U.S. lags behind other countries that have already adopted EMV card standards (so far, there are around 80 in total), it is only just beginning to see what those 80 other countries have already...

Retail
Alibaba And The Emergence Of VR eCommerce
October 10, 2017

While not much of an event, yet, on North American shores, elsewhere in the world the countdown to Singles Day is underway. The price of cardboard is soaring in China for fear that boxes will run out, retailers nationwide have started advertising Singles Day sales...

Retail
IKEA Explores New ‘Open-Source’ Design And ‘Co-Create IKEA’ Options
October 10, 2017

In retail news, Scandinavian home furnishings chain IKEA has announced plans to test full-range showrooms and an “open-source” design, according to reports from Reuters on Monday (Oct. 9). The new concept stores have already launched as trials in smaller city centers, including order and pickup...

Retail
HelloFresh Is Heading Toward An IPO
October 10, 2017

Blue Apron rival HelloFresh has announced its plans for an IPO that could leave the Rocket Internet-launched firm with a $1.8 billion valuation, The New York Times reported Tuesday (Oct. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited...