While Alibaba and its charismatic founder tend to eat up a lot of the Western press when it comes to Chinese eCommerce and its national explosion, Tencent has quietly been growing an ever-larger and more global footprint — and a bigger valuation to go along...
Traditional banks should definitely be concerned about FinTechs after a new survey found that consumers are eager to see technology companies take on financial institutions with new banking solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Card not present (CNP) fraud is on the rise. Fraudsters are adept and adapting to the paths of least resistance when it comes to scamming merchants, issuers and consumers. But there’s also a danger tied to “friendly fraud,” a $331 billion problem decimating revenues and...
Last week, we told you a tale of two Fed studies, which were putatively about the same topic, but drew nearly opposite conclusions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Jewelry shopping doesn’t seem like a friction-filled retail category, but any consumer who has spent time trying to purchase the right piece can affirm it’s not exactly a consumer-optimized process. There are thousands of designers, and very slight variations are the difference for consumers between...
The company doth protest too much. And this time, it’s really awkward: At the same time that Alibaba co-founder Joe Tsai announced he was purchasing 49 percent of the Brooklyn Nets NBA franchise, the company’s shopping sites were loaded with fake Nets gear. Get the...
There are few things more fashionable in 2017 than a progressive woman — but why stop at politics? Rebecca Minkoff’s connected handbag line lets the modern lady carry progress in a cross-body. If the modern man wants to get in on the smart clothing trend, there’s...
Walmart is jumping onto Tesla’s electric tractor trailer truck bandwagon early with an announcement that it plans to test run the recently previewed, soon-to-be-released vehicles. Five of the pre-ordered vehicles will service Walmart U.S.; 10 will service Walmart in Canada. Get the Full Story Complete...
Retailer Macy’s is looking to have a more structured Christmas this year, with reservations to see Santa Claus this holiday season being required for the first time ever at its flagship 34th Street store in New York City, New York. Get the Full Story Complete...
