News

Retail
Getting Retailers To The Point Of No Returns
November 02, 2017

What’s the worst part of the holidays? It could be a draw between Aunt Martha’s fruitcake that nobody really wants, Uncle Eddie’s drunken political rants and Dominic the Christmas Donkey. But, if you ask a retailer, you’ll probably get the same answer no matter which...

Artificial Intelligence
Chinese, Russian Investors Pour $460M Into Chinese Facial Recognition Startup
November 02, 2017

Megvii Face++, the Chinese facial recognition startup, has raised $460 million in venture capital funding, led by the Chinese government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Walmart To Throw 20,000 Holiday Parties
November 01, 2017

Walmart plans to throw thousands of parties in its Supercenter retail locations this holiday season, according to news from Fortune. The move is likely an attempt to boost the in-store experience and convince customers to shop with the retailer rather than its rivals. Get the Full...

Retail
Pomelo’s Fast Fashion, Affordable Pricing And Global Ambitions
November 01, 2017

Launched in Thailand in 2014, Pomelo has always had a bigger vision for its fast fashion eCommerce shop as a global brand bringing value to fashion forward consumers, wherever they may happen to be buying. Get the Full Story Complete the form to unlock this...

Retail
Walmart Will No Longer Carry Danskin Brand
November 01, 2017

Walmart will no longer carry Danskin brand apparel products in its stores or on its website, according to New York Post reports from Tuesday (Oct. 31). The retailer will remove the products from its shelves in 15 months.  Get the Full Story Complete the form...

Retail
The Matchmaker Is In: Bootler, the Kayak Of Online Food Delivery
November 01, 2017

Pizza or Chinese, sushi or Indian? Deciding where to order food has always been a point of group contention. Michael DiBenedetto, founder and CEO of Bootler, was having just such an argument when he sensed a friction point in the food delivery industry and decided...

Retail
Macy’s Herald Square Features Unique Samsung Experience
November 01, 2017

Macy’s and Samsung announced the launch of a unique Samsung experience at the retailer’s flagship location in New York City. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

News
Fiserv Q3 Posts Low Single Digit Payments Growth
November 01, 2017

Financial services technology firm Fiserv reported results for the third quarter that showed top line growth even as some revenue streams were pressured. Earnings missed consensus estimates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Corporates Lack Visibility Into Travel Spend Methods, GBTA Finds
November 01, 2017

Small- and medium-sized businesses (SMBs) often lack visibility into how their traveling employees are making payments and spending company money, finds a new survey from the Global Business Travel Association (GBTA) Foundation, which was released on Tuesday (Oct. 31). Get the Full Story Complete the...