News

eCommerce
Jet Launches Amazon Private Label Foil
October 23, 2017

Aiming to go after the urban millennial crowd, Jet.com, the online retailer owned by Walmart, has launched a private label business called Uniquely J. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Whole Foods Resolves Data Breach
October 23, 2017

The credit card data breach recorded at some Whole Foods locations has been resolved, according to a statement from the company. The breach, announced Sep. 28, was restricted to certain venues within stores; main grocery checkouts were not affected. Get the Full Story Complete the...

Banking
JPMC Launches Finn — Its New Take On Online Banking
October 23, 2017

Today, in a move aimed at bringing newer and younger depositors to the bank, JPMorgan Chase and Co. has announced the launch of Finn — a new smartphone app designed to allow users to open a bank account, make deposits, issue checks, track spending and...

Alternative Finances
SoFi Tried To Sell Itself For $8B Earlier This Year
October 23, 2017

According to reports in The Financial Times, SoFi explored the possibility of an $8 billion sale earlier this year — a process that went far enough that it held talks with San Francisco-based broker Schwab. Get the Full Story Complete the form to unlock this article...

Security & Fraud
A Fraudster Speaks Out On Account Takeover Fraud
October 23, 2017

If fraud attacks are the flu, then the Equifax data breach was a raging fever: a symptom (albeit a dramatic one) of a larger illness that will almost inevitably infect any organization that hasn’t had its shots. Get the Full Story Complete the form to...

Security & Fraud
Four “Need To Knows” About Balancing Digital UX And Security
October 23, 2017

What do consumers want? Merchants think they have the answers: ease, efficiency and instant gratification. Oh, and security, too – but not at the expense of that frictionless user experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Mobile Commerce
What Tech Will Make Irrelevant For The Class of 2035
October 21, 2017

Consider, for a moment, the Class of 2035. What’s wrong with these kids of the future? Nothing, actually. Their future is just showing up all over the place — but differently than expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
Marqeta Powers Instant Card Issuance For Alipay Users Stateside
October 20, 2017

Marqeta, an open API card issuer, and Alipay, a third-party payment platform popular in China, have announced news of a partnership that will make using Alipay easier in the U.S. Marqeta’s API platform will reportedly ease completion of Alipay’s payments in real time. Get the...

Mobile Payments
Chase To Enable Alipay Acceptance At Chase Merchants
October 20, 2017

Alipay announced news on Friday (Oct. 20) that it is working with JPMorgan Chase on a plan to allow Chinese consumers traveling in North America to pay using their Alipay Mobile Wallet at Chase merchant clients. With 4 million Chinese tourists expected to visit North...