News

CFPB
CFPB Dings Zero Parallel For Steering Consumers To Predatory Payday Lenders
September 07, 2017

California-based Zero Parallel LLC has been hit with a $100,000 fine by the CFPB, which accuses it of intentionally steering customers toward predatory payday lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Making The Perfect B2B Payment
September 07, 2017

When organizations take in and pay out purchase orders and invoices, what does the perfect payment look like? Bob Sneed, vice president of corporate payments for the payment processing and information management service company WEX, said in a recent interview with Karen Webster that the...

Omnicommerce
NEW REPORT: Mirror, Mirror On The Wall, Who’s The Most Popular Merchant Of All?
September 07, 2017

These days for brick-and-mortar retailers, meeting consumers at their doorsteps goes beyond operating online and digital stores. 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...

Faster Payments
Coming Soon: Same Day ACH Phase 2 – Debits
September 07, 2017

Hollywood sequels tend to disappoint, but what about Same Day ACH sequels? In the latest PYMNTS Faster Payments Tracker™, powered by NACHA, Laura Steele, CEO of Regional Payments Association ePayResources, says that after demonstrating Y2K-like preparedness to ensure the smooth implementation of Phase 1 last...

Retail
How Food And Retail Can Collaborate Via Blockchain
September 06, 2017

Although many people equate blockchain technology with the banking and computer worlds, the technology is changing the food landscape as well. Companies like Walmart, Kroger and Nestle recently joined a partnership effort involving blockchain, signaling that the Internet of Things is making its way into...

Retail
AI Tracker: From Game Of Thrones To Biases, AI Had A Big Week
September 06, 2017

There are those who get excited about AI and those who fear it — and for everyone in between, there’s speculation. The AI industry is never short on innovations, but some people questioned this week whether making innovations quickly is a good thing. With speed,...

Retail
Changing Physical Retail’s STORY
September 06, 2017

Though the level of alarm one feels about the current state of physical retail in the United States can vary some, from mild concern to full-tilt fear of an oncoming apocalypse, there is no denying at this point that outside of a few continuously successful...

POS Innovation
An Appetite For Point-Of-Sale Change
September 06, 2017

Football season is here, and with it, everyone’s favorite stadium food (and least favorite stadium snack prices). According to The Cheat Sheet, a slice of pizza sees a markup of 69 percent to 75 percent at most sports stadiums. Popcorn is looking at 82 percent...

Retail
Online Mattress Company Casper Tries Out Brick And Mortar
September 06, 2017

Lie before you buy: Casper, the online bed-in-a-box startup selling mattresses by mail order, will soon allow customers to try those beds before having one shipped to their home. That’s on top of the company’s 100-day money-back trial. The New York City startup ships foam...