News

International
Stripe Pushes Into China With Alipay And WeChat Partnerships
July 10, 2017

U.S. technology company Stripe has announced it will soon open its merchants’ websites for commerce with hundreds of millions of Chinese consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Sears To Close 8 Namesake, 35 Kmart Stores
July 10, 2017

Sears, the embattled retailer, is gearing up to close eight of its brick-and-mortar department stores and 35 Kmart stores in an effort to slash costs and square footage and return to a profit, reported Reuters. Get the Full Story Complete the form to unlock this...

Payment Methods
Americans Want Paper Checks To Die (#KillTheCheck)
July 10, 2017

Cash is garnering less interest among American consumers, who are excited about mobile payments. That’s according to a new survey from Viewpost, which polled 1,000 consumers in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Sam’s Club Is Testing Delivery For Business Customers
July 10, 2017

Warehouse retailer Sam’s Club is testing a delivery service for its business customers in Dallas, Texas. 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...

Payment Methods
Visa Looks To Bring QR Code Payments To Taiwan
July 10, 2017

Apple Pay, Samsung Pay, and Android Pay all debuted in Taiwan this spring, but Visa still thinks there’s untapped opportunity in this seemingly saturated market: quick response (QR) codes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
Does The U.S. Faster Payment System Need A Federal Mandate?
July 10, 2017

Get ready. When the Fed’s Faster Payments Task Force issues its mammoth recommendation for strengthening the U.S. payment system later this month, it’s unlikely a federal mandate will make the cut. That’s Roy DeCicco’s take, at least. For July’s Faster Payments Tracker™, DeCicco, who’s managing...

Payments Innovation
Commuting’s a Drag, But Contactless Can Ease the Misery
July 08, 2017

Summer’s here, and the commute is likely sticky and dreary and just as long, or longer as it ever was.  We waste too much time on the way to salt mines and part of the problem lies in the inefficiencies of buying tickets in the...

Security & Fraud
Experts Say NotPetya Cyberattack Came From Russia
July 07, 2017

Experts are saying that the complexity and scale of the latest global cyberattack point to a hostile government, not a criminal group, as the originator of the attack. And many of them have an educated guess about who it was: Russia. Get the Full Story...

Retail
Costco Squeaks By Last Year’s Sales
July 07, 2017

After Amazon’s $13.7-billion acquisition of Whole Foods, others in the grocery industry saw their shares slide. 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...