News

Investments
VW Investing In LA Connected Car FinTech, AutoGravity
July 07, 2017

Volkswagen Credit made news on Thursday when it announced that it is taking an equity stake in AutoGravity, a FinTech firm focused on car shopping and auto financing across mobile devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Merchant Innovation
Wells Fargo Debuts Stakeholder Relations Group
July 07, 2017

 Wells Fargo announced Thursday it is launching a new division combining a series of work functions from investor relations and corporate relations to public policy. The division launch comes in the wake of well-publicized scandals that have “tarnished the bank’s reputation,” according to Reuters. Get the...

Merchant Innovation
Retail Self-Checkouts Soar Globally
July 07, 2017

It’s been a good year for self-checkouts in the retail industry. 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 newsletter, PYMNTS Today. By completing...

Security & Fraud
CopyCat Malware Strikes 14M Androids
July 07, 2017

In cybersecurity news, as many as 14 million Google Android devices were hit with malicious ransomware that, as part of a widespread campaign, has been dubbed CopyCat, Fortune Magazine reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

eCommerce
Vantiv On Why Electronic Payments Are SMBs’ Next Natural Evolution
July 07, 2017

While there are many reasons why small merchants should be able to take digital and online payments — including better conversion rates, wider exposure to a bigger audience and better data about consumers — Dusty Gomez, SMB product leader at Vantiv, says it all comes down to...

Banking
Can APIs Save Traditional Banks?
July 07, 2017

Banks were once the great riverbed of financial activity. Today, the flow of cash is gradually being diverted through other, third-party channels because of services that are unavailable from banks. It’s not totally the banks’ fault — their hands are often tied by regulations and processes...

Faster Payments
NEW REPORT: To Mandate Or Not To Mandate? That’s The US Faster Payments Question
July 07, 2017

Big changes are coming to the faster payments landscape. But don’t worry about blinking and missing them, because these changes are going to stick around for a while and have the potential to make a long-lasting impact on how money is exchanged. Get the Full...

Retail
QVC Locks Up HSN in $2-Billion Acquisition Deal
July 06, 2017

Online shopping has most certainly redefined what it means to shop without being in a brick-and-mortar store. 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...

Retail
Malls Challenge eCommerce Era With Costly Upgrades
July 06, 2017

With the vast number of bankruptcy filings and department store closure announcements over the past year, it’s safe to say the retail industry has taken a hit in the digital age. As the retail revolution continues to undergo its transition in today’s eCommerce-driven era, shopping malls...