News

Retail
Sears CEO Lashes Out At “Irresponsible Media”
May 11, 2017

As it turns out, President Trump is not the only chief executive frustrated by his media narrative and the “fake news.” Sears CEO Eddie Lampert has some equally negative sentiments for the press corps, which he blames for his firm’s recent run of woe. Get the...

Payment Methods
Western Union Launches 40th Wu.com Website For Money Transfers
May 11, 2017

The Western Union Company, a global payments company, announced Wednesday (May 10) that it has activated its 40th wu.com transactional website, now providing full digital access for cross-border person-to-person (P2P) money transfer services across major developed nations, including the U.S., Canada and major parts of...

Merchant Innovation
Walmart And Jet Open Grocery Retail Concept In New York
May 11, 2017

As of yesterday, New Yorkers had a new way to shop for groceries appear on their collective radar — Jet.com opened a temporary grocery store in partnership with Rachel Shechtman’s Story, a 2000 square foot retail concept store. Get the Full Story Complete the form to unlock...

eCommerce
Carvana Expands Into The Chicago Area
May 11, 2017

Carvana, the eCommerce platform for buying used cars, announced Wednesday (May 10) that it is expanding to Chicago, the company’s first market in Illinois and the 25th market in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

eCommerce
European Commission Focuses On E-Commerce; Driving Digital Activity
May 11, 2017

The European Commission has come out with a mid-term review of its Digital Single Market strategy that is geared toward reducing the barriers to eCommerce and driving digital activity across Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
NAC Says ATM Operators Aren’t Seeing Skimming Problems
May 11, 2017

The National ATM Council announced Wednesday (May 10) the results of its 2017 U.S. Retail ATM Skimming Survey and found nine out of 10 survey respondents said they have never encountered a skimming device on the ATMs’ routes. Get the Full Story Complete the form to...

B2B Payments
How Pairing Off Helps B2B FinTechs Stay Focused And Meet SMEs’ Demands
May 11, 2017

With FinTech innovators finally starting to give B2B solutions the attention they have longed for, there are now troves of platforms companies can access, from expense management to cash flow forecasting to supplier management. Get the Full Story Complete the form to unlock this article...

B2B Payments
Moneycorp Goes After SMEs With Corporate FX Acquisition
May 11, 2017

U.K.-based foreign exchange company Moneycorp is entering the U.S. market and targeting SME clients through its acquisition of Commonwealth FX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
B2B Payments Startup Accrualify Banks First VC
May 11, 2017

B2B payments company Accrualify, based in California, announced its first venture capital funding round. 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...