News

Retail
Volkswagen To Push Online Auto Sales In Denmark
February 16, 2017

Buying cars is one of the last bastions of making the trek out to a physical store to make a purchase. In most parts of the world, this still rings true, but not for the country of Denmark anymore. Get the Full Story Complete the...

Visa, IBM Make Every IoT Device A POS Device
February 16, 2017

Payment with a connected device requires hardware, of course, at the point of payment. And until now, most often, the point of payment required a specialized bit of hardware. Usually on a merchant countertop. Get the Full Story Complete the form to unlock this article...

Retail
ReplyYes Makes Beautiful Music With Messaging Commerce
February 16, 2017

A little under a year ago chatbots emerged with great fanfare — the world of e-commerce was about to change fundamentally. Web pages were done, apps were passé and pretty soon all commerce was going to take place within the confines of Facebook Messenger and...

Partnerships / Acquisitions
UCI/Filene Partner On Credit Union FinTech Research
February 16, 2017

The Institute for Money, Technology & Financial Inclusion (IMTFI) at the University of California, Irvine announced Wednesday (Feb. 15) that, along with Filene Research Institute, a credit union and consumer finance think tank, it has launched a research hub at UCI focused on studying how emerging...

Regulation
FTC Bans Florida Company For Aiding Telemarketer Scam In India
February 16, 2017

The Federal Trade Commission announced Wednesday (Feb. 15) that it has charged a Florida man with aiding telemarketers in India with scamming cash-strapped consumers in the U.S. and is now banned from helping any telemarketers as part of a settlement. Get the Full Story Complete...

Partnerships / Acquisitions
Bargain Sale: Moosejaw Sells To Walmart For $51M
February 16, 2017

Walmart continues its eCommerce shopping spree, this time with the purchase of fast-growing outdoor gear retailer Moosejaw for $51 million. The deal comes only a few weeks after Walmart bought online footwear store ShoeBuy and six months after its purchase of Jet.com. Get the Full Story...

Security & Fraud
Cyberattacks Cost Businesses Big Time
February 16, 2017

Cyberattacks are costing businesses more than ever before. 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 this form, you...

Partnerships / Acquisitions
SoftBank Buys Fortress Investment Group For $3.3B In Cash
February 16, 2017

SoftBank of Japan announced earlier this week that is acquiring Fortress Investment Group in an all-cash deal valued at around $3.3 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Etsy Rolls Out Etsy Studio For The DIY Enthusiast
February 16, 2017

Etsy is expanding its business footprint — it doesn’t just want to create the marketplace where consumers can by all their handmade needs, it is also looking to be the middleman that supplies all those crafters with the materials they need to hand-make all that...