News

Retail
Mall Closures Hit Small-Town America Hard
January 20, 2017

The rise in online shopping continues to have dire impacts on the traditional shopping model. As a result, announcements of mall closures and brick-and-mortar outputs shutting down have become all too common. Get the Full Story Complete the form to unlock this article and enjoy...

International
Alibaba Is More Interested In Partnerships Than Acquisitions
January 20, 2017

Despite a several years-long run of making some massive acquisitions, Alibaba Executive Chairman Jack Ma says that 2017 will be a bit different. Ma noted that this year, Alibaba is looking to do a lot less buying and a lot more collaborating. Get the Full...

B2B Payments
Cards And The Platform, Beyond Corporate Payroll
January 20, 2017

Unbanked employees, including Millennials, find convenience and value in using payroll cards, and so do their employees, says Cardplatforms CEO and Co-Founder Jeff Foster. And with the advent of instant issue cards, prepaid cards offer both parties efficiency (and security) in managing both payroll and...

International
Will Donald Trump Curb H-1B Visas?
January 20, 2017

Indian outsourcing firms are facing the wrath of President-elect Donald Trump with the soon-to-be 45th president forcing technology outsource companies to reconsider their hiring strategies in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Western Union To Pay $586M To Settle With DoJ
January 20, 2017

The world’s largest money transfer company, Western Union, has agreed to pay a $586 million to settle charges that its anti-money-laundering controls were too lack, enabling millions of dollars of prohibited transactions to be completed. Get the Full Story Complete the form to unlock this...

Investments
Amex Earnings: Spend Gains But Profits Lag
January 20, 2017

American Express Co. said on Thursday that its fourth-quarter net income in 2016 was off 8 percent, weighed down in part by marketing expenses, and, as Bloomberg noted, reserves were taken to cover bad loans, which were up nine percent. Get the Full Story Complete...

Payment Methods
Fiserv, De Surinaamsche Bank Expand Relationship
January 20, 2017

Fiserv, the financial services technology solutions company, announced Thursday (Jan. 19) that De Surinaamsche Bank (DSB), the largest commercial bank in Suriname, has extended and expanded its relationship with the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
iZettle Accepts UnionPay In 10 EU Markets
January 20, 2017

iZettle, the European technology company, and EMEA announced Thursday (Jan. 19) the addition of UnionPay, one of the largest card networks in the world, to its range of accepted credit and debit cards. Get the Full Story Complete the form to unlock this article and...

Retail
Uber Will Pay $20M Fine For Drivers’ Earnings
January 20, 2017

Taxi-hailing app Uber Technologies is paying $20 million in a settlement with the U.S. government over charges it exaggerated potential earnings when trying to recruit drivers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...