News

Merchant Innovation
Ocado’s Smart Platform Boosts Efficiency
November 30, 2016

U.K. online grocery store Ocado has been at the vanguard of online retail since its founding in the spring 2000. Ocado has no stores, nor has it ever.  It operates solely on a warehouse model. Get the Full Story Complete the form to unlock this...

Retail
Black Friday Sizzles, But Mobile Pay Fizzles
November 30, 2016

Black Friday results are in, and the overall winner was, of course, shopping in general, as consumers consumed. But expectations surpassed the reality of mobile phones, where Samsung Pay and Android Pay barely registered on the payments radar. Get the Full Story Complete the form...

Retail
Cross-Border Shoppers Purchasing Clothing Online
November 30, 2016

Close to 50 percent of cross-border digital buyers age 18 and over have made purchases of clothing, apparel, footwear and accessories from cross-border eCommerce sites during 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
SF Transit Hacker Gets Hacked
November 30, 2016

San Francisco’s Muni public transit system was reportedly hit by a ransomware attack over the weekend that took the light rail transit offline on Saturday (Nov. 26), right in the middle of the busy Thanksgiving holiday shopping weekend. Get the Full Story Complete the form...

Elizabeth Warren Slams Wells Fargo On Arbitration
November 30, 2016

The drumbeat against Wells Fargo got a bit louder on Capitol Hill, as Sen. Elizabeth Warren (D-MA) slammed the bank on Monday (Nov. 28), citing Wells’ attempts to have customers go through arbitration rather than pursue remedy in court. Get the Full Story Complete the form...

Security & Fraud
RCBC And Bangladeshi Minister Fight Over Blame In Massive Heist
November 30, 2016

RCBC, the Philippine lender, and a Bangladesh minister are fighting over who is to blame for tens of millions of dollars that were stolen from a New York bank and then disappeared in Manila, with RCBC balking at compensating Bangladesh Bank. Get the Full Story...

eCommerce
Cyber Monday Breaks eCommerce Records, Surpasses Expectations
November 30, 2016

Adobe Digital Insights has released its latest holiday shopping data. As predicted, this year’s Cyber Monday was one for the record books. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Mobile Payments
USAA Launches New Features For Its Digital Wallet, Including Samsung Pay
November 30, 2016

With the adoption of digital wallets growing in the U.S. and globally, USAA Bank recently launched new mobile pay features for its digital wallet to meet the needs of its user base, which are constantly changing. Get the Full Story Complete the form to unlock...

Partnerships / Acquisitions
Sionic Mobile ION Commerce Engine Integrating With Oracle Hospitality
November 30, 2016

Sionic Mobile announced on Tuesday (Nov. 29) the integration of its ION Commerce Engine (ICE) with Oracle Hospitality MICROS POS solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...