News

Retail
Macy’s And Kohl’s Slash Outlooks
January 05, 2017

Macy’s shares tanked in late trading, taking other retailers down with it, after slashing its earnings outlook and announcing it will reduce its workforce by 6,200, or 4 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
Mitek Powers Mobile Deposits For American Cancer Society
January 05, 2017

Mitek, a mobile capture and identity verification software company, announced Wednesday (Jan. 4) the American Cancer Society is licensing and integrating Mitek’s Mobile Deposit and MiSnap products into its mobile fundraising app. Get the Full Story Complete the form to unlock this article and enjoy...

Payments Innovation
The Car As A Commerce Platform?
January 05, 2017

German payments group Concardis announced a new partnership with automotive developer IAV to establish a car-based commerce platform called Automotive Marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
Ford, Toyota Team Up Against Google, Apple
January 05, 2017

Two of the biggest names in automobiles may be taking on two of the biggest names in tech. 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...

Carnival Cruises To Reveal Smart Medallion For Guests
January 05, 2017

What Walt Disney World learned a few years ago, Carnival is getting wind of. After WDW successfully launched a $1 billion vacation management system with the MyMagic+ band — complete with tracking personal information about what rides customers went on, where they went in the park,...

B2B Payments
Questions Surround Mastercard-VocaLink Buy, For Faster Payments And Beyond
January 05, 2017

As the Competition and Markets Authority raises questions about Mastercard's pending buyout of VocaLink, what might that mean for faster B2B payments?

Payment Methods
South Korea’s First Online-Only Bank To Open This Year
January 05, 2017

K-Bank, the South Korean online-only bank, is slated to open during 2017, marking not only the first online-only bank in the country but the first new bank to open its doors in South Korea. Get the Full Story Complete the form to unlock this article...

Merchant Innovation
Pepper The Sales Robot A Hit For SoftBank
January 05, 2017

Americans are not terribly familiar with Pepper — the robot helper — today, but SoftBank is determined that it will soon conquer U.S. shores with its automated adorableness. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
Helsinki Airport Now Accepts Alipay
January 05, 2017

Helsinki Airport in Finland is one of the first airports in Europe to now enable Alipay. According to a press release, Finavia, which operates the Helsinki Airport, said the move to support Alipay is in response to a rapid increase in the number of Chinese passengers...