News

Retail
Loop Commerce Makes eGifting 24/7/365, Day-Of
December 29, 2016

It’s the worst. 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 agree to receive marketing communications...

Payments Innovation
Payments 2016: The Year Of Major Shifts
December 29, 2016

Commerce paradigms are shifting, but with new technologies and quickening innovation, the question remains if real value is still being delivered. Michelle Tinsley, director of mobility and secure payment solutions, Internet of Things group, retail solutions division at Intel, shares why the industry can’t forget...

B2B Payments
Suppliers To Usher In Dynamic Discounting
December 29, 2016

Some B2B payments players have predicted that, on the accounts payable side of the transaction, higher interest rates will lead companies to extend their payment terms and to seek out AP technologies that offer integrated supplier financing solutions to help with that cash flow crunch...

B2B Payments
Banks Need FinTech To Stay Competitive – And Secure
December 29, 2016

There seems to be no shortage of action in the corporate banking space, whether it be scandals (like Royal Bank of Scotland’s Global Restructuring Group fiasco), cyberattacks (such as the $81 million stolen from the central bank of Bangladesh) or anomalies like Brexit impacting top...

B2B Payments
Staples Turns To Machine Learning For B2B Sales
December 29, 2016

Staples Business Advantage, the B2B eCommerce unit of the office supplies company, is ramping up its attention to machine learning in an effort to boost performance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Blockchain Patent Wars Heating Up Among Big Banks
December 29, 2016

Some of the largest banks already involved in blockchain development are now in a race to snatch up patents from the technology, reports said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Wells Fargo’s Reputation Rebuilding Strategy
December 28, 2016

Despite it being an uphill battle, Wells Fargo is continuing its attempt to win back customers and improve its reputation. Now, the strategy is to work with customers to make it right, on a one-on-one basis. Get the Full Story Complete the form to unlock...

Retail
Apple Dominates Samsung In Holiday Sales Battle
December 28, 2016

The numbers are in, and Apple officially outdid Samsung when it came to holiday sales this year. 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...

Retail
Rent The Runway In $60M Series E, Plans Growth
December 28, 2016

Luxury apparel rental business Rent The Runway announced recently that it has closed a new $60 million equity investment Series E led by Fidelity Investments. The Series E was rounded out with additional contributions from existing investors, including Bain Capital Ventures and Technology Crossover Ventures....