News

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....

Retail
Gen Z Leaves Its Mark On Omnichannel
December 28, 2016

Generation Z (ages 18 to 26) is leading the charge when it comes to the adoption and frequent usage of omnichannel shopping in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Bed Bath & Beyond Pilots New Loyalty Program
December 28, 2016

Bed Bath & Beyond, the home furnishings retail chain, announced that it is testing a new loyalty program among customers in hopes of boosting online sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
EverCompliant Fights Transaction Laundering
December 28, 2016

Israel-based cyber-intelligence company EverCompliant is the first line of defense against transaction laundering, the digital payments space’s equivalent of traditional money laundering. In a nutshell, transaction laundering allows prohibited merchants to find safe passage into the payment system by exploiting valid merchant accounts. Get the...