News

Security & Fraud
Hackers Take Crimeware-As-A-Service To New Heights
December 09, 2016

Botnet attacks are not only growing in popularity among hackers, but they are also delivering a new level of sophistication and danger to businesses and consumers worldwide. In this week’s Hacker Tracker, PYMNTS caught up with security experts at digital security products provider Avast Software...

Bitcoin
Bitcoin Tracker: An Outrageous Prediction
December 09, 2016

The second week of December saw bitcoin sit pretty solidly in the 750s and 760s after last week’s high point of $777 — on trend for relatively stable (by cryptocurrency standards) growth upward since dipping down into the 550s this past summer. At the time...

Retail
Double-Digit Sales Growth For Lululemon In Q3
December 09, 2016

Athletic apparel maker Lululemon Athletica said a strong showing across Black Friday weekend helped the firm rebound from what had been a soft fourth quarter initially, even as sales were up double digits from a year ago in the third quarter. Get the Full Story...

Retail
After Slump, Costco Same-Store Sales Rebound
December 09, 2016

Costco Wholesale said that same-store sales rose 1 percent in the latest quarter, bucking the impact of deflation and the considerable competition that exists for consumer dollars among retail giants and big-box chains. Get the Full Story Complete the form to unlock this article and...

Retail
Trump’s Labor Pick May Impact Minimum Wage
December 09, 2016

President-elect Donald Trump’s pick for the secretary of labor position in his new administration may have been impacts on the state of minimum wage increases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Data Enablers: OfferCraft, Gaming The System For Both Customer & Merchant
December 09, 2016

The U.S. gaming industry is worth roughly $51 billion, as more than 155 million Americans play some kind of game regularly, many of them through a console. But who doesn’t like to win something or gain something, whether or not they know they’re offering up...

Warby Of X: Oliver Cabell, Handbags With A Transparent Story
December 09, 2016

The handbag space is fierce and competitive. According to Barclays, expectations for the industry included 3 percent growth to nearly $12 billion in 2015, after declining by 8 percent in 2014. Looking to the future, by 2019, analysts anticipate the market to grow at CAGRs of...

Partnerships / Acquisitions
Vantiv, PPRO Team On Alternative Payment Methods
December 09, 2016

Vantiv, a provider of payment processing services and technology for merchants and financial institutions, announced it, along with PPRO Group, a cross-border ePayment provider, are partnering up to provide international alternative payment methods (APMs) to Vantiv’s merchants. Get the Full Story Complete the form to...

Security & Fraud
ThyssenKrupp Trade Secrets Stolen In Massive Hack
December 09, 2016

ThyssenKrupp, the German steelmaker, disclosed Thursday (Dec. 8) that it was hacked and the bad guys stole technical trade secrets from its steel product and manufacturing plant design divisions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...