News

Partnerships / Acquisitions
The New York Times Inks $30M Consumer Guide Deal
October 25, 2016

The New York Times announced on Monday (Oct. 24) that it purchased an online product recommendation consumer guide called The Wirecutter for more than $30 million in an all-cash transaction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

American Department Stores Down, eCommerce Up
October 25, 2016

The American department store is suffering, and it’s no surprise that there’s a correlation with how well malls in the country are doing as well. As shopping shifts more and more to online, shopping centers and malls have been disappearing from the landscape, along with...

Holiday Sales Expected To Rebound, Health And Beauty Topping List
October 25, 2016

Holiday shopping sales are expected to rebound this year, with more than a 4 percent year-over-year increase. Last year’s growth of 3.6 percent will be outshined this year, which is a welcome bump for may retailers. Get the Full Story Complete the form to unlock...

Retail
SimplyTapp Launches Gane Mobile Payments App
October 25, 2016

The mobile proximity payments firm SimplyTapp said Monday (Oct. 24) that it has launched Gane, a new app that offers a range of functions, such as instant access to funds and tap-and-pay POS functionality. Get the Full Story Complete the form to unlock this article...

Retailers Should Contact Shoppers By Email, Says Study
October 25, 2016

Retailers should take initiative in communicating with shoppers — especially younger ones — by email rather than social media channels, a new report by Bluecore found. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Can Saks Win Back The Erstwhile Luxury Shopper With New Boutiques?
October 25, 2016

That luxury goods take a hit during a recession is not much of a surprise. But luxury goods struggling during a recovery? That is perhaps more unexpected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Visa Delivers Tokenization For The Long Tail
October 25, 2016

As commerce continues to get more and more connected, reaching even more devices, one of the biggest challenges at hand is ensuring those payments stay secure. One of the best ways to do this is via tokens. But tokenization isn’t always easy to scale and...

Connecting The Voice To B2B Payments
October 25, 2016

Biometric firm BioConnect is adding voice recognition capability to its platform via VoiceVault. Here's how the two combine to give better security over B2B payments.

Verifone’s Two Announcements: New Device, New Partnership
October 25, 2016

Two big announcements from Verifone today, both focused on ways for consumers to pay for items. One is a device — the Verifone V400m — and the other is a partnership with Alipay. Get the Full Story Complete the form to unlock this article and...