News

Retail
Coach Notches A Solid Quarter Betting On Exclusivity
November 02, 2016

Coach is rethinking the accessible luxury approach that has been a go-to strategy for various high-end brands in recent times. Lots of store openings and department store partnerships later, Coach is wondering if too much ubiquity is not such a good thing when one is...

Retail
What If Millennials Aren’t Quite As Different As Advertised
November 02, 2016

Millennials are different — a point hammered homed in a million ways, in a million think pieces written since the generation that started to be born in 1980 started to come of age about 10 years ago. And the narrative has been ramping up consistently...

Security & Fraud
Grandma Scam Culprits Caught
November 02, 2016

Courthouse News Service reported that the San Diego DA’s office has helped take down an international fraud scheme that targeted seniors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Partnerships / Acquisitions
IBM Acquires Expert Personal Shopper To Boost Watson’s Language Skills
November 02, 2016

IBM’s artificial intelligence project, Watson, is getting a language upgrade. 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...

Security & Fraud
UK To Spend Close To £2 Billion To Fight Cyberattacks
November 02, 2016

The U.K. government is reportedly gearing up to spend close to £2 billion over the course of the next five years to fight the growing number of cyberattacks in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Walmart’s Big eCommerce Executive Shake-Up
November 02, 2016

Given the price tag on the Jet.com acquisition, it comes as no surprise that big changes are coming to Walmart’s eCommerce operations; firms generally don’t pay $3 billion for something and then make no changes to accommodate the purchase. And those changes are becoming evident...

Mobile Commerce
Mobile Internet Use Officially Surpasses Desktop
November 02, 2016

For the first time ever, internet usage on mobile and tablet devices surpassed desktops on a worldwide basis in October, according to web analytics company StatCounter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
InAuth And Early Warning Ink Strategic Alliance
November 02, 2016

InAuth, the device authentication and intelligence company, and Early Warning, the real-time payments, authentication and risk mitigation company, announced Tuesday (Nov. 1) a strategic alliance that will enhance the security of real-time payment services within the mobile channel by leveraging the advanced device intelligence capabilities...

Security & Fraud
Shadow Brokers Posted A New Leak From NSA
November 02, 2016

Shadow Brokers, the group behind the publishing this past August of National Security Agency hacking tools, has posted a new leak that the group said showcases hundreds of organizations the NSA targeted over greater than a decade. Get the Full Story Complete the form to...