News

Retail
Here’s What IBM Thinks Retail Will Look Like In 2020
September 12, 2016

The rise of eCommerce, the push toward omnichannel shopping platforms, the increasing relevancy of social media on shopping habits and the development of the Internet of Things to plumb every last morsel of data on customers and what they spend money on are all rapidly...

Banking
Wells Fargo Offers Regrets, But Doesn’t Admit Misconduct
September 12, 2016

In the wake of firing more than 5,300 employees and paying $185 million in fines to help settle an investigation into what some have called “sham bank accounts” created without express permission from clients, Wells Fargo has express regrets — but stopped short of agreeing...

Loyalty & Rewards
American Express Launches Use Points For Purchases
September 12, 2016

American Express Canada announced on Friday (Sept. 9) the launch of Use Points for Purchases, a new service that allows eligible cardmembers to use Membership Rewards points towards a wide range of everyday purchases charged to their card. Get the Full Story Complete the form...

Behind The CapitalFront/Lenders One Cooperative Cooperation
September 12, 2016

CapitalFront has inked a pact with mortgage banking alliance Lenders One Cooperative. As Brian Simon, CEO of the online lender, tells PYMNTS, the relationship can help uncover new borrowers seeking SMB funding.

Partnerships / Acquisitions
Ford Buys Chariot, Wants To Solve Cities’ Transportation Woes
September 12, 2016

Ford announced on Friday (Sept. 9) it is acquiring Chariot, a San Francisco-based crowdsourced shuttle service. The car maker also said it is collaborating with Motivate, the bike-sharing company, to expand transportation solutions in city centers. In conjunction with the buy and partnership, the company...

eCommerce
Digital Commerce Increased 22 Percent In Second Quarter
September 12, 2016

Digital commerce increased 22 percent in the second quarter, surpassing industry expectations, according to Demandware, the Salesforce company. 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...

B2B Payments
A Corporate Finance Trip Around The World
September 12, 2016

The corporate finance space is in flux, but how it’s changing depends on the market in which you stand. PYMNTS takes a quick trip across the globe to explore business finance trends in the U.K., U.S., Middle East and Asia and discovers new winners in...

B2B Payments
Coupa Filing Confirms IPO Plans
September 12, 2016

Spend management software company Coupa first grabbed headlines when it entered the Unicorn Club following its $80 million investment round last year. Now, the company is doing it again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Omnicommerce
How Payments Powers Omnichannel
September 12, 2016

You know what they say: If it’s not one thing, it’s another. Retailers have cleared the EMV hurdle and are now looking for what’s next. Marc Castrechini, VP of product management at Cayan, told Karen Webster that the answer lies in unified commerce and why...