News

Retail
Fitch Ranks Sears, Claire’s As At High Risk For Default
September 29, 2016

According to a Fitch Ratings study of retail bankruptcies, several high-profile chains are running a reasonable risk of default within the next year, including Sears, Claire’s, rue21, True Religion and Nine West. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
As Online Sales Grow, So Does Cyberfraud
September 29, 2016

One of the unintended consequences in the rise of eCommerce is a related rise in cyberfraud attacks on online shoppers. 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...

Retail
What Drives Online Sales? Content.
September 29, 2016

When consumers are shopping for or browsing products online, they want as much information as possible to help them make purchasing decisions, according to a new study. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-Border Shopping Tracker: France
September 29, 2016

Paris and the entire country of France offer many opportunities for “cross-border” commerce — from tourists who visit France from other parts of the world to French citizens who use the internet to shop outside of the country. Get the Full Story Complete the form...

Europe
Lydia Bags $7.8 Million For P2P Payments
September 29, 2016

Lydia — a French P2P payments start-up — has grabbed $7.8 million for expansion in other European countries. The service is designed to allow fee-free transfers between friends via mobile. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Samsung Betas Samsung Pay For Gear S2
September 29, 2016

Samsung is gearing up to let users of its Gear S2 watch make payments. Starting on Wednesday (Sept. 28), the Samsung Gear app on Android includes the option to enroll in the Samsung Pay beta for Gear S2. Get the Full Story Complete the form...

Digital Banking
Citigroup Jumps On the ClearXchange Bandwagon
September 29, 2016

The big banks’ last best hope to undercut P2P pioneer and perennial millennial favorite Venmo got its newest convert — long time holdout Citibank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Blockchain Headed More Mainstream, IBM Says
September 29, 2016

Could 2016 be “The Year of the Blockchain?” Some research says it could indeed be. 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,...

Banking
Wells Fargo Independent Board Furious About CEO Stumpf’s Handling Of Scandal
September 29, 2016

Wells Fargo Chief Executive John Stumpf’s move to give up around $41 million in unvested equity was prompted in part by board members who were furious about how the CEO handled the fake account scandal. Get the Full Story Complete the form to unlock this...