News

Omnicommerce
Warehouse Space Going For Premium Rates
July 14, 2016

Brick-and-mortar merchants are far from being free from the problems that plague their particular brand of retail, but even they have to look at online retail rising rents for warehouse space with a little bit of mirth. According to a new report from CBRE, things are about...

Mobile Commerce
New Coupon Strategies Give Shoppers Convenience Instead Of Control
July 14, 2016

For most retailers, the name of the game is convenience. It doesn’t matter what they sell or what channel they do it through; the maxim holds that, if the checkout process is free from as much friction as possible, shoppers will hit fewer speed bumps...

Payment Methods
Transport for London Licenses Contactless Payment Technology
July 14, 2016

When it comes to accepting payments for transportation, London has got something over a lot of other cities around the world: ease of use. Riders of its underground Tube are accustomed to swiping a bank card, mobile phone and smartwatch to get in and out...

Mobile Commerce
Washington, D.C. Fire, EMS Mulling Using Uber
July 14, 2016

911 calls are on the rise in Washington, D.C., prompting officials to mull using Uber cars and drivers to handle some of the workload. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

CSI globalVCard Ramps Up Staff On B2B/FX Demand
July 14, 2016

Two new hires at the corporate payments firm discuss the challenges and opportunities that lie before it and SMBs in FX and B2B payments.

Security & Fraud
Did The FDIC Cover Up A Chinese Hack?
July 14, 2016

According to a new Congressional Report, there is bad news, worse news and worst news when it comes to the cyber-security situation at the Federal Deposit Insurance Corporation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Merchant Innovation
Shopify-Owned Chatbot Launches On FB Messenger
July 14, 2016

There was a point in the 90s at the height of the telemarketing boom when talking to a human operator seemed like finding a needle in a haystack of automated robocalls. If many more chatbots hop onto Facebook Messenger, that may be the experience for...

Security & Fraud
Cybersecurity Firm Bay Dynamics Nabs $23M
July 14, 2016

Cyberrisk analytics company Bay Dynamics announced on Wednesday (July 13) that it secured $23 million in a Series B funding round, led by Carrick Capital Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Ransomware Scam Gets Uglier, Won’t Give Back Computer Files
July 14, 2016

When it comes to ransomware, there is a light at the end of the tunnel: Pay the ransom, and you get your files back. But a new variant on the ransomware attack is changing all that, leaving victims scrambling to figure out what to do....