News

Acquiring
Cabela’s Up On The Block And The Bids Are Coming In
June 20, 2016

When rumors of sales and acquisitions start popping up, it’s usually in a given retailer’s best interest to play their cards close to the chest and avoid spooking investors and markets alike. However, there’s only so long gossip like that can be kept under wraps,...

Merchant Innovation
SuperValu Heads Toward Grocery Spin-Off
June 20, 2016

TV spinoffs have plenty of blemishes on their record, with few surviving past their often mercifully short first seasons. The same story also plays out in the retail sphere: When a merchant decides to spin off one of its subsidiaries, they better be sure it...

Mobile Commerce
Emojis Are The Newest Marketing Tool On Twitter
June 20, 2016

A few years ago, Baby Boomers used to complain that texting was degrading the average teen’s language abilities. Now that emojis have burst onto the scene as an entire generation’s de facto mode of digital expression, it’s less about figuring out where they came from...

Fintech Investments
Plaid Technologies Scores $44M Off Goldman Sachs-Led Round
June 20, 2016

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. San Francisco-based Plaid was founded in 2012 with the vision of making the world a better place for FinTech firms...

Merchant Innovation
Another On-Demand Delivery Service Shifts Gears
June 20, 2016

Since Amazon made on-demand delivery the feature of choice for any retailer capable of delivering it, plenty of merchants who had no business doing so had no choice but to stomach the costs and ship like they’ve never shipped before. An entire cottage industry of turnkey...

Apple’s Latest Drama With Chinese Regulators
June 20, 2016

Apple hasn’t quite smoothed out its regulatory issues in China. 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...

Regulation
Fantasy Sports Get A Legal Go-Ahead In New York State
June 20, 2016

The New York legislature has given a thumbs-up to fantasy sports, passing a bill early Saturday (June 18) that explicitly legalizes and regulates fantasy sports betting in New York. It remains uncertain at this time if New York Governor Andrew Cuomo will sign the bill....

Security & Fraud
Oklahoma Accused Of Seeking Illegal Bank Account Access
June 20, 2016

The Oklahoma Department of Public Safety (DPS) is coming under fire for its alleged request for illegal access to consumer bank accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
Wells Fargo Helps Businesses Take B2P Payments Digital
June 20, 2016

Wells Fargo said late last week that it is introducing a new payment option as part of its existing Payment Manager service that will allow for B2P payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...