News

Risk Management
Chapter 11 Watch: Hastings Goes Dark, Ralph Lauren Unpops B&M Collar
June 17, 2016

The dog days of summer are almost upon the retail world, and if a warm winter wasn’t enough to suppress sales at some of the most established brands in the industry, the next few months could have a real impact on the look of the...

Partnerships / Acquisitions
ACI Worldwide Underpins Indopay Expansion
June 17, 2016

It’s tough enough to tread water in the modern eCommerce world when brands are going it alone, but if the question is expanding across borders, that’s another matter entirely. At the very least, that’s the philosophy Indopay has adopted with its new partnership with ACI...

Merchant Innovation
Olli Is IBM’s Self-Driving Shuttle (And Answer To Google)
June 17, 2016

The connected car is a certain part of the future — if it isn’t one already. What still seems up in the air are self-driving cars. Will they have a place on the roads alongside human drivers? And if so, will consumers really buy their...

Alibaba’s $1T Transaction Volume Forecast
June 17, 2016

Alibaba has set its transaction volume sights high for the next four years, saying that, by 2020, it hopes to double its annual transaction volume to more than $1 trillion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Alternative Finances
Big ‘Payoff’ For One Online Lending Startup
June 17, 2016

Not all is lost in the online lending space. TechCrunch reported on Thursday (June 16) that Payoff has raised a nice payoff of $46.7 million, which itself is only part of a $67.4 million financing round. The company makes loans to people who seek to pay...

Walmart Pay Lands In Two More States
June 17, 2016

Walmart Pay has started its expansion across the U.S. with two more states. 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....

Mobile Commerce
Uber’s Developed Markets Turning Profits
June 17, 2016

Uber has turned profitable in all of its developed markets. 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
Banks Will Have To Report Loan Losses Faster
June 17, 2016

Get ready for some sinking bank profits. The Wall Street Journal reported on Thursday (June 16) that accounting rules are taking effect that would ensure that banks would have to report loans going south much earlier than had been done before, which may push reserves...

Merchant Innovation
Apple’s Play To Learn User Habits
June 17, 2016

Apple is walking the tightrope between wanting to know more about its users’ mobile habits without violating their privacy. 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...