News

Merchant Innovation
Target’s Childish Plan To Rule Kid-Focused Retail
July 08, 2016

Kids can say the darndest things, but with more parents than ever before turning to their kids for advice on every purchase from clothes to food, determining exactly what children want can be a multi-billion dollar industry. Target certainly thinks so, and it’s doing everything it...

Merchant Innovation
Retailers Push Back Against Prime Day With Their Own Sales
July 08, 2016

Imitation might the sincerest form of flattery, but sometimes, it’s also not a terrible way to run a business. Especially when a company like Amazon seems to operate above and beyond what other merchants are capable of, stealing a page from its playbook doesn’t seem...

Partnerships / Acquisitions
Retail Bedfellows Roundup: Adidas Gets Yeezy, Olympic Sponsors Let Loose
July 08, 2016

For the most part, retail partnerships operate under the principle of quid pro quo. Ideal altruism is in short supply in the dog-eat-dog world of commerce whether it happens online or off, which means both sides in a deal are usually looking to get something out...

B2B Payments
Treasury Management, Done Internationally
July 08, 2016

Businesses operating globally, especially retailers, need real time information about where their cash is going and where Treasury operations can be best optimized. Sophie Desilets, COO of EDI Gateway, discusses how cash in and cash out can be easily tracked via app.

Security & Fraud
Global Cybergangs Take The ‘Cyber Arms Race’ Lead
July 08, 2016

It looks like the use of profitable malware fraud attacks is helping cybercriminals to remain one step ahead of authorities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
PCI Council Creates New Cyberattack Resources For SMBs
July 08, 2016

Aiming to help small businesses protect themselves from payment data theft, the PCI Security Standards Council Small Merchant Taskforce announced Thursday (July 7) that it has developed a suite of payment protection resources geared toward small businesses. The resources are created with simple diagrams and everyday...

Security & Fraud
Can Smartwatches Make ATM PINs Open To Hackers?
July 08, 2016

Time and time again, hackers have proven to be one step ahead. From bitcoin ransoms to EMV security, there are few areas that are out of bounds for the clever crew. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
BoE Backs Banks’ Push To Ease Capital Regulation
July 08, 2016

Banks around the world are crying foul over the new leverage ratio rule that is being finalized by the Basel Committee. And Bank of England just joined their corner, stating that the final regulation should be amended. What’s more, the Bank of England said the...

Loyalty & Rewards
Hotels Take On Travel Booking Services
July 08, 2016

Sometimes buying direct pays — and that is increasingly true when traveling to certain hotels. In an effort to lower the payments hotels pay to online travel websites, Hilton Worldwide Holdings Inc. and Marriott International are offering exclusive discounts to members of their loyalty programs....