News

Merchant Innovation
Walmart Goes Upscale Online
July 07, 2016

One of the principles of the still-in-progress omnicommerce handbook is that, in an ideal world, inventory is a fluid commodity that flows across channels as easily as revenue does into retailers’ pockets. That’s obviously not always the case, and Walmart is seeing what happens if...

Risk Management
Chapter 11 Watch: Bankruptcies Reach Hyperspeed, Staples Mulls Post-Brexit Plans
July 07, 2016

Remember Martin Shkreli? Probably not. Remember the Pharma Bro? Ah, of course. 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...

Etsy Payment Glitch Causes Kerfuffle
July 07, 2016

If you’ve been trying to buy something off Etsy, the online marketplace that bills itself as “a world of vintage and handmade goods” with “more than a million independent sellers,” but not having any luck the past few days, calm down, because you’re not alone...

International
UnionPay Delivers Instant Discounts To X-Border Consumers
July 07, 2016

China’s largest payment and clearing network, UnionPay, is looking to enhance the cross-border consumer experience with the launch of its “YouJiHua” marketing platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
EU Requests $2B Public-Private Cybersecurity Investment
July 07, 2016

The European Union wants to work with private companies to fund cybersecurity research. 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....

Security & Fraud
Virginia Man To Serve 4 Years For ID Fraud Scheme
July 07, 2016

A Virginia man was sentenced to 47 months in prison on Wednesday (July 6) by a federal district court for his role in a massive identity fraud scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
SWIFT Sees Record Payments Volume Post-Brexit
July 07, 2016

SWIFT is seeing some strong traffic days, according to new data released by the organization. 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,...

Payment Methods
RushCard Parent Nabs CEO From Mozido
July 07, 2016

In a move at the top echelons of prepaid debit card company UniRush, which owns RushCard, a new chief executive officer is taking the reins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

U.S. Bank’s Real-Time P2P Payments Now Fee-Free
July 07, 2016

Real-time payments are quickly turning from a perk to an expectation for consumers. 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....