News

Retail
Toyota Foresees A Mass-Produced Future For Robotics
June 21, 2016

The world’s largest auto manufacturer is looking past the world of cars and into the future of mass-produced, low-cost robotics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Walmart Is Selling Internationally Acclaimed Wine For $6/Bottle
June 21, 2016

Walmart has been associated with many things throughout its more than 50 years of business as a retail giant, but fine wine has never been one of them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross Border Commerce
The Growing Value Of Cross-Border Friends
June 21, 2016

For the first time in a while, cross-border commerce is dominating the news cycle. That’s all thanks to Apple, which by hook or by crook somehow managed to outwit or out-wait the Indian government and its insistence on regulations that would’ve made opening up Indian...

Merchant Innovation
Nordstrom Pulls The Plug On West Coast Fulfillment Center
June 21, 2016

Most struggling department stores know that they need a strong eCommerce arm to make up for their (hopefully temporary) in-store deficiencies. However, some unlucky few are starting to realize that they don’t have the funds necessary to get back on their digital feet, and one...

eCommerce
Goldman Sachs Believes In Nike, Ralph Lauren’s Online Futures
June 21, 2016

It’s becoming increasingly common for analysts to release less-than-encouraging reports on this or that brand’s online sales potential. So much so that these doom-and-gloom reports can be used to wallpaper the average retail executive’s office. However, when Goldman Sachs decides to give a retailer’s eCommerce...

B2B Payments
Billtrust Taps AvidXchange To Bring AR, AP Management Full Circle
June 21, 2016

The B2B payments space has seen significant growth thanks to developers that often focus either on the accounts receivable or accounts payable side of cash management. A new partnership in the industry, however, brings both AR and AP management together. Get the Full Story Complete the...

Social Commerce
Twitter’s $150M Machine-Learning Acquisition
June 21, 2016

Twitter is bolstering its machine-learning capabilities with the new acquisition of Magic Pony Technology. 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...

Partnerships / Acquisitions
Visa’s Acquisition Of Visa Europe Is A Done Deal
June 21, 2016

As of today (June 21), Visa Inc.‘s acquisition of Visa Europe is officially one for the history books. The deal is done, and a new global firm serving 17,100 FIs, 40 million merchants and 3 billion card accounts worldwide has officially been born. Get the...

Security & Fraud
Did National Australia Bank Spy On Its Customers?
June 21, 2016

Concerns about privacy breaches and unfair competition are on high after reports that National Australia Bank (NAB) is being tipped off when any of its business banking customers applies for a loan from a rival financial institution. Get the Full Story Complete the form to unlock...