News

Merchant Innovation
Is The Fast-Fashion Pricing Gap Growing Too Fast?
June 13, 2016

There is a new reality in apparel retail, and the designer-focused markets of the past have given way to a hyphenated tour de force: fast-fashion apparel. For a while, it was the thought of traditional fashion execs that it was just young shoppers with flighty...

Merchant Innovation
Naspers Could Put Allegro Up For Sale
June 13, 2016

In business and poker, it’s important to know, in equal parts, when to hold them and also when to fold them. And it looks like Naspers, one of the leading media outlets on the African continent, is taking the latter route with one if its...

Mobile Commerce
One Retail Subscription To Rule Them All
June 13, 2016

There once was a time when recurring charges for a regular retail purchase were only copacetic in consumers’ eyes as a way to pay down a big-ticket item over time or the accepted retainer for high-priced fashion and design consultants. Now, however, the subscription model...

International
Paytm’s Cross-Border Payments Problem
June 13, 2016

It looks like Alibaba-backed mobile wallet Paytm may not be very useful when it comes to cross-border payments. 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...

Alternative Finances
Lending Club’s Loan Issue Saga Continues
June 13, 2016

The waves hitting the online lending pool seem to be coming nonstop. Lending Club talked down its numbers on loans being sold to investors, with the additional disclosure, as noted by The Wall Street Journal, that the company has been buying at least some of the loans itself....

Payment Methods
MasterCard Questions Need For 8-Digit BIN
June 13, 2016

There’s a shortage of BINs – Bank Identification Numbers – thanks to the growing demand for accounts and digital use cases tied to tokenization. But MasterCard SVP Andrea Gilman says that the ISO 8-digit BIN standard that will be released this week is too heavy...

International
Why Ant Financial Wants Big Data
June 13, 2016

Chinese eCommerce giant Alibaba Group Holdings’ Ant Financial affiliate took a 20 percent stake in financial data provider Shanghai Suntime Information Technology, Reuters reported last week. The stake was amassed for a purchase price of $35 million, according to the newswire. Get the Full Story...

B2B Payments
QuickBooks Pushes For Truly Mobile SMB Management
June 13, 2016

Data is easy enough to come by. It’s making sense of it on the fly that is difficult. QuickBooks, whose Android app lets users track multiple companies and operations across phones, tells PYMNTS why mobilizing SMBs matters.

Investments
Symantec Sets Up To Buy Blue Coat Systems For $4.65B
June 13, 2016

Symantec is starting the week with a bang, announcing its intention to snap up Blue Coat Systems in a $4.65 billion deal that will broaden the security tech giant’s portfolio of cyberdefense tech and bring along a new CEO for good measure. Get the Full Story...