News

Merchant Innovation
In-Person Events: The Next Frontier Of Contextual Commerce
June 09, 2016

If they have the resources, retailers will gladly spend millions of dollars on data processes that pinpoint who they’re critical customers are and how they can get their products in front of them at the right time. If they don’t have the resources, they’ll pay...

Risk Management
Chapter 11 Watch: BHS Goes Out Of Style, Ralph Lauren Shutters Stores
June 09, 2016

If the wisdom of a retail age before the internet is to be believed, summer is the season when consumers can’t help but get into their cars and head out on the roads to splurge in whatever way strikes their fancy. While there’s probably less...

Alternative Finances
Lending Club Site Hiccup Causes Investor Worry
June 09, 2016

A testament to just how difficult and uncertain the Lending Club situation has been of late — a slight hiccup in the marketplace lender’s website last night caused some pretty big worries, as investors were suddenly concerned the end had come. Get the Full Story...

MGM Resorts Launches MasterCard Rewards Card
June 09, 2016

MGM Resorts International announced the launch of its new MasterCard rewards card in partnership with First Bankcard. 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...

Payments And Commerce In 2016: Six Months In
June 09, 2016

Now that we’re in June, that means we’ve almost made it halfway through 2016. And as everyone in payments and commerce knows, time in these industries move fast. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Lawsuit Claims Chase Adds Extra Fees to Ex-Inmate Accounts
June 09, 2016

Courthouse News Service reported on Wednesday (June 8) that, “adding insult to injury,” banking giant Chase adds fees to the cards that it provides to federal prisoners — so much so that the cards are, in fact, useless outside of prison. The allegations come through a class-action...

B2B Payments
As Compliance Burden Grows, Tech Acts As Salve
June 09, 2016

Financial professionals have their hands full with regulations and mandates from the government and any other number of entities, a list that grows as supply chains and customer rosters lengthen and cross borders. Robert Half SVP Dan DeNisco explains how technology can smooth the day-to-day...

Security & Fraud
Hacked Twitter Passwords Are Up For Sale On The Dark Web
June 09, 2016

The bigger reveal almost seemed inevitable once the news broke that Mark Zuckerberg’s social media accounts had all been hacked. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

CurrentC Will Finally Rest In Peace On June 28
June 09, 2016

On August 15, 2012, MCX threw its hat into the mobile payments market ring when a group of retailers banded together to create its own, mobile-only, merchant-centric payments network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...