News

Mobile Commerce
MasterPass Extends Retail Reach to Saks and Poshmark
May 09, 2016

MasterCard said on Monday (May 9) that its MasterPass digital payments platform is now being accepted by luxury retailer Saks Fifth Avenue, and also Poshmark, a social commerce marketplace geared toward fashion.  The announcement underscores the further expansion of MasterCard into fashion and higher end...

Omnicommerce
Can A New CIO Help Toys”R”Us Up Its Omni Game?
May 09, 2016

Toys aren’t just plastic action figures anymore. Now, they run the gamut from thousand-part Lego sets to digital media franchises that have no physical aspects at all. To bridge the gap between the two and gain a firmer hold on its omnicommerce operations, Toys”R”Us is...

Retail
The Instability Of In-Store Associates Takes Its Toll
May 09, 2016

Despite its normal connotations, “disruption” has become a sought-after state in the retail world. Any tech innovation that upsets the status quo isn’t destabilizing to what came before but rather a welcome addition to merchants’ new bag of sales tricks. However, when it comes to...

Staples Gets Chatty With Messenger
May 09, 2016

With Staples recently announcing chat functionality with — and plans to build chatbots for — Messenger, is the retailer betting that the Facebook platform will be a major player in conversational commerce? As Staples EVP of Global eCommerce Faisal Masud told Karen Webster, his company...

Retailers Get Hit With The Chargeback Tab
May 09, 2016

Smaller-sized retailers may have been able to convince themselves that making the shift to EMV wasn’t the right financial move for them back in October. However, recent statistics showing an uptick in chargeback fraud for SMBs has an increasing amount of them regretting that they...

B2B Payments
Smart Cars Bring Trip Expense Management Miles Ahead
May 09, 2016

Padding expenses is nothing new, and technology helps enterprises crack down. One area ripe for mobile expense management is mileage tracking and reimbursement. Austin Klein and Matt DeWolf of Runzheimer explain how connected vehicles can help firms improve their bottom lines.

Cayan’s EMV Speed Test
May 09, 2016

Six months past the EMV liability shift and transactions aren’t moving at the pace that a lot of merchants would prefer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Cyberattacks Have Hit Majority Of Big UK Businesses
May 09, 2016

The majority of large businesses based in the United Kingdom have been victims of cyberattacks in the past year, new research has posited. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Philippine Bank President Quits Amid Heist Scandal
May 09, 2016

The cyberheist scandal that hit a large Philippine bank, in connection with a $81 million theft, claimed a victim last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...