News

IdentityMind Global Appoints Business-Tech Vet To Board
April 11, 2016

IdentityMind Global, a digital identities platform for eCommerce, today announced Edward J. Zander has joined its board of advisors. 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...

Security & Fraud
FDIC Hit By ‘Inadvertent’ Major Data Breach
April 11, 2016

The Federal Deposit Insurance Corp. has become the latest federal system impacted by a major data breach. 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...

Zirx, Another ‘Uber Of X’ Wannabe, Bites The On-Demand Dust
April 11, 2016

One of the consequences of the startup unicorn phenomenon is that the success of the rare few who manage to scale effiencetly overshadows the sheer difficulty involved in getting to that point at all. Get the Full Story Complete the form to unlock this article...

HBO’s John Oliver Rips Into Credit Reporting Agency Errors
April 11, 2016

“Measuring credit enables businesses to know who to lend to. It’s critical to our economy, and it always has been.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

News
The PYMNTS 5-In-1: April 11 Daily Data Digest
April 11, 2016

In the late 1800’s and early 1900’s — the era when radio was getting off the ground, television was still mostly a theoretical possibility and the notion of laptops, smartphone or the internet were outlandish science fiction — Americans on the hunt for entertainment would...

Retail
Flash Retailer Beyond the Rack Files For Creditor Protection
April 11, 2016

Beyond the Rack — one of the many online retailers that rode the flash sales trend all the way to the top and then back down the mountain — has filed for protection from its creditors as it faces both a liquidity crisis and a lack...

Retail
Big Brick-And-Mortars Double Down On Same-Day Delivery
April 11, 2016

As brick-and-mortar retailers continue to struggle to bring in consumers, a few are taking a page out of Amazon’s book and working instead to meet consumers where they live. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Dov Charney Plots His Post-American Apparel Comeback
April 11, 2016

Dov Charney is nothing if not a memorable character on the retail landscape. The controversial and colorful former CEO of American Apparel both oversaw its meteoric rise from t-shirt business to fashion empire and its crashing fall into bankruptcy. Get the Full Story Complete the...

Gap’s Shares Drop After Anemic March Sales
April 11, 2016

After a March pulse showed some very slumping sales, Gap Inc.’s stock price has taken a big hit. All in, Gap saw net sales for the five-week period ending April 2 at $1.43 billion — down from $1.53 billion a year ago. Same-store sales fell 6 percent,...