News

Merchant Innovation
Uber, Lyft Capitalize On D.C.’s Metro Nightmare
March 16, 2016

Car-less residents of Washington, D.C., recently received some awful news: The Metro would be shut down all day Wednesday (March 16) for emergency safety checks following this week’s cable fire. As the entire district let out a collective groan, though, two companies sprang into characteristic...

Hackers Steal $101M From Central Bank
March 15, 2016

The story behind the massive $101 million bank hacking that hit Bangladesh’s central bank last week just got even juicier. 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...

Security & Fraud
Are Chinese Hackers To Blame For US Ransomware Attacks?
March 15, 2016

Four security firms currently investigating the matter say “yes.” 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 this form,...

Merchant Innovation
Are Avatars The Future Of Shopping?
March 15, 2016

As retailers get more and more high-tech gadgets, like virtual reality headsets and location-aware beacons, the natural instinct is to throw them at customers and dazzle them with science. However, putting customers into a digital world might work better than trying to bombard them with...

International
The Curious Case Of Digital Video Game Prices
March 15, 2016

It took video games two decades to go from a brand new form of niche entertainment to a mainstream, multi-billion dollar global industry. Naturally, gamers have experienced a bewildering amount of change in that time. Controllers have gone from three or four buttons to dozens,...

Nordstrom Keeps Slashing Tech Jobs
March 15, 2016

It’s no secret that brick-and-mortar fashion retailers have been feeling the pinch from both online marketplaces and in-store fast-fashion brands alike. To stay lean enough to compete, Nordstrom just made some choices of great tech-nical difficulty. Get the Full Story Complete the form to unlock...

Omnicommerce
Stein Mart’s Online Sales Spiking
March 15, 2016

In retail, there’s no better time to strike than while the iron’s hot. If the new-fangled website isn’t ready when said iron is, though, it’s better to be late than never. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Jet.com And The White House Take On The Price Of Diapers
March 15, 2016

One in three American families has difficulty affording enough diapers, and weirdly, those least able to pay end up paying the most for diapers. In fact, according to some stats, the poorest Americans pay nearly double what the richest Americans pay for diapers. Get the...

Retail
How Did Adult Women End Up Buying Their Clothes In The Kids Department?
March 15, 2016

There is a new trend apparently sweeping the young, thin and fashionable: the kids department. 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,...