News

News
Neiman Marcus Says Goodbye to Private Ownership and Hello to IPO
August 06, 2015

After 10 years of private ownership, luxury retailer Neiman Marcus has announced its return to public stock markets.

News
Global Card Fraud Damages Reach $16B
August 06, 2015

The losses from worldwide fraud on credit cards, debit cards and prepaid cards hit $16.31 billion last year on a total card sales volume of $28.844 trillion, The Nilson Report announced yesterday (August 5).

Alternative Finances
Building Up SMBs With Alternative Lending
August 06, 2015

The demand for small business loans is skyrocketing – but how can lenders keep up with meeting the needs of those who fall outside of the traditional lending reach? PYMNTS sat down with Ethan Senturia, co-founder and CEO of Dealstruck to discuss the importance of...

News
Wendy’s Closes More Locations As Revenue Dips
August 06, 2015

Fast food company Wendy’s Co. reported second quarter results that were a bit better than expectations as the company’s top line fell less than analysts’ consensus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Is The ‘Great Firewall Of China’ A Gateway For Hackers?
August 06, 2015

As news headlines abound documenting state-sponsored Chinese hacking of Fortune 500 companies to steal data, researchers have found evidence that at least some of those hackers have been selling access to the computers they’ve compromised in order to help set the stage for future breaches....

International
Snapdeal To Invest $100M In New Technologies
August 06, 2015

India’s eCommerce marketplace Snapdeal announced plans yesterday (Aug. 5) to make a significant investment of about $100 million in its Multimedia Research Lab in Bangalore over the next three years.

The “Go-To” Mobile Pay Players
August 06, 2015

Catching five major mobile pay players under one roof doesn’t happen often, but when it does it sparks a colorful discussion. That’s what happened yesterday at R2, where leading mobile wallet providers pitched why their platform is the “go-to” choice for mobile payments, and how...

Merchant Innovation
Same-Day Delivery Is Going To The Robots
August 06, 2015

Fourteen years ago, grocery delivery services Webvan crashed-and-burned when the dot.com bubble burst and took the pre-mobile service down with it. But now Webvan’s founder Louis Borders is back and he's bringing with him a plan to use a robot army to power same-day deliveries.

New Facebook Features Help Businesses Connect With Users
August 06, 2015

Facebook local awareness ads can include a “send message” button to connect users with businesses through private messages.