News

Europe
UK’s Troubled Tesco May Sell Retail Data Miner Dunnhumby For $3B
January 09, 2015

U.K. supermarket giant Tesco said Thursday (Jan. 8) that it will dump nearly 100 stores, lay off thousands of employees, and possibly sell Dunnhumby, the customer-data subsidiary responsible for the chain’s highly successful loyalty program, The Guardian reported. Get the Full Story Complete the form...

Europe
Euro Lawmakers Concerned About SWIFT Payments Data Sharing With The US
January 09, 2015

European policymakers are fighting over how financial messaging information from the SWIFT network can be used to fight terrorism, and who gets to use it, EU Observer reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Luxury Resorts Hit By Payments Breach
January 09, 2015

A data breach at hotel management company AMResorts may have exposed payment card data and personal information of people who booked their vacations at the company’s luxury resorts, SC Magazine reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Mobile Commerce
Panera Adds Mobile Ordering, Quick Pick-Up
January 09, 2015

Fast-casual food chain Panera Bread has now rolled out its “Panera 2.0” upgrade to about 100 of its 1,845 cafes, adding online and mobile ordering and no-wait to-go orders, according to Nation’s Restaurant News. Get the Full Story Complete the form to unlock this article...

International
UnionPay Goes Global
January 09, 2015

China’s UnionPay, which already has more payment cards in circulation than Visa or MasterCard, is now planning to expand beyond its current 148 countries and regions outside mainland China, according to Cash & Treasury Management File. Get the Full Story Complete the form to unlock...

News
Gas Price Drops, And So Do Late Payments
January 09, 2015

The nationwide drop in U.S. gas prices means more consumers are staying current on their debts, according to a quarterly report from the American Bankers Association. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Merchant Innovation
Is Amazon Building An Inventor Platform?
January 08, 2015

It seems that Amazon will be taking no break in their attempt to become the online “everything” business in 2015, and is now developing a “secret” inventor platform aimed at helping create (and eventually exclusively sell) the next generation of electronic hardware. Get the Full...

Diapers.com Founder Returns To E-Commerce To Launch New Marketplace
January 08, 2015

If you can’t beat ’em, buy ’em; that was the attitude Amazon was eventually forced to adopt toward Diapers.com and its parent company Quidsi.  Amazon bought out the company for $550 million in 2010 after all attempts at competing with the online children’s products (and...

Mobile Holiday Shopping Report Card
January 08, 2015

2015 is here. The holidays are over, and resolutions have already been made (and a few probably broken by now, too). And, the kids are back in school after the holiday break. So, in the spirit of school being back in session, we thought it...