The Great Recession hasn’t really made consumers spending-averse — but they’re spending in significantly different ways. That’s the word from MasterCard Advisors’ senior VP Sarah Quinlan, whose analytics team sifted through billions of retail purchases to figure out why retailers aren’t seeing better results, The...
Some of the banks and credit unions whose customers’ MasterCard payment cards were compromised in Target’s huge 2013 data breach are trying to stop a proposed $19 million settlement between the retailer and the card brand, Reuters reported. Get the Full Story Complete the form...
Customer-tracking vendor Nomi Technologies failed to give in-store customers an adequate chance to opt out of being tracked through their smartphones, according to a settlement announced on Thursday (April 23) with the U.S. Federal Trade Commission. Get the Full Story Complete the form to unlock...
Jet.com, the second eCommerce brainchild from Diapers.com founder Marc Lore, goes into the market valued at $600 million – and that is before the company has sold a single item, according to The Wall Street Journal. However, CEO Lore has a long history of winning at...
As heavy as the head that wears the crown can be, on the upside, at least you get a crown. Being the No. 2 guy to the guy that wears the crown is not so much heavy as it is a headache – particularly if the...
It’s like Black Friday, but in spring. (And it’s online, and it lasts for a week.) 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...
Wedding guests plan to spend 13 percent more to see their friends and family say “I do” in 2015, according to a newly released American Express Spending & Saving Tracker survey. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Twitter’s Buy button is finally beginning to find its most natural use: Selling live-event tickets on short notice. On Monday morning (April 20), the NBA’s Atlanta Hawks tweeted that the team would sell a limited number of tickets to Wednesday’s game straight from Twitter, Re/code...
Omnichannel activewear retailer Outdoor Voices has brought in $1.1 million in a bid to expand so it can challenge Lululemon and other activewear brands, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
