News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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The Countdown To Alibaba’s Singles’ Day Begins
The Countdown To Alibaba’s Singles’ Day Begins
October 21, 2016  |  Retail

Chinese eCommerce giant Alibaba officially kicked off the countdown to its annual one-day shopping bonanza, Singles’ Day. The company promised that this year’s event, held...

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Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market
Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market
October 21, 2016  |  Retail

It’s rough out there on the retailer high seas. “Challenging” is the word used by Sears CEO Edward Lampert and Levi Strauss to describe the...

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China Surpasses The US In iOS App Store Revenue
China Surpasses The US In iOS App Store Revenue
October 21, 2016  |  Mobile Applications

The U.S. is no longer the leader in iOS app store revenue. China shows $1.7 billion in revenues for Q3, beating the U.S. by 15...

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Spain’s FinTech Dark Horse Arrives
Spain’s FinTech Dark Horse Arrives
October 21, 2016  |  International

With a strong penetration of smartphones and mobile commerce, Spain is quickly gaining visibility in the FinTech world, and its capital city is leading the...

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Fighting Friction In The On-Demand Economy
Fighting Friction In The On-Demand Economy
October 21, 2016  |  Payment Methods

In the onboarding process, friction is no fiction. To deliver a great digital marketplace experience, the process of getting people into the system — and...

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Hackers Jump In The Political Mix
Hackers Jump In The Political Mix
October 21, 2016  |  Security & Fraud

Who says hackers aren’t interested in politics? Though we may never know the political allegiances of hackers, it looks as though many have no problem...

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Visa, Ingo Money Make B2P Payments Instant
Visa, Ingo Money Make B2P Payments Instant
October 21, 2016  |  Payments Innovation

The world is full of once-brilliant innovations that — despite having been supplanted by an even better innovation — continue to have devotees who insist the 1.0...

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Bank of America Teams Up With ModoPayments
Bank of America Teams Up With ModoPayments
October 21, 2016  |  Partnerships / Acquisitions

Bank of America Merrill Lynch, a player in transaction services, and ModoPayments, a digital payments company, announced Thursday (Oct. 20) a strategic relationship that will...

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