News

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

Source: pymnts.com

Wells To Pay $575M Over Customer Abuse Claims

Wells To Pay $575M Over Customer Abuse Claims
Wells To Pay $575M Over Customer Abuse Claims
December 28, 2018  |  Bank Regulation

Wells Fargo, implicated in a far-reaching banking scandal where it was accused of creating fake accounts and charging customers for services they didn’t sign up...

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North Korea Suspected In Hacking Of South Koreans
North Korea Suspected In Hacking Of South Koreans
December 28, 2018  |  International

Hackers stole the information of close to 1,000 North Korean settlers who fled to South Korea, according to a report by The Wall Street Journal....

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EU Wants Tougher AML Enforcement
EU Wants Tougher AML Enforcement
December 28, 2018  |  International

The vice president of the European Commission in charge of the euro, Valdis Dombrovskis, said Brussels wants more stringent enforcement of anti-money laundering (AML) rules...

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SMBs Say India’s eCommerce Curb Too Late
SMBs Say India’s eCommerce Curb Too Late
December 28, 2018  |  International

Indian Prime Minister Narendra Modi is feeling pressure as many small retailers and traders — a key bloc for his reelection hopes — view his...

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Outdoor Voices’ Relaxed Approach To Workout Wear
Outdoor Voices’ Relaxed Approach To Workout Wear
December 28, 2018  |  Retail

There is a certain push toward perfectionism in athletic wear — some of that Nike “Just do it” ethos tends to permeate the market segment...

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2018 Recap: The Year In Grocery Innovations
2018 Recap: The Year In Grocery Innovations
December 28, 2018  |  Retail

Shoppers had new opportunities to buy groceries without having to walk through the aisles of their local supermarkets or wait in line at checkout counters...

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The High-Value Opportunities On The Table In 2019
The High-Value Opportunities On The Table In 2019
December 28, 2018  |  Today In Data

While at times it can feel like it’s all be done before and that all that’s left now are iterations, as 2019 readies for takeoff...

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Modo CEO: 2018 Was The Year Of Utility
Modo CEO: 2018 Was The Year Of Utility
December 28, 2018  |  Commentary

Bruce Parker, founder and CEO of Modo, contributed the following piece as part of PYMNTS’ 2018 year-end eBook. Get the Full Story Complete the form...

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Target Wants To Ramp Up Shipt Deliveries In The New Year
Target Wants To Ramp Up Shipt Deliveries In The New Year
December 28, 2018  |  Retail

Target bought Shipt in December 2017 for $550 million. It was one of the largest acquisitions at the time for the company, and it moved...

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