How optimistic are retailers when predicting holiday sales for this year? Not especially, with an overwhelming 70 percent predicting sales will be pretty much as bad—or as good, for that matter—as last year, according to the eighth annual retail seasonal hiring survey from global management...
Forever 21 has been sued after a shopper became upset when an E-mail address was demanded and then associated with her payment card data—resulting in unsolicited E-mail pitches—contrary to California law. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Federal Reserve banks have prepared a multi-year plan that will a realtime payment system in the U.S., according to a report in The American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Talk about your fire sale. Amazon on Monday (Sept. 8) slashed the price of its 32-GByte Fire smartphone from to 99 cents—barely two months after launching it at $199. The requirement to have a 2-year AT&T contract remained. Get the Full Story Complete the form...
In a major move to bolster Bitcoin, EBay on Monday (Sept. 8) officially announced its much-teased decision to start accepting Bitcoins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Gemalto on Monday (Sept. 8) plans to introduce a service called the Allynis Trusted Services Hub, which it will pitch as helping financial institutions, enterprises, transport operators and other service providers a “single connection in order to securely deploy their value-added and mobile payment services...
Coupon/rebate site Ebates is being pursued by Japanese E-Commerce giant Rakuten, which is prepared to pay $950 million to take the site over, according to a report in The Financial Times. “The deal is expected to be announced later this week, according to a person...
POS Portal, a U.S. based provider of hardware and software POS solutions, announced a partnership with Powa Technologies. Together, the pair will bring the PowaPOS Mobile and Tablet Point of Sale platform to merchants in the payments and POS software industries.
Apps are limiting business models, and the basic “pay to play” model has been challenged, according to recent analysis from Bango, a mobile payments solution for app stores such as Google Play, BlackBerry World, Windows Phone Store and Firefox Marketplace. The results shared exclusively with...
