News

Amazon Targets The One Vertical No One Thought They Would
May 15, 2017

Amazon is getting into the furniture market, gearing up to build four or more warehouses to handle what it expects to be booming orders of bulky household items. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Chinese Hackers Fined $8.8M Over NY Law Firm Hit
May 15, 2017

The Securities and Exchange Commission (SEC) fined three Chinese citizens $8.8 million for trading on insider information after hacking into two New York law firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Consumer Finance
US Consumer Sentiment Up Again In May
May 15, 2017

Despite all the political rancor going on in the U.S., consumer sentiment among consumers increased in May based on preliminary data from the University of Michigan’s consumer sentiment index. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Merchant Innovation
Amex Launches New Alexa Skill
May 15, 2017

American Express announced last week the launch of the new Amex skill for Amazon Alexa during its Innovation Showcase event in New York City. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
British Hospital Workers Were Warned Of NHS Hack Risks
May 15, 2017

Another wrinkle in the ransomware hack attack that is spinning out on the world stage: Reports emerging today indicate that British hospital workers were warned on Friday that there was an imminent threat from ransomware that locks up computers and demands pay to restore access, according...

Latin America
LATAM Now Airbnb’s Fastest-Growing Market
May 15, 2017

Historically, Airbnb hasn’t had the best rapport with the markets it enters (and disrupts). It has often found itself at odds with housing regulations and the interests of both legacy hoteliers and others in the hospitality space. Get the Full Story Complete the form to...

Security & Fraud
FTC Cracks Down On Tech Support Scams
May 15, 2017

The U.S. Federal Trade Commission (FTC), in conjunction with other federal, state and international law enforcement partners, recently announced a nationwide and international crackdown on tech support scams called “Operation Tech Trap.” Get the Full Story Complete the form to unlock this article and enjoy...

News
For Trunk Club, Finding The Right Fit Amidst Ever-Altering Preferences
May 15, 2017

It only takes 127.6 seconds for a consumer to initiate a subscription, so what’s getting in the way of more merchants onboarding more subscribers? The inaugural PYMNTS Subscription Commerce Conversion Index™, a Recurly collaboration, presents more than 2000 data points across 176 subscription commerce merchants...

B2B Payments
SBA Head Urges SMEs To Go Global
May 15, 2017

The head of the U.S. Small Business Administration, Linda McMahon, spoke in front of the United Nations last week urging small businesses to step onto the global stage. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...