News

B2B Payments
How Banks Can Knock Checks Off Their Throne
November 01, 2016

“The check’s in the mail” has become the epitome of B2B payments failings. Indeed, 100 percent of companies surveyed by Viewpost in its latest report said they still use paper checks to pay their invoices. But, as found in The Check’s No Longer In The...

eCommerce
Report: The State of Buy Buttons On The Web
November 01, 2016

Take a wild guess. How many of the top 1,000 sites have buy buttons, 21 years after shopping online was born? You might be surprised — or not — depending upon how much online (and off-Amazon) shopping you actually do. PYMNTS, in collaboration with Abine,...

Unattended Retail: Future Of Fast Food Shown At Singapore Airport Food Court
October 31, 2016

Singapore is amping up their productivity, specifically in the food scene. Using automation and unattended retail in certain food courts, the Country is proving that this could indeed be the way of the future, especially the food and hospitality industry. Similar to the recently launched...

News
Mastercard’s 3Q Shows Masterful Masterpass
October 31, 2016

In the latest earnings report showing that consumers are still happy to use their cards and spend (election be darned), Mastercard’s latest results were above the Street.  And, nicely so, as the payments processor said Friday that its third quarter earnings grew by 21 percent,...

International
Facebook Fails To Acquire Snow, Asian Snapchat-Like Service
October 31, 2016

The social giant unsuccessfully made a bid to purchase Snow, a similar service to social platform Snapchat, from Korean firm Naver. A source close to the company told TechCrunch that Facebook attempted to acquire the ‘Asian Snapchat’ service earlier this summer. The company behind Snow,...

Retail
How GameStop Used Ship-From-Store To Triple-Up Its Online Offerings
October 31, 2016

There is a reason “omnichannel” has become retail’s favorite buzzword. In four syllables, it presents what seems to be a solution for the slow, but steady, march of customers away from traditional retailer sales floors to their digital equivalents on desktop and mobile. Sure, eTailers...

Retail
UPS Braces For Another Big Holiday Shipping Uptick
October 31, 2016

It is going to be yet another very busy year for the team at UPS, which is projecting 700 million deliveries between Thanksgiving and the end of December. That is up about 16 percent from last year when UPS faced a conservative 600 million packages...

eCommerce
Ringing In The eCommerce Christmas Season
October 31, 2016

American consumers have big plans for the holiday season when it comes to their shopping, according to a report. A new survey by Deloitte revealed that 50 percent of shoppers plan to shop online for their holiday gifts, spending roughly half (47 percent) of their...

Arrests Made In UK Remote Purchase Card Fraud Scheme
October 31, 2016

Nine arrests have been made, with one person charged in relation to remote purchase card fraud. The Dedicated Card and Payment Crime Unit (DCPCU) and Police Scotland announced that the two U.K. agencies issued warrants through the second round of Retail Week of Action. Working...