News

International
Malaysian Wealth Fund In Laundering Scandal
December 27, 2016

The Malaysian sovereign wealth fund 1Malaysia Development Bhd. (1MDB) is currently tied up in a multibillion-dollar, decades-long, international money-laundering scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Grocery Tracker: 2017 Food Predictions
December 27, 2016

To kick off this week’s Grocery Tracker, a reminder that brick-and-mortar is still kicking in certain retail aspects, even as 2017 grows closer. A recent Harris Poll of American shopping habits shows that, while 2016 was a big year for eCommerce, the vast majority of...

Retail
Amazon Launches Private-Label Food Line
December 27, 2016

Amazon has recently launched a new private-label food and beverage line as part of its continuing push into the grocery and private-label spaces. Called Wickedly Prime, the new food label is now available exclusively to customers with an Amazon Prime membership. Get the Full Story...

Consumer Reports: No Recommendation For MacBook
December 27, 2016

After Apple’s so-so earnings report last quarter, the tech giant is looking to certain products to sell this quarter. However, there could be some resistance after a certain magazine is not endorsing the new MacBook Pro. Get the Full Story Complete the form to unlock...

Retail
Physical Stores Welcome 90% Of Online Returns
December 27, 2016

It’s that time of year again – now that all the holiday gifts are opened, the returns start rolling in. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

News
California AG Revives Backpage.com Lawsuit
December 27, 2016

Backpage.com Chief Executive Carl Ferrer, along with two controlling shareholders, are facing fresh charges from California Attorney General Kamala Harris, who last week filed a lawsuit alleging the online media company engaged in pimping and laundering money. Get the Full Story Complete the form to...

CFPB
Could The GOP’s Eagerness To Derail The CFPB Backfire?
December 27, 2016

Though Donald Trump and Republican lawmakers have it out for the Consumer Financial Protection Bureau, actually giving the regulator the ax may be much more daunting than expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Aadhaar Payment App Not Without Issues
December 27, 2016

The Aadhaar payment app, another part of India Prime Minister Narendra Modi’s initiative to establish a cashless society, was launched this week and allows customers to make free transactions across the banking system via Android mobile devices. Get the Full Story Complete the form to unlock...

International
KFC, Baidu Team Up On Facial Recognition
December 27, 2016

Baidu and KFC China are working together on a new “smart restaurant” in Beijing that will use facial recognition and factors such as age, gender and facial expression to suggest things a customer may order. Get the Full Story Complete the form to unlock this...