December 01, 2017
Simon Wants To Help eCommerce Brands Get Into The Mall
While it seems like much of physical retail is trying to figure out how to better emulate eCommerce brands, eCommerce startups are actually trying to figure out a way to...
November 30, 2017
Sears Strikes Back Against Slack Sales With Specialization
Sears has had an extremely difficult last few years, marked by hundreds of locations closing nationwide and sales figures that continue to trend downward. But, according to chief financial officer Rob...
November 27, 2017
IBM Discovers Cybercrime Ring Targeting Canadian Businesses
IBM X-Force, the cybersecurity intelligence and research unit of IBM, has reportedly discovered a cybercriminal ring operating out of Ukraine targeting Canadian businesses. Recent reports in Security Intelligence said the...
November 27, 2017
Boomers Join Millennials In Embracing Rent Versus Buy
More baby boomers are forgoing homeownership and choosing to rent, with many looking for the same type of living environment as their millennial counterparts. Between 2009 and 2015, the number...
November 24, 2017
Black Friday’s Not Dead; It’s Just Flown The Coop
America invented Thanksgiving, but it has mostly kept that holiday to itself. The day after Thanksgiving, however, is another story. Black Friday originally marked the transition from one holiday into...
November 23, 2017
New York Venture Bank Seeks National Bank Charter
New York Venture Bank, a new financial institution (FI) created by big names in the financial services industry, has applied for a national bank charter. According to a Wednesday (Nov....
November 21, 2017
Bitcoin Startup Pulls Disappearing Act After Raising $375K
Confido, the startup that raised $374,477 in an initial coin offering (ICO), has reportedly disappeared with the investors’ money. According to a news report in The Next Web, Confido, which...
November 20, 2017
Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
Student loans have an unexpected consequence if they go unpaid: Borrowers who default on their payments can lose their state-issued professional licenses. That’s according to a news report in CNBC...
November 17, 2017
Singles’ Day Sizzles, IPOs Fizzle And Mt. Gox Brings (More)...
Sizzle Singles’ Day is for Lovers (of Global eCommerce): The record set last year for Alibaba’s Singles’ Day gets crushed with this year’s $25 billion in transactions (1.4 billion of them)....
Real-time payments already account for at least 15% of B2B payments volume in the insurance, manufacturing and retail industries. PYMNTS Intelligence’s latest study of 500 executives across the retail, insurance, manufacturing and real estate sectors examines how these industries are using real time payments today and their plans for the future. Read more in “The State of Real-Time Payments,” a collaboration with The Clearing House.