News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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PYMNTS Daily Data Dive: Millennials Eschewing Credit Cards
PYMNTS Daily Data Dive: Millennials Eschewing Credit Cards
August 23, 2016  |  Consumer Finance

Credit card issuers will be encouraged by the latest data from The New York Fed. Credit card use, after many years of slowdown after the...

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Best Buy Beats The Street With Surprise Strength
Best Buy Beats The Street With Surprise Strength
August 23, 2016  |  Retail

Best Buy walked into earnings season with a sword or two dangling above its head. The last few quarterly reports have been marked by falling revenue...

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JCPenney Goes Big On Omnichannel
JCPenney Goes Big On Omnichannel
August 23, 2016  |  Retail

Fighting off years of sluggish sales growth and diminishing footfall to their stores, JCPenney has spent much of the last 18 months reinventing itself. It has...

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It’s Not ‘The Apple Store’ Anymore
It’s Not ‘The Apple Store’ Anymore
August 23, 2016  |  Apple

“The Apple Store” will soon be no more. But don’t panic — the physical retail locations aren’t going anywhere. Apple is just switching up the branding. Going forward,...

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Foursquare’s Plan To Turn Data Into Dollars
Foursquare’s Plan To Turn Data Into Dollars
August 18, 2016  |  Omnicommerce

If you believe the old adage that half of all ad dollars are wasted, retailers just don’t know which half, then close to $250B is...

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For Chargebacks, A 50 bp Rule Of Thumb
For Chargebacks, A 50 bp Rule Of Thumb
June 14, 2016  |  Security & Fraud

Chargebacks can sink profits and reputations — and more often than not they're tied to fraud. Once they hit 50 bps of transactions, says a...

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UK’s Fraud Investigator Reviewing ‘Blockbuster Funding’ Model
UK’s Fraud Investigator Reviewing ‘Blockbuster Funding’ Model
May 25, 2016  |  Regulation

The Serious Fraud Office (SFO) of the U.K. is taking a second look at one of its practices that has raised criticism in the past...

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Mastercard Adds Boston To ‘Priceless Cities’ Program
Mastercard Adds Boston To ‘Priceless Cities’ Program
April 21, 2016  |  Loyalty & Rewards

How can one sum up the history of Boston? “Priceless.” At least, if you ask Mastercard. And that’s exactly what happened this week after Mastercard...

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As South Carolina Votes, Jobs At The Forefront
As South Carolina Votes, Jobs At The Forefront
February 19, 2016  |  Retail

The Republican primary is tomorrow, but the issues of jobs and slowing growth will linger in South Carolina after the votes are tallied.

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