News

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

(source: pymnts.com)

Wells Fargo Offers Regrets, But Doesn’t Admit Misconduct
Wells Fargo Offers Regrets, But Doesn’t Admit Misconduct
September 12, 2016  |  Banking

In the wake of firing more than 5,300 employees and paying $185 million in fines to help settle an investigation into what some have called...

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Payments Stocks, Like Markets, Swing To The Downside
Payments Stocks, Like Markets, Swing To The Downside
September 12, 2016  |  Stock Index

The PYMNTS Stock Index showed a bit more outsized volatility — on the losing side — than was seen in the overall markets. Keep in mind...

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Let 100 Amazon Pop-Up Stores Bloom
Let 100 Amazon Pop-Up Stores Bloom
September 12, 2016  |  Amazon

Many retailers want to boost their online presence to compete with Amazon’s delivery speed and two-day turnaround guarantees. Amazon, conversely, is building out its physical...

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American Express Launches Use Points For Purchases
American Express Launches Use Points For Purchases
September 12, 2016  |  Loyalty & Rewards

American Express Canada announced on Friday (Sept. 9) the launch of Use Points for Purchases, a new service that allows eligible cardmembers to use Membership...

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Visa Teams With Ingenico To Showcase Contactless Payments
Visa Teams With Ingenico To Showcase Contactless Payments
September 12, 2016  |  VISA

Visa is gearing up to roll out a lineup of payment experiences during the Toronto International Film Festival (TIFF), which it has been sponsoring for...

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Project Sand Hill: Seek And Acquire
Project Sand Hill: Seek And Acquire
September 12, 2016  |  Innovation

Tech giants Google and Apple both have outreach groups that seek and acquire “rocketship startups” from all over the world. Project Sand Hill is the...

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Apple Is Coming To Macy’s
Apple Is Coming To Macy’s
September 12, 2016  |  Apple

Store-within-a-store has been one of the few consistently performing innovations on offer in department store retail of late. JCPenney’s recent turnaround has been greatly aided...

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Ford Buys Chariot, Wants To Solve Cities’ Transportation Woes
Ford Buys Chariot, Wants To Solve Cities’ Transportation Woes
September 12, 2016  |  Partnerships / Acquisitions

Ford announced on Friday (Sept. 9) it is acquiring Chariot, a San Francisco-based crowdsourced shuttle service. The car maker also said it is collaborating with...

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Digital Commerce Increased 22 Percent In Second Quarter
Digital Commerce Increased 22 Percent In Second Quarter
September 12, 2016  |  eCommerce

Digital commerce increased 22 percent in the second quarter, surpassing industry expectations, according to Demandware, the Salesforce company. In a report, Demandware said shopping attraction,...

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