Tue.Jun 19, 2018

Remove operations-retail
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PayPal Will Buy Hyperwallet In $400 Million Deal

PYMNTS

eCommerce platforms and marketplaces are leveling the retail playing field by connecting buyers who have specific needs with groups of sellers that can meet them,” said Bill Ready, chief operating officer at PayPal. Jetlore’s platform is used by some of the leading retailers around the globe.

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Fishbowl Hooks Manufacturers With Free Inventory Solution

PYMNTS

The company also offers Boxstorm Basic, which adds sales process automation; Boxstorm Premium, which broadens automation capabilities with purchase and payment features; and Boxstorm Ultimate, which adds enhanced automation for more holistic operations. Earlier this year, Neiman Marcus announced it would implement technology by Sky I.T.

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Rent-A-Center Sold For $1.37B

PYMNTS

Rent-A-Center operates 2,400 stores in North America but has recently fallen on hard times. Vintage also owns rent-to-own operation Buddy’s Home Furnishings. For instance, Affirm recently announced it is partnering with various brands and retailers to offer shoppers a simple, no-interest monthly payment option on purchases of any size.

Lending 103
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Aggregator Apps And Delivery Drive Consumer QSR Preferences

PYMNTS

Introduced in 2014, alongside a handful of other experimental services, UberEATS operates worldwide in 29 countries. In particular, gift cards have been the most requested holiday gift by consumers for the past 11 years , according to a National Retail Foundation report.

Survey 115
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Can Behavioral Analytics Slow Online Fraud?

PYMNTS

And ultimately, it doesn’t matter if the attack is at the retail POS or if it targets a credit card or an alternative payments choice. Added Mills: “Whatever additional security checks the merchant or the bank puts in place to try and validate that the consumer is who they say they are … the fraudster can pass them.”

Fraud 138
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Finastra Gains Foothold Among Community Banks with Malauzai Acquisition

Bank Innovation

Finastra, which was formed from the union of Misys and D+H, and calls itself the world’s third largest fintech company in the world, has acquired American software company Malauzai in an attempt to strengthen its foothold in the American banking market.

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AEVI CEO: SMBs Battle To Stay Focused In A Fragmented World Of POS Features

PYMNTS

The pace of advancement in retail has been so fast in recent years, AEVI CEO Mike Camerling told Karen Webster in a recent conversation, that it can be genuinely difficult for SMBs – particularly mom-and-pop mainstream merchants – to keep up. “It So, for example, I leave my shirts in the morning at the dry cleaners.

Data 101