article thumbnail

Barclays Shuts Down Online Banking Services on Easter Weekend

Bank Innovation

These changes were established by the Bank of England in 2011, and is referred […]. The major U.K. bank said it will be switching off access to 24 million customers as the bank restructures itself as required by national regulation.

Online 220
article thumbnail

Why Invisible Will Make 2020’s Payments Innovation Roar

PYMNTS

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PetSmart Acquires Leading Online Pet Food Retailer

PYMNTS

PetSmart is boosting its digital offerings through the acquisition of Chewy, the leading online retailer of pet food and products. After the deal is closed, Chewy, which was founded in 2011, will continue to be led by CEO Ryan Cohen and operate primarily as an independent subsidiary of PetSmart.

Online 100
article thumbnail

Goldman Sachs Forecasts Acceleration In eCommerce Sales

PYMNTS

Goldman Sachs has predicted that online shopping will expand by 19 percent each year during the next three years to come, which marks a rise from its past forecast of 16 percent. In addition, a JLL executive noted in the report that industrial rent growth has been positive as of 2011. In addition, JLL forecasted that the U.S.

article thumbnail

Why Accounting Innovation Flourishes In India

PYMNTS

India is becoming a new center stage for innovation in the corporate and small business accounting software space, analysts believe. “Technological advancements, rising integration of accounting software with various online applications, such as automated billing features, automated bank feeds, eCommerce websites, etc.,

article thumbnail

As Online Sales Grow, So Does Cyberfraud

PYMNTS

One of the unintended consequences in the rise of eCommerce is a related rise in cyberfraud attacks on online shoppers. Shape’s innovative technology has proven to offer highly effective defense against automated attacks from advanced cybercriminals,” according to Lak Ananth, managing director of Hewlett Packard Pathfinder.

Online 100
article thumbnail

DraftKings To Merge With Other Companies, Go Public

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company said the deal with DraftKings turns it into the “only vertically-integrated pure-play sports betting and online gaming company,” the company said in a release.

Las Vegas 130