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Reseller Market Maintains Momentum With Nordstrom’s Entry

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While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. Nordstrom joins other department stores in the resell market. It is playing the sustainability card this year, with Fashion Footprint Calculator.

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City National Bank, Extend Team On Virtual Corporate Cards

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City National Bank has enlisted New York City FinTech Extend to enable the bank’s clients to offer virtual corporate cards to employees, vendors and other business partners, the companies announced in a press release. Replacing them is much easier than replacing plastic cards.

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Earl Enterprises Acknowledges Data Breach Of 2M Cards

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Buca di Beppo , the Italian restaurant chain, reportedly knew about a data breach that resulted in two million credit card and debit numbers being stolen since Feb. KrebsOnSecurity said credit and debit card accounts from Earl Enterprises restaurants were up for sale as of Feb. 21 — but waited until the end of March to reveal it.

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Goldman Sachs: US Unemployment To Hit 15 Pct; GDP May Drop 34 Pct In Quarter

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The stock market has been recovering from the early shock of the pandemic, however. Goldman Chief Economist Jan Hatzius noted that the various social distancing and lockdown measures seem to be flattening the curve of the virus as of late, with even New York City seeing its numbers of hospitalizations falling slightly.

St. Louis 174
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Visa: US Starting To Close The Contactless Gap

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Globally, tapping to pay with contactless cards has taken off remarkably, and the U.S., after years of lagging behind, is starting to catch up, according to a new blog post from Visa. nearly half of all Visa transactions at physical points of sale happen via contactless card tap. More notably, Sanford writes, the U.S.,

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How Cashierless Checkout Can Power Brand Marketing Experiences

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Cashierless stores aren’t just for mega retailers like Amazon to sell prepared food from their kitchens or products from other producers: Beverage brands, among other companies, are getting into the action and choosing this checkout experience for stores that showcase their own products IRL (“in real life”) as a marketing tool.

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Visa: US Contactless Payments Primed For A Big 2020

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11), that public pilot officially came to an end, as Penn Station was added to the New York list of MTA stations that enables open payments using network-branded contactless cards. Visa began this project with the idea that New York City could be the “ground zero” for contactless card ignition in the U.S.

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