article thumbnail

TRENDING: Inside GDPR’s Enforcement Strategies

PYMNTS

A February 2018 study from the Federal Reserve Bank of Minneapolis found that 75 percent of American financial institutions incurred losses due to fraud last year. The company recently debuted a new biometric payment card designed to enable customers to register their fingerprints without visiting a bank branch.

Trends 125
article thumbnail

Big Week Ahead For Retail; Target Earnings Expected To Show Momentum Of Digital Shift

PYMNTS

Macy’s will be the wild card of the week for several reasons. The Minneapolis-based retail giant reports Wednesday morning (Nov. To help our guests adapt to these changes, we’re building flexibility into our merchandising and operations to allow our guests to celebrate the season in new ways. Morgan Chase & Co.,

Retail 141
Insiders

Sign Up for our Newsletter

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

article thumbnail

Kids’ Eyeglasses Get A Mobile And 3D Makeover

PYMNTS

Shoppers can check out using a credit card, debit card, Apple Pay or health savings account (HSA)/flexible spending account (FSA) at launch. Already it has operated a pop-up experience in the Los Angeles areas, Schlumberger told PYMNTS, with more such efforts planned for other locations.

Mobile 153
article thumbnail

Wendy’s Adds Flavor To Ghost Kitchen Movement

PYMNTS

Minneapolis restaurant owner Luke Shimp converted the kitchen of his Red Cow Uptown restaurant to the Kenwood Food and Beverage, a virtual food hall that he opened about a month ago. While 2020 has been a big year for ghost kitchens, some critics have likened their success to a “ house of cards ” likely to topple in 2021.

Phoenix 132
article thumbnail

Whole Paycheck Tracker: Target, Walmart Comparison Uncovers Different Digital-First Strategies

PYMNTS

So far, it looks like Walmart could steal a few pages from its Minneapolis-based neighbor. As online sales surge during the pandemic, the retailer plans to test a new concept at four stores that will “operate as both physical shopping destinations and online fulfillment centers,” the company stated.

article thumbnail

Data Dive: FedEx Competes, BoA Automates And Hackers Hack … Everyone, Including Each Other

PYMNTS

They also tend to be focused a bit differently, with a focus on mortgages, credit cards and auto loans, specifically. For those hoping to experience the wonder of fully automated BoA branches right now, it will be necessary to live in (or travel to) Minneapolis and Denver — both of which are relatively new markets for the bank.

Data 122
article thumbnail

What eInvoicing Standardization Could Mean For AP Automation

PYMNTS

The Federal Reserve Bank of Minneapolis’s Payments, Standards and Outreach Group published a report in 2016, “ U.S. That’s a major problem for businesses looking to improve their accounts payable operations, says IPS President and Chief Executive Officer Greg Bartels. payments system. The problem for U.S.