PYMNTS

SEPTEMBER 7, 2018

To help consumers experience new ways to pay, Visa has announced a new relationship with New York Fashion Week: The Shows. Through the on-site experience, consumers will be able to tap to pay with contactless cards and devices, the company said in an announcement. “We

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Payments Source

MARCH 29, 2017

Supreme Court ordered closer scrutiny of a New York law that bars merchants from imposing surcharges on credit card purchases, giving a group of retailers a partial victory by saying the measure might violate their free-speech rights.

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Bank Innovation

SEPTEMBER 7, 2016

Artificial intelligence is set to challenge traditional technologies in financial services, if the startups that demoed at BBVA Open Talent in New York today are any indication. The BBVA Open Talent Challenge is part of Next Money NYC. Today’s event is one of three regional finals, from which a few Read More.

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PYMNTS

FEBRUARY 6, 2020

Used to be that you went to Fashion Week in New York to rub elbows with Tom Ford, Ralph Lauren and Stella McCartney. and has attracted more than 3,000 retailers to its partnerships. Sykes believes the attraction of online companies and uber-retailers it simple at one level. You know one of them. 11 and Wednesday, Feb.

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PYMNTS

JUNE 13, 2019

is launching the Columbia National Credit program with its new CNC Card, according to a release by the company. Launch of the credit card comes after a successful test run in New York. This is the first time consumers in the United States can use a credit card to buy cannabis, the company said.

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PYMNTS

MARCH 11, 2019

Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year. At the same time, new technologies are coming on the market to serve these merchants. Nearly half – or 45 percent – of retailers see mPOS solutions as top priorities.

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PYMNTS

JUNE 10, 2020

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released a report that says 25,000 retail storefronts will close by the end of the year. However, this shift does not portend a complete abandonment of brick-and-mortar retail. percent of U.S.

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PYMNTS

JANUARY 28, 2019

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? In New York this month, credit card surcharges got the okay. Maybe, maybe not.

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American Banker

DECEMBER 28, 2022

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PYMNTS

JANUARY 8, 2020

In today’s top news, CitiGroup named David Chubak to head its retail banking division, lawmakers in New York proposed a public eBanking system similar to Venmo and Goldman Sachs created a new division in its reporting process to highlight its consumer focus. Citigroup Names New Retail Banking Leader.

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PYMNTS

MARCH 4, 2019

Amazon, of course, stands out as a marquee name in the move to make the retail experience wholly digital commerce. As had been reported late last month, in New York City, the city council held a hearing centered on a bill that would ban stores and restaurants from being able to refuse to accept cash. The Case Against Cash.

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Payments Source

OCTOBER 30, 2018

Margaret Keane discussed Synchrony's investments in technology, including how the card issuer plans to use customer data to help retailers create targeted ads, during an appearance Tuesday in New York,

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PYMNTS

JUNE 4, 2020

Online commerce has soared during the pandemic, prompting retailers of all types and sizes to leverage how they use digital channels to bring back customers while a full return to physical retail remains months away. But the biggest innovations are coming to online retail. While only 10.3

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PYMNTS

OCTOBER 11, 2019

It’s hard to imagine a world without credit cards. And credit card debt reached $870 billion at the end of last year, setting a new record. Believe it or not, the concept of “credit cards” has been around for a long time. is cashless, and credit card debt stands as the fourth biggest portion of U.S.

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PYMNTS

MAY 29, 2019

It’s not often that one gets to see a new form of retail emerge, but that’s what’s happening with, of all things, legal recreational cannabis. So far, this retail is taking a form that is big, feminine and even a bit luxurious. Evidence of that came earlier this year from Barneys New York. Cannabis Superstore.

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PYMNTS

SEPTEMBER 6, 2019

Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, Nevada calls itself when charging customers’ credit cards. Big Retail.

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PYMNTS

AUGUST 27, 2019

When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. This data certainly isn’t nothing, but it pales in comparison to the data troves that digital retailers have. That’s not the only way innovation with cameras can help retailers.

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PYMNTS

OCTOBER 15, 2019

Data from more than 26 million credit and debit cards was stolen from BriansClub, an underground marketplace for stolen credit card information, KrebsOnSecurity reported Tuesday (Oct. The hacked records were lifted from online portals as well as brick-and-mortar retailers over the past four years. million card records for sale.

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PYMNTS

SEPTEMBER 29, 2016

In the latest salvo of the war over credit cards, surcharges and retailers who pay “swipe fees” when consumers deign to use cards rather than pay with cash … here comes the United States Supreme Court. Rather, they must state that they are actually offering discounts if consumers pay with either cash or debit card.

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PYMNTS

NOVEMBER 8, 2019

Brick-and-mortar retailers are teaming with logistics firms to test drones for delivery — and making progress on their experimental flights. From Walgreens to CVS, pharmacy retailers are collaborating with logistics firms to bring merchandise to their customers — as drones move the needle toward the future of delivery.

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PYMNTS

DECEMBER 19, 2019

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”.

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PYMNTS

JANUARY 22, 2020

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

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BankInovation

OCTOBER 7, 2021

Credit cards could lose ground to buy now pay later (BNPL) service providers, which have a promising future with multiple potential growth paths. Those were the key takeaways from a BNPL session at Future of Fintech conference on Wednesday in New York that was presented by market intelligence firm CB Insights. "We

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PYMNTS

JANUARY 4, 2019

Digitally native retailers are opening stores to bring their virtual experiences into the real world, and Zola is one of the latest merchants to test out the brick-and-mortar waters. The wedding retailer opened a store in New York City’s Flatiron District that is billed as a “one-stop-shop for wedding planning.”.

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PYMNTS

JULY 12, 2019

Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. Other figures also point to how much consumers are spending on legal retail pot. Legal retail cannabis may be spreading throughout the U.S., Payments Progress.

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PYMNTS

NOVEMBER 25, 2019

Retail innovation comes from various places – and for the new decade, that includes quick-service restaurants (QSRs), the site of massive technological change. According to a new study from the National Restaurant Association and Technomic, 22 percent of consumers used kiosk ordering last year. Pickup Windows.

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FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.

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PYMNTS

MAY 22, 2019

specifically, the use of such payments for mass transit in New York City. In an new PYMNTS discussion, Dan Sanford, Visa ’s global head of contactless payments, talked with Karen Webster about the May 31 launch of a contactless payments pilot involving the Metropolitan Transportation Authority (MTA) in New York City and Chase.

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Bank Innovation

FEBRUARY 14, 2020

In this episode, editors discuss the following news developments: The implications of banking startup Varo’s FDIC approval; How U.K. card startup Curve opened a New York City office in advance of its U.S. Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb.

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PYMNTS

OCTOBER 1, 2020

The Small Business Digital Readiness Diagnostic tool is intended to expand the New York-based global financial services company’s Digital Doors curriculum, which promises to ensure businesses have the right devices to maximize their digital presence. “In She introduced curbside pickup in June as customer behavior shifted.

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PYMNTS

JUNE 7, 2019

It’s hard to tell from the PYMNTS New Orleans bureau (where crawfish have given way to punishing sub-tropical heat), but U.S. That, in turn, reportedly provides another opportunity for the emerging and growing legal cannabis retail sector. Take luxury retail , for instance. consumers are drinking less beer.

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PYMNTS

MARCH 11, 2020

The advance of Amazon’s cashierless technology is not a new story to the retail beat as of 2020. with new openings scheduled for New York, Chicago, Seattle and San Francisco on the agenda for his year. with new openings scheduled for New York, Chicago, Seattle and San Francisco on the agenda for his year.

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PYMNTS

MARCH 21, 2018

However, when it comes to retail in those spaces, it doesn’t always work out. Retail at the gym may look like a smart business move from the outside, but it often ends up eating more space and effort than it’s worth. Enter unattended retail. Fitness centers are all about working out. Everybody knows time is money.

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PYMNTS

JULY 18, 2017

Rivals Visa and PayPal have shaken hands over a joint plan to issue debit cards in Europe. The truce stands to benefit merchants most of all, as it will expand their ability to use their PayPal funds to support business expenses and unlock new possibilities at the point of sale. customers already have access to PayPal debit cards.

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PYMNTS

NOVEMBER 8, 2019

If so, one can probably remember the fantastical predictions that, before too long, brick-and-mortar retail would go the way of the horse-and-buggy. Physical retail may be going through some tough times. The POS devices are about the size of a card reader, and can be used anywhere in the space. “We Those were the days.

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PYMNTS

SEPTEMBER 29, 2020

The giant eCommerce website can now connect a stored credit card with a palm print. But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said. If it’s a hit with users, Amazon plans to bring it to other retailers as well as performance venues and the nation’s offices.

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PYMNTS

OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. ABI Research predicts that one million automated retail units will be in the Asia-Pacific region by 2023.

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