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NYC’s Payoneer Acquires optile To Bolster Payment Technology

PYMNTS

New York City digital payment platform Payoneer is set to acquire the Germany-based open payment orchestration platform optile , Payoneer announced in a press release on Tuesday (Dec. optile’s orchestration platform was developed for global ventures to quickly expand to additional markets.

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How Experiential Retail Is Giving Physical Stores An Edge

PYMNTS

One of the most commonly talked-about and executed strategies in the 2020 connected commerce world is experiential marketing. But experiential marketing is also a customer-centric strategy intended to drive customer retention and strengthen the bond between retailer and consumer. Wine and cheese for the shoppers?

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Salesforce Taps Amazon For Call Center AI

PYMNTS

Customer relationship management (CRM) firm Salesforce is expanding its partnership with Amazon Web Services (AWS) to offer customer service technology powered by artificial intelligence (AI), Salesforce said in a press release on Tuesday (Nov. The new services were announced at Salesforce’s Dreamforce conference Nov.

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Ex-QVC Executive Gets 2.5 Years In Prison For Defrauding Company

PYMNTS

CNBC said The Steinberg Group , which operates under the name dOMAIN, and a production management company in New York City agreed to submit altered invoices and bills to hide the scam. Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam.

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Succeeding in the future of payments

Insights on Business

Exposure to operational risks, data breaches and fraud losses can rise as a consequence of adopting new payment types and channels. The future of payments will increasingly be shaped by fintechs who are quick to respond to market needs with new payment services that offer exceptional value and customer experience.

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The Global Connected Retail Market May Top $82B By 2025

PYMNTS

Retail is undergoing a reinvention with the rise of eCommerce, and merchants are trying new approaches to their brick-and-mortar stores. Nordstrom , for example, has rolled out a new store concept , Nordstrom Local, that premiered in West Hollywood. It can, however, “mean trusting an expert to pick out a selection of items.”.

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The Walmart Amazon Whole Paycheck Tracker: The Delivery Edition 

PYMNTS

“It’s clear the main reason Amazon wanted to be here was the availability of a skilled tech workforce plus the synergy with related industries,” said James Parrott, an economist at the New School. And New York City still retains that attraction.”. Alphabet also signed a lease earlier this year for 1.3