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Pop-Up Shops Fit Trend Toward Smaller Retail Spaces

PYMNTS

Retailers are looking to do more in smaller spaces, a trend that seems ready to increase during the holiday shopping season and beyond. Among the latest examples of that comes from kids’ eyewear retailer Fitz Frames , which offers face measurements via its mobile app, and a subscription commerce plan for consumers.

Trends 121
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U.S. Bank Announces Amazon Alexa Integration

Bank Innovation

The Minneapolis-based bank ran an employee pilot over the summer and initiated work on the Alexa skill earlier in 2017, said Gareth Gaston, executive vice president and head of omnichannel banking at U.S. […]. EXCLUSIVE- U.S.

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BNPL Firm Sezzle Allies With Ally Lending To Expand Loan Options

PYMNTS

This will allow the Minneapolis-based Sezzle to offer more long-term loans. BNPL providers are seeing market growth , as the payment financing option is seen as a possible boost for shopping via smartphone, which has been a challenge for retailers. "We

Lending 198
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BofA Consumers Can Add Credit, Debit Cards To PayPal From Mobile Banking App

PYMNTS

It’s all about providing our customers the most convenient and secure payments experience possible,” said Mark Monaco, head of Enterprise Payments at Bank of America, in a press release announcing the integration. “As At the same time that Bank of America is embracing digital payments, it’s also expanding its retail footprint.

Mobile 124
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Carl Icahn Bets On Mall Owners Defaulting On Debt

PYMNTS

There are more than $10 billion of potential profits at stake on the direction of an index called CMBX 6, which tracks the value of 25 commercial-mortgage-backed securities (CMBS), including mall debt. Retail malls have also been looking at innovative ways to lease out their space.

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The Future Of Banking Comes To Sunday’s Big Game

PYMNTS

Bank Stadium in Minneapolis will see a spike in activity with the influx of consumers for the big game. Acheson said the exhibition is important because user experience is such a growing area of focus for banks and retailers. Security of the transaction, throughout all layers of the underlying infrastructure, is a focus unto itself.

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Payments Fraud Rides Money Mules Into 2019

PYMNTS

Juniper Research , for example, has estimated that retailers will lose as much as $130 billion in card-not-present (CNP) fraud through 2023 — as tech gets more complex and transactions are done across borders. It’s no surprise that payments fraud is on the rise. In yet another case , Catholic Charities of St.

Fraud 158