Last week, Sears finally succumbed to Chapter 11 bankruptcy protection after a decades-long and painful struggle. Sears expects to close 142 unprofitable stores by the end of this year. Mattress Firm also announced bankruptcy plans to close 700 of its stores across the US. These ...
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Welcome to Payments NEXT’s Friday global payments news roundup featuring breaking news, industry insight, trends, research and much more. PayPal Scores an AmEx Tie-Up and Notches a Strong Quarter, Though Challenges Loom PayPal began working with competitive and semi-competitive partners, and on Thursday it added ...
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Online retailers using PayU in Europe can now add to Google Pay to mobile and online payments for customers. Google and PayU first introduced Android Pay (now Google Pay) to the Poland market earlier in 2018. “Thanks to Google Pay, users in Poland and Europe ...
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Mitek released a new report ranking the top 20 US retail financial institutions based on the customer experience, quality and features of their mobile banking deposit app and services. The third annual 2018 Mobile Deposit Benchmark Report shows that financial institutions investing in the design, ...
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You may be surprised to learn which e-commerce markets in Europe and the Commonwealth of Independent States are growing the fastest. In fact, according to the latest PPRO research report, the average e-commerce growth-rate is 25% in this region, two-and-a-half times higher than the average ...
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New National Retail Federation (NRF) research shows September retail sales were up 3.0% over last September and projections for 2018 holiday sales indicate 4.3% to 4.8% growth over last year. NRF Chief Economist Jack and said, “Recent solid wage gains and other fundamentals continue to ...
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It was a busy week in payments news. We’ve got a must-read list of 10 small business cybersecurity facts you should know. There’s also a look at the strategy behind retailer H&M’s investment in online payments company Klarna and Zebra Technologies’ 2018 Shopper Study. We ...
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Dell shares some valuable cybersecurity facts and figures. Here are just 10 reasons small to midsize business need to make cybersecurity a priority. There are 4,000-plus ransomware attacks occur daily on business networks and home computers. Passwords are the most common data affected when a company ...
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In an unusual deal, Swedish-headquartered fast fashion retailer H&M invested $20 million to acquire under 1% of online payments firm Klarna. H&M will implement Klarna’s payments platform in its retail and online channels to provide shoppers with what it calls a “frictionless” payments experience starting ...
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Target’s newly-announced Smartly brand private-label discount products may turn out to be its most effective defense against competitors ranging from Amazon and Walmart to dollar stores. Target introduced a whole line of more than 70 everyday items, from all-purpose cleaner and body lotion to paper plates and ...
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