POS and Retail

Changing the retailer's prepaid card into a demand deposit account gives customers access to more digital banking tools.

Beauty shops must handle transactions for multiple employees and contractors operating under one roof. Tech companies are customizing software and transaction processing services for this niche.

Under the deal, the $425 billion-asset bank will become the exclusive card issuer for the home furnishings retailer, which long partnered with Alliance Data Systems.

The e-commerce giant is looking for someone whose skills pertain to distributed ledgers and digital currency.

The move furthers the retail giant's strategy to become a one-stop shop for payments and financial services.

Citi Retail Services has renewed its longtime card-issuing relationship with Tennessee-based Tractor Supply Co., which saw record sales during the pandemic as consumers expanded their backyard menageries.

The most sophisticated cyberattacks can begin with something as simple as a text message.

Now that Western Union has begun its deployment at the big-box retailer, where MoneyGram has long had a presence, the incumbent is watching for signs of pricing pressure.

The retailer's mobile app didn't allow sales staff to earn commissions. An arbitrator's ruling requires Macy's to update its app — and signals another complication in the shift to all-digital payments.

Acker wants crypto investors to convert their wealth into expensive wines.