We know what fraud looks like for consumer victims and for merchants, but what about for the fraudsters themselves? PYMNTS had the unusual opportunity to speak with the self-proclaimed CFO of an international fraud syndicate trafficking in stolen credit card credentials. By this executive’s account, it turns out running a fraud syndicate is pretty much just like running any other business, complete with risks, investors, partner expenses and bad employees.  Read More...

The new retail frontier is upon us and it’s coming in the form of chatbots. With the continual upgrades to behind-the-scenes technology, cognitive computing has ingratiated itself into what’s becoming the main vein of how consumers interact with retailers. As such, today’s piece focuses on the current state of cognitive computing’s role in chatbots.  Read More...

In the cutthroat grocery war, Target has added two new executives to its team and plans to drop prices to compete with players such as Walmart, Kroger and Amazon/Whole Foods. Grocery accounts for approximately 20 percent of Target’s business and is a major driver bringingcustomers through its doors to shop in all departments. Plus: Aldi teams up with Instacart, east Idaho grocery stores sell out of staples in the days before the solar eclipse, and Starbucks has good news for pumpkin spice latté fans.  Read More...