High-end retailer Nordstrom’s is soliciting partners for its store-branded credit card. Potential partners include Capital One, Toronto-Dominion Bank, CitiGroup, and JPMorgan Chase & Co, note sources close to the matter who asked not to be identified in Bloomberg’s original reporting on the story. The total...
Facebook has denied that it has any intention to compete with banks, in a move to calm concerns reported on last month by Commonwealth Bank of Australia boss Ian Narev that it poses a strategic threat to the big four banks. Narev is one of many...
A House Energy and Commerce subcommittee on May 22 held a hearing to discuss a bill it introduced that day that would enhance state and federal enforcement of fraudulent patent-demand letters, which the retail industry says costs the economy $30 billion a year. Get the...
As many portend the death of physical retail in some categories bricks will dominate clicks for years to come, so says a recent study by Kantar Worldpanel. They report that it will take at least 10 years before internet plays like Amazon’s Dash capture even...
In an effort to blunt Google’s foray into the smart home as a result of its recent acquisition of Nest, it is widely expected that Apple will announce its own smart home strategy at its WWDC on June 2nd. Get the Full Story Complete the...
Barclaycard and London-based tech startup Flubit have teamed up to create a digital marketplace to help give smaller retailers greater access to cardholders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Could bitcoin be settling down? Will the Fed regulate it? Do consumers pay more when they use it? Oh, where can bitcoin now be used that might surprise you? Get caught up in this weeks, bitcoin news.
London-based mobile-payments and loyalty app Yoyo has scored $5 million in seed funding. Yoyo aims to create a better customer experience by speeding up in-store transactions through combining payment and loyalty via one easy scan. Get the Full Story Complete the form to unlock this article...
Fleet card provider WEX plans to take it fleet card to Canada, as more of its U.S. customers have operations in both countries. WEX has grand global growth plans overall, fueled by expanding relations with such fuel companies as ExxonMobil.
