News

Retail
Instagram Aims To Have Athletes, Teams Sell Products
December 04, 2019

To create relationships with fans, sports stars, teams and leagues have used Instagram for a long time. But they are also increasingly tapping into the social media platform to sell products as well, The Wall Street Journal reported. Get the Full Story Complete the form to unlock...

Retail
Glossier Brings Shops To Nordstrom
December 04, 2019

With its perfume that has a cult-like following, Glossier is opening temporary shops in seven Nordstrom locations, with the inclusion of the retailer’s New York flagship. The brand will only sell its “Glossier You” fragrance, which has become one of the top-rated products on Glossier.com...

Retail
Analyst Sees $40B Market Cap For Lululemon
December 04, 2019

Cowen believes Lululemon could be the next Nike, as it raised its price target on the stock to $250. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

B2B Payments
Finserv Providers Embrace New Rails For Faster B2B Payments
December 04, 2019

Recent analysis from Juniper Research found that blockchain-powered cross-border B2B payments are expected to reach a $4.4 trillion valuation by the end of 2024, and $191 billion by the end of this year. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Why SMBs Should Look Beyond High Street For FX Needs
December 04, 2019

The rise in alternative small business lending players was first viewed as a competitive force against traditional financial institutions (FIs), although some legacy banks eventually embraced the new market entrants with partnerships and acquisitions to bolster their own small business lending activity. Get the Full...

Delivery
Investors Sour On Postmates, Triggering Layoffs
December 04, 2019

Food-delivery startup Postmates has laid off dozens of employees and shuttered its Mexico City office, CNBC reported on Tuesday (Dec. 3), citing sources.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Regulators Support Alternatives To Assess Creditworthiness
December 04, 2019

Federal banking regulators support using alternative methods to assess creditworthiness to help high-risk people get loans, The Wall Street Journal (WSJ) reported on Tuesday (Dec. 3).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Faster Payments
Mastercard: Instant Deposits Close SMB Cash Flow Gap
December 04, 2019

Small business is the lifeblood of the U.S. economy, and cash flow is the lifeblood of small businesses. Firms struggle when funds don’t reach their accounts in a timely manner. Silvana Hernandez, senior vice president of digital payments and labs at Mastercard, tells Karen Webster...

Cross-border Payments
Recurring Payments’ Supporting Role In Keeping Customers Loyal
December 04, 2019

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...