News

Regulation
BIS Advocates Bank Oversight Of Blockchain
September 18, 2019

In finance, now comes automated, embedded supervision. Maybe. 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...

Payment Methods
Walmart Launches New Rewards Credit Cards With Cap One
September 18, 2019

Walmart has announced it is teaming up with Capital One on a new credit card to be released on Sept. 24, according to a release. There will be two versions available: the Capital One Walmart Mastercard and the private-label Walmart Rewards Card. Get the Full...

Ridesharing
A Year After Lyft’s Billionth Ride, The Industry Weathers Big Challenges
September 18, 2019

Optimism can be so fleeting and fragile, especially when it comes to revenue, growth and profit. That’s one lesson to consider today in reading coverage from a year ago, when Lyft was celebrating its billionth provided ride. Get the Full Story Complete the form to...

Global Payments
FinTech InstaReM Launches Remittance Service In Canada
September 18, 2019

Cross-border payments provider InstaReM is rolling out its digital money transfer services in Canada, the company said in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Credit Card Startup Petal Raises $300M Led By Jefferies
September 18, 2019

The New York-based FinTech company Petal has announced a $300 million debt round from global investment bank Jefferies, adding to existing venture capital investments from Peter Thiel’s Valar Ventures, Rosecliff Ventures and others, the company announced in a press release on Wednesday (Sept. 18). Get...

Retail
Using Data Tech To Create A Modern Lingerie Marketplace 
September 18, 2019

For American women, there is plenty of friction built into the process of purchasing lingerie. Cost, sizing, styling, access and lack of consistency in the products are among the ranking complaints. Perhaps unsurprisingly, a veritable legion of DTC brands and startup shops have sprung up in...

Retail
Western Union Powers Pay With Cash On Amazon In US
September 18, 2019

To make it easier for shoppers to pay with cash, Amazon PayCode is rolling out today in the United States. The option enables customers to select Amazon PayCode at checkout and pay in cash at one of 15,000 Western Union locations, according to an announcement....

Retail
Athletic Subscription Boxes Run On Curation
September 18, 2019

The plethora of merchandise and accessories in the athletic market can be overwhelming for new runners. In addition to buying a pair of sneakers to lace up when they hit the road, consumers also have the opportunity to choose products such as energy gels, bars...

Retail
Retail Feels The Wide Impact Of Bridge Millennials
September 18, 2019

Among the forces working to influence and change retail — and do so into the 2019 holiday shopping season, as well as the 2020s — is the rise of bridge millennials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...