News

eCommerce
Flipkart Sees 50 Pct. New Customer Growth During Big Billion Days
October 04, 2019

Flipkart, India’s largest eCommerce site, registered 50 percent growth in new users during its Big Billion Days sale, according to reports.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Digital Banking
Credit Karma Debuts High-Yield Savings Account
October 04, 2019

Credit Karma, a company that enables people to gain access to their credit scores, is launching a high-yield savings account that customers can use through an app and online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
Apple’s Missed Shot, Marcus Loss And Fraud Prevention Top Week’s News
October 04, 2019

Life is never boring in the world of payments and commerce, and the newest edition of the PYMNTS Weekender report is proof of that. This week’s coverage includes a deep dive into a big potential misstep for Apple, woes at Goldman’s Marcus, a new Visa...

Alternative Finances
Payday Lending Laws Drive Traffic To Pawn Shops
October 04, 2019

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. By definition, a pawnbroker offers loans on items that are not accepted as collateral by traditional banks or lenders. Items that typically...

Investments
Indian Delivery Startup Dunzo Notches $45M
October 04, 2019

Dunzo, an Indian delivery service that differentiates itself with fast delivery times and a business model that delivers practically anything, has raised $45 million in a Series D funding round, according to a report by TechCrunch. Get the Full Story Complete the form to unlock...

Partnerships / Acquisitions
Florists’ Association Teams With First American For eCommerce, Payments
October 04, 2019

The PFS Floral Cooperative Association (PFS), created to help florists run their local businesses and compete with larger chains, has teamed up with First American Payment Systems, a global payment technology company, according to a release. Get the Full Story Complete the form to unlock...

Payments Innovation
How FinTechs Help Companies Tap Into Emerging Technologies
October 04, 2019

Businesses are becoming more aware of tech-enabled solutions and prioritizing tools that can help them work smarter — and not harder. As part of that awareness, companies across all industries are realizing the strategic value of accounts payable (AP) automation and developing an understanding of...

Retail
Fixing Fast Fashion’s Uncertain Fortunes 
October 04, 2019

When Forever 21 filed for bankruptcy earlier this week, there was much bemoaning but not a lot of actual surprise on offer. The chain’s decline was a long-running phenomenon, as falling sales and decreasing foot traffic began to gin up rumors of it coming bankruptcy...

Retail
How New Tech Is Changing Furniture Shopping
October 04, 2019

Look to furniture and home furnishings to drive more retail innovation. 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...