The central bank in Singapore has announced that it will issue five digital bank licenses to eligible applicants, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
An Italian data protection regulator hit Facebook with a fine of €1 million ($1.1M) for violating local privacy laws in relation to the Cambridge Analytica scandal, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Malls are not exactly the hotspots of coolness and retail activity they once were. But operators of some of those shopping destinations continue to wield investment power as malls undergo remakes for the 21st century. Among the latest examples of that trend comes from Simon...
People who use Polish payment system BLIK will soon be able to pay for things like Netflix and Uber with it, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
To acquire the Bank of Ireland’s U.K. credit card business, mobile-first company Jaja will pay an initial cash consideration of $671 million at current rates. The FinTech firm will also serve as the consumer credit card issuer for the AA and the bank’s U.K. consumers,...
In its U.S. initial public offering (IPO), eCommerce luxury reseller The RealReal Inc. has notched $300 million. The company priced its shares above a target range, having sold 15 million shares for $20 apiece following their marketing at $17 to $19, Bloomberg reported. Get the...
With Rent The Runway’s second tie-up to grow its reach, the fashion rental company is bringing drop boxes to four Los Angeles Nordstrom locations. The drop boxes will be at three Nordstrom locations, with one that will also be brought to the retailer’s full-line store at...
Online retailers are teaming up with brick-and-mortar merchants to make it easier for consumers to retrieve their eCommerce purchases — and potentially generate foot traffic for physical stores in the process. Amazon, in one case, is working with Rite Aid to let consumers pick up packages...
It often seems that technology makes retail innovation. It can be easy to forget that people are behind those innovations. That brings us to Jony Ive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
