News

International
China Bank Loans Decline In July Amid Trade Tensions
August 12, 2019

Decreasing demands for loans has caused a July lending slowdown for Chinese financial institutions, The Wall Street Journal reported on Monday (Aug. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
EU Could Hand Down Facebook Privacy Decisions By Year End
August 12, 2019

The European Union’s Facebook investigations under the bloc’s new privacy laws could wrap up by the end of this year, The Wall Street Journal reported on Monday (Aug. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Facebook Contributes To $125M Funding For India Marketplace Meesho
August 12, 2019

Bangalore-based social commerce startup Meesho has raised $125 million to expand its eCommerce business in India, TechCrunch reported on Monday (Aug. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Nike Jumps Into The Subscription Game
August 12, 2019

Shoe shopping can be the bane of any parent’s existence, because children’s feet grown unspeakably quickly. Nike has decided to help solve that problem for parents, and perhaps invest in creating customers for life, with the launch of a new subscription program geared specifically toward...

Retail
Redesigning Doggie Daycare With Customization
August 12, 2019

Finding a good dog sitter in a crowded urban metro area can be challenging — particularly if one is looking for an offering with flexibility. Such was the difficulty the founding team at Dogdrop, Shaina Denny and Greer Will, encountered as self-described “Los Angeleno dog...

Retail
SoftBank Reportedly Tapping Into Online Used Car Trend
August 12, 2019

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. The latest evidence of that comes via Japan-based SoftBank. Get the Full Story Complete the form to unlock this...

Retail
When Homeshares Become Shoppable Experiences
August 12, 2019

For some entrepreneurs, their own trips have inspired them to start companies catering to travelers’ unique needs. The Sursy Founder and CEO Lauren Richardson, for instance, traveled quite a bit for work. At one point, she was staying at a hotel in Chicago, where she...

Retail
UK’s Deliveroo Will End Operations In Germany
August 12, 2019

Deliveroo, the British food delivery service, said it will end its operations in Germany and shift its focus to other markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
How SCA Exemptions Are Affecting European eTailers
August 12, 2019

SCA requirements take effect on Sept. 14, meaning banks, issuers and merchants have just over a month to become compliant. Noncompliance could have a serious impact on merchants’ conversion rates, as transactions that cannot be properly authenticated could stall or get declined and frustrate both...