News

Investments
Groupon Co-founder Snags $200M For Genomic Testing Company
June 03, 2019

Groupon Co-founder Eric Lefkofsky’s new company has raised another $200 million in funding. 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....

Payment Methods
Western Union’s Playbook For Balancing Cash And Digital Payments
June 03, 2019

Despite the dreams and expectations among all kinds of people during the rise of eCommerce and digital payments, cash isn’t really going away. Sure, one may find numerous instances and specific markets in which cash use has given way to payment cards or mobile wallets,...

eCommerce
GoDaddy On Going Big And Connecting SMBs With Marketplaces
June 03, 2019

Sell on a marketplace or sell in one’s own digital shop? It is a discussion — and, more recently, a robust debate — with those on each side, convinced that their models are the right ones for a digital world. Get the Full Story Complete...

Investments
Investors Balk At SoftBank’s New $100B Tech Fund
June 02, 2019

SoftBank’s attempt to raise money for a second large investment fund is running into trouble, with some of the biggest money managers in the world showing little interest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Outside The Box (And Inside The Storage Container) Solutions To Sky-High Rent
June 01, 2019

More American adults own their homes than rent them – fewer than two-thirds own, while a little over one-third rent. Those numbers have been relatively consistent for the last 40 or so years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Retail Clothing Sales Down 24 Percent, Worst Since ‘08
May 31, 2019

Clothing retailers like the Gap, Canada Goose and Abercrombie & Fitch are all experiencing troubling sales reports, the likes of which haven’t been seen since the Great Recession a decade ago, according to a report by CNBC. Get the Full Story Complete the form to...

Security & Fraud
Data Leak Discovered In Marriott’s Management Company
May 31, 2019

A cybersecurity research team at vpnMentor has discovered that The Pyramid Hotel Group, which manages Marriott and other hotel brands, underwent a data leak exposing vulnerabilities that could potentially be used by criminals, the company said in a report. Get the Full Story Complete the...

Payment Methods
Synchrony Financial CEO Takes ‘Wait-and-See’ Approach With Apple Card
May 31, 2019

Margaret Keane, the CEO of Synchrony Financial, the biggest provider of store credit cards, said the card industry will be keeping a close watch on how Goldman Sachs handles its partnership with Apple in regards to the newly announced Apple Card. Get the Full Story...

Digital Banking
Yields Yielding (Poached) Customers For Online Banks?
May 31, 2019

When money leaves accounts, it’s gotta go somewhere – if not for a transaction, then to another account. 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...