News

International
Sony Launches Taxi-Hailing App In Japan
April 22, 2019

Sony has gotten into the taxi-hailing business, launching an app in Tokoyo last week. 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...

Alternative Finances
Prosper Fined $3M By SEC For Overstating Returns
April 21, 2019

The Securities and Exchange Commission announced late last week that Prosper, the online lender, has agreed to pay a $3 million fine for misleading retail and other investors via statements it made. Get the Full Story Complete the form to unlock this article and enjoy...

Ridesharing
Uber Lands $1B To Fund Advanced Technologies Unit
April 21, 2019

Uber announced late last week that it landed a $1 billion investment from Toyota, DENSO and the SoftBank Vision Fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Alternative Finances
Can A Poverty-Fighting Tool In Bhopal Work For Customers In Brooklyn?
April 20, 2019

Microlending is a relatively simple concept that can be complicated to evaluate. The theory behind it, pioneered by Nobel Prize-winning economist Muhammad Yunus, is pretty straightforward. By accessing small loans at moderate interest rates, impoverished borrowers can invest in building small businesses, getting an education or making...

Retail
Olsen twins, Elizabeth & James Rises At Kohl’s
April 19, 2019

The Olsen twins’ fashion empire has had a rather twisty and turny path through the world of retail apparel. Their first entry was an eponymously named line for Walmart that launched in the early 2000’s. Their second major effort, a couture line called The Row...

Retail
Why Tivoli Audio Is Trying To Make Brick-And-Mortar Retail Waves
April 19, 2019

To let shoppers experience their products in person, brands are opening brick-in-mortar stores in major shopping destinations, even as major retailers are closing stores across the country. Tivoli Audio, which is a 19-year-old global brand, opened a 500-square-foot store on Boston’s famed Newbury Street in...

Retail
Product Returns Get A New Look At Walgreens And Nordstrom
April 19, 2019

When it comes to retail and digital commerce, it’s not just about the purchase, and it probably hasn’t been for more than a few years at this point. It’s about the entire process – from inspiration and discovery to browsing and transactions and, in many cases,...

CFPB
Kraninger Outlines CFPB Roadmap, Success Factors
April 19, 2019

In a series of statements and interviews, Kathy Kraninger, the new director (as of December of 2018) of the Consumer Financial Protection Bureau, has laid out a number of strategic priorities and processes for the bureau. Get the Full Story Complete the form to unlock...

B2B Payments
Airbnb’s Business Travel Investment Leads B2B Funding For The Week
April 19, 2019

The big news in B2B FinTech investment this week came from Airbnb, which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The B2B FinTech space saw its fair share...