News

B2B Payments
Starling To Open Business Account Services Beyond Sole Traders
October 10, 2018

U.K. challenger bank Starling Bank emerged on the market with a focus on consumers and sole traders, but the company is now planning an expansion of those services, reports in Specialist Banking said Wednesday (October 10). Get the Full Story Complete the form to unlock...

Global Payments
Western Union Unveils UK High-Value Transfers; Gap Taps Adyen For European Payments
October 10, 2018

Welcome to The Axis, your look at payments news from around the world. Coverage includes The Western Union Company’s roll out of high-value digital transfers from the U.K. In addition, Gap Inc. has tapped Adyen for online and in-store payments in Europe, and the Bangalore...

Retail
Furnishing The Mobile Lifestyle, Sharing Economy-Style
October 10, 2018

Michael Barlow has called several places home: He has moved five times in seven years and lived with different roommates. But through his experiences, he didn’t have the furnishings that he wanted. “I never actually bought nice furniture,” Barlow, CEO and co-founder of Fernish, told...

Retail
How Something Navy Became Nordstrom’s First Influencer-Created Private-Label Brand
October 10, 2018

Like most innovators, Arielle Charnas was looking to solve a problem when she launched her fashion blog – it just wasn’t a fashion problem. It was a boy problem: Namely, she was trying to impress an older guy she was seeing who had said the...

Retail
Target Trains Its Bullseye On Millennials With ‘Smartly’ Brand
October 10, 2018

Target is rolling out a new discount brand, dubbed Smartly, intended to appeal to millennials. The line will include the kinds of household essentials that they might need in their apartments or starter homes, like dish soap and toilet paper. Smartly, which will encompass 70...

Retail
Sears Reportedly Working On Bankruptcy Filing
October 10, 2018

Facing a large debt payment, Sears Holdings is reportedly working with boutique consulting firm M-III Partners to prepare a bankruptcy filing. Sources familiar with the matter told The Wall Street Journal that M-III Partners staff have been at the company’s headquarters. Get the Full Story Complete the form...

Retail
BuzzFeed To Launch Unique Toy Store In NYC This Fall
October 10, 2018

BuzzFeed is planning to open a toy store in New York City later this fall. 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,...

Retail
Walmart Canada Eyes Cannabis Industry
October 10, 2018

Walmart’s Canadian unit might start selling cannabis-based products in the future, although there are no immediate plans in the works. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Workers’ Union Turns To Payroll Cards Amid Fee Regulation Pressure
October 10, 2018

The U.S. Supreme Court ruled earlier this year to prohibit unions from collecting fees from non-member public workers, but the government’s pressure on organized labor may not end there. Only weeks later, President Donald Trump’s administration issued a proposal that would restrict the ability for...