News

Banking
Chase Sapphire Brand Expanding Into Checking Accounts
August 22, 2018

JPMorgan Chase & Co. is expanding the Sapphire credit card brand into new areas of personal finance, including checking accounts. According to a report citing the company, the bank will change the Chase Premier Platinum accounts to Sapphire Banking accounts. Chase Premier Platinum accounts have a...

Retail
Walmart-Owned Flipkart Raises The Stakes For Refurbished Goods
August 22, 2018

India-based and Walmart-owned Flipkart has launched an eCommerce platform called 2GUD that focuses on the sale of refurbished electronics. The site is the latest entry in what some people call “recommerce,” an area of online retail that is showing signs of gaining fresh steam. Get...

Retail
Target Shares Surge On Big Earnings Beat
August 22, 2018

The team at Target is having a very good morning, after the retailer logged massive growth in store-based foot traffic, as well as a solid beat on earnings, revenue and same-store sales. Also, eCommerce was a big factor in Target’s Q2 earnings success, with growth clocking...

Retail
Target Launches Curbside Pickup In Two New Markets
August 22, 2018

Target is expanding its curbside pickup to two new markets: California and Colorado. 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....

Retail
L’Occitane Embraces The High-Tech Experience
August 22, 2018

When one thinks of French beauty brand L’Occitane en Province, high-tech is probably not the first adjective that springs to mind. Known for its shea and almond bath products, lavender scents and its tastefully muted color scheme, L’Occitane is very much about what its tag line says...

B2B Payments
Most Firms Make Inaccurate Commission Payments, Xactly Finds
August 22, 2018

Employers with sales teams receiving incentive compensation and commission payout are overcomplicating their programs, according to industry player Xactly. 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...

B2B Payments
Hackett Research Links Procurement Digitization To Employee Retention
August 22, 2018

Companies in the midst of digitizing their procurement processes have another incentive to push forward. According to a new report from The Hackett Group, procurement digitization can support employee retention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Banks, FinTech Firms Ready To Compete For RBS Funds
August 22, 2018

Royal Bank of Scotland (RBS), which has been ordered to dole out more than $1 billion to industry competitors, is ready to receive applications for the funds, according to reports in the Evening Express on Tuesday (Aug. 21). Get the Full Story Complete the form to...

B2B Payments
Capital Float M&A Signals Step Beyond SMB Finance
August 22, 2018

Alternative small business lending firm Capital Float appears to be deepening its footprint in the personal finance market through the acquisition of Walnut. Reports in The Times of India said the AltFin player reached a deal to acquire the personal finance management app for $30 million...