News

Retail
Retail Reset: Sharpening The Sharper Image Brand
July 02, 2018

Anyone who shopped at a mall in the 1980s or 1990s – particularly with their dad (or, really, anyone’s dad) likely enjoys a twinge of nostalgia anytime they hear the words “The Sharper Image.” Get the Full Story Complete the form to unlock this article and...

Investments
Finding The Investable Needles In The Startup Haystack
July 02, 2018

When it comes to financial services and financial technology startups, making the right investment decisions is not easy or obvious work. Thousands of firms are born each year – all promising the next greatest advancement in managing money – but only a fraction of a...

Merchant Innovation
The Sounds Of Summer Gone Subscription
June 30, 2018

Every summer needs at least one song. In 1960, it was the Brian Hyland classic “Itsy Bitsy Teenie Weenie Yellow Polka-Dot Bikini.” In 1965, it was “(I Can’t Get No) Satisfaction” by the Rolling Stones. The summer of 1976 gave America both its bicentennial celebration...

Banking
UK Cash Points Close Ahead Of ATM Interchange Fee Drop
June 29, 2018

Ahead of a planned reduction in interchange fees, which card issuers pay for cash withdrawals at ATMs in the U.K., data from LINK indicates that over 500 cash points have closed this year over a five-month period to May. During that time, the number of...

Banking
CFPB Reaches $335M Settlement With Citibank
June 29, 2018

After Citibank, N.A. allegedly violated the Truth in Lending Act by failing to reevaluate and reduce the annual percentage rates (APRs) of consumer credit card accounts, the Bureau of Consumer Financial Protection (CFPB) announced that it has reached a settlement with the bank. With the terms...

IPO
Airbnb Seeks To Be Ready For IPO In 2019
June 29, 2018

As Airbnb builds up a larger profile in the travel space, the home share marketplace is eyeing an initial public offering (IPO). The company wants to be ready to go public on June 30 of next year and aims to have an IPO before 2020,...

News
The Building Block(chain) Of Trust In The IoT’s Data Deluge
June 29, 2018

The data deluge is here, rendered across devices from smartphones to smart fridges to smart cars to fitness trackers. 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...

Retail
Bluefly’s Many Reinventions
June 29, 2018

Before Bluefly was what it is today, the retailer was the golf sportswear company Pivot Rules. Though it officially changed names — and functions — in 1998, 20 years later, the firm still knows the value of a strategic pivot in an eCommerce marketplace that...

Retail
Starbucks Announces Its CFO Is Retiring
June 29, 2018

Starbucks has revealed that Chief Financial Officer Scott Maw will retire at the end of November. According to Reuters, the surprise departure sent the coffee shop chain’s shares down 2.61 percent. Maw has been the company’s CFO for four years after being promoted to the...