News

Regulation
The PSD2-GDPR Balancing Act
February 07, 2019

September approaches, of course (as it always does) – but this time, with a red-letter day on the 13th as PSD2 takes effect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
Why Airlines Need To Get Their Wheels Up On Alt Payments
February 07, 2019

Time is up. 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. By completing this form, you agree to receive marketing communications...

CFPB
CFPB Payday Lending Rules 2.0 — What’s Next
February 07, 2019

The next chapter in the ongoing saga that is payday loan regulation officially began yesterday (Feb. 6), with the announcement that the Consumer Financial Protection Bureau (CFPB) will overhaul a series of 2017 payday loan regulations, set to go into effect in August 2019. The...

Retail
Jet.com To Offer Blue Apron Recipe Kits
February 06, 2019

Blue Apron has introduced a brand-new offering called Knick Knacks, which are specialty recipe ingredient kits that let people combine a chosen protein and produce. They also come with step-by-step recipes to prepare the meal, according to reports. John Adler, VP of culinary at Blue...

Retail
JCPenney Stores To Stop Selling Appliances
February 06, 2019

Legacy retailer JCPenney has announced that it won’t sell major appliances after Feb. 28, “in order to better meet customer expectations, improve financial performance and drive profitable growth,” the company said in a blog post. Get the Full Story Complete the form to unlock this...

Investments
Lime Raises $310M For Micromobility Expansion
February 06, 2019

Lime, an on-demand electric scooter and bicycle startup, said on Wednesday (Feb. 6) that it had raised $310 in a Series D round of financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
Alibaba eCommerce Rival Pinduoduo Secures $1B In Funding
February 06, 2019

Chinese upstart eCommerce site Pinduoduo (PDD) is raising more than $1 billion to help compete with Chinese giants like Alibaba and JD.com, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
CFPB To Overhaul Payday Lending Rule
February 06, 2019

As part of a move to revise a payday loan regulation from the Obama era, the Trump administration on Wednesday (Feb. 6) revealed a plan to remove a provision that would make it harder for companies to provide customers with high-cost loans, according to a...

Partnerships / Acquisitions
Carvana, BoA Team Up For Online Car Sales
February 06, 2019

In an effort to bring customers an easier and more streamlined online car buying experience, Carvana, an online-only used car dealer, has teamed up with Bank of America, according to a release from the companies. “We always want to give our customers an exceptional experience,...