News

News
Five At Five: U.S. Banks Notch Big Victory
January 10, 2019

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes news about recent bank failures and an accusation against LuLaRoe. Sears is still in the bid game, a mobile banking operator thinks big and holiday sales in...

Loyalty & Rewards
Visa And United Airlines App Gets An Upgrade
January 10, 2019

The Visa and United Airlines app, United MileagePlus X, is getting an upgrade, allowing members of the program the opportunity to earn awards miles on their everyday purchases, Visa announced on Thursday (Jan. 10). Get the Full Story Complete the form to unlock this article...

Security & Fraud
Auditors Say EU Failed To Stop Misuse Of Funds
January 10, 2019

Auditors of the European Union said Thursday (Jan. 10) that the EU is failing to stop the misuse of funds to the tune of hundreds of millions of euros annually, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Amid YTD Rally, Retail Stocks Miss Out
January 10, 2019

Stocks are up modestly to start the year, but based on Thursday’s trading action, the retail sector is escaping investors’ favor (to put it mildly), as company after company is bringing dismal news to light. Get the Full Story Complete the form to unlock this...

Regulation
India’s Central Bank To Make Decision On Easing Lending Curbs
January 10, 2019

The Reserve Bank of India (RBI) is in the process of reviewing the December quarterly results of state-owned banks to determine if lending restrictions will be eased, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
US Startups Raised A Record $130B In 2018
January 10, 2019

U.S. startups had a great 2018 in terms of funding, with new data showing that venture capitalists deployed $130.9 billion, marking a new all-time high. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Macy’s Misses On Holiday Sales
January 10, 2019

The holiday season was a bit less merry, from a comparable sales perspective, than Macy’s had been forecasting, as the department store retailer cut its holiday sales forecast. That change, combined with more sluggish than expected year-end growth from Kohl’s, was sufficient to spook retail...

Retail
L’Oreal And Driving Beauty’s Digital Makeover With Wearables
January 10, 2019

At first blush, pardon the pun, the world of beauty and cosmetics may not seem like the sort of retail space that has been waiting around for a digital makeover. While all kinds of adjectives have been applied to makeup, high-tech is generally not what...

Retail
Quevos On Finding A Niche Market In Better-For-You-Snacks
January 10, 2019

Consumer packaged goods (CPG) brands are putting a new spin on old snacking favorites designed to appeal to health-minded consumers — and those with special dietary needs. Among emerging brands following this trend is Quevos, a startup that is making chips with egg whites. Quevos...