News

Loyalty & Rewards
Samsung: Cash Back And Rewards Deliver Omnichannel Value To Consumers
May 15, 2018

The traditional piggy bank may have outlived its usefulness in economies that are less and less cash-based, but that doesn’t mean it’s time to retire the concept entirely. It’s just time to introduce consumers to its digital counterpart — a virtual piggy bank where, instead...

Artificial Intelligence
DeepMind, Deep Learning And The Dopamine Effect
May 15, 2018

For the inside scoop on why humans might learn relatively faster than algorithms, look to dopamine. 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...

Banking
Citizens Financial To Launch Online Consumer Bank
May 14, 2018

Citizens Financial Group announced on Monday (May 14) plans to launch Citizens Access, a nationwide direct-to-consumer online bank. In a press release, Citizens Financial said the digital platform will offer FDIC-insured deposits products aimed at serving people who want to save and want the flexibility of an online banking...

Fintech Investments
Morgan Stanley Goes After Brazilian FinTech Market
May 14, 2018

Taking a page from Goldman Sachs’ book, Morgan Stanley is beginning to lend to FinTech startups in Brazil as it seeks more of a return on its investments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
Will Consumers Buy Airline Tickets Via Bank Accounts?
May 14, 2018

A payments initiative, backed by Germany-based Deutsche Bank, could lead to another web-based payment option for airline passengers and diminished revenue for credit card providers. But full details of the project have yet to be released, and at least one analyst questions if it would...

News
Five At Five: Walmart’s Plans For Flipkart
May 14, 2018

Welcome to Five at Five, your late look at some of the freshest payments news of the day. Today’s stories include the latest on the Walmart–Flipkart deal, and the discovery of a new group of affluent consumers. Google Maps is getting more personal, and Nintendo...

Investments
Paytm To Invest To Expand Bank Transfers
May 14, 2018

Paytm, the Indian-based digital payments company, is gearing up to invest Rs 5,000 crore during the next three years as it aims to expand the services provided via its mobile platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
What Evine’s Surprisingly Dramatic Journey Means For The Future Of Home Shopping
May 14, 2018

If one were to play a word association game and throw the term “cable home shopping” into the mix, more likely than not the two most frequent responses would be “QVC” or “HSN,” the two leading players in the space. Classifying them as two separate...

Retail
Nintendo Brings Back Popular Gaming System
May 14, 2018

Bringing a popular classic gaming system back to market, Nintendo said that its NES Classic will be available for sale again this summer. The company said that consumers will be able to purchase the console in late June, TechCrunch reported. Get the Full Story Complete...