News

B2B Payments
Wells, JPMorgan, Citi (Mostly) Impress In Q1 — But Corporate Activity Falls Flat
April 16, 2018

Top banking rivals JPMorgan Chase, Wells Fargo and Citigroup all posted their earnings on Friday (April 13), and overall, the institutions beat (most) analysts’ estimates. Investors weren’t necessarily convinced by the strong numbers, however, with shares wavering for financial institutions (FIs) after earnings were posted....

B2B Payments
HP Enters Cannabis Enterprise Software Market With Flowhub
April 16, 2018

HP is reportedly stepping into the cannabis industry with a new partnership to provide businesses with financial management software, according to The Washington Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
YES BANK Taps Tax Return Data For SMB Loan Underwriting
April 16, 2018

India’s YES BANK is tapping into tax data to expand small business (SMB) lending. 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...

Retail
Target To Pilot Reordering Service Powered By Smart Household Devices
April 16, 2018

Target is gearing up to test a new service that relies on devices inside the home to monitor and order items such as toilet paper and paper towels when supplies get low. Get the Full Story Complete the form to unlock this article and enjoy...

Cross-border Payments
Telegram Gets Ban From Russia
April 16, 2018

A Russian court has made it easier for the government to block the Telegram messaging app after its creators refused to turn over access to its users’ encrypted messages. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
#SaveToysRUs Campaign Only Raises $59K
April 16, 2018

While a crowdfund to save Toys R Us isn’t performing well, one billionaire toy executive isn’t giving up on his dream of rescuing the retailer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Banks’ First Quarter Results Show Double-Digit Gains In Digital Banking Users
April 16, 2018

Amid earnings results Friday, JPMorgan Chase, Citigroup and Wells Fargo showed traction in mobile and online banking activity, with double-digit percentage growth seen in some cases, measured year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Fintech Investments
Goldman Sachs Buys Personal Finance App Clarity Money
April 16, 2018

Goldman Sachs Bank USA announced Sunday (April 15) that it has acquired Clarity Money, the personal finance app, for an undisclosed sum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Analysts Whack Starbucks Over Flatlined Consumer Loyalty
April 16, 2018

Concerns over customer loyalty — as well as increasing competition in the craft coffee market — have caused one Wall Street analyst to cut his price target on Starbucks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...