News

Investments
Divvy Lands $30M To Disrupt The Homeownership Model
October 10, 2018

Homeownership startup Divvy announced that it has raised $30 million in equity and debt from Andreessen Horowitz, with participation from seed investors Caffeinated Capital, DFJ and PayPal Co-founder Max Levchin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Gap, Gusto And The Real Power Of Data In Retail
October 10, 2018

If data is the new oil, then it could be said that retailers are sitting on data gushers. After all, they have terabytes of data flowing across their various retail channels — and then use the insights that come from it to build better consumer experiences. Get the Full Story Complete...

B2B Payments
BlackRock Throws Support Behind Controversial Financial Watchdog
October 09, 2018

Amid calls to restructure or shutter the U.K.’s Financial Reporting Council, the world’s largest asset manager, BlackRock, is throwing its weight behind the watchdog. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Tax Reform A Bust For Small Business Hiring, ZipBooks Finds
October 09, 2018

It will take some time to understand the true impact of U.S. tax reform on the small business community, but so far, small business owners say the overhauls have made little impact on their hiring practices. Get the Full Story Complete the form to unlock...

B2B Payments
Billtrust Founder Joins Bento For Business Board
October 09, 2018

Small business financial services firm Bento for Business is welcoming the founder of Billtrust onto its board of directors. 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...

B2B Payments
RBS Chief: Lack Of Regulation Allowed Bank’s SMB Mistreatment
October 09, 2018

The Royal Bank of Scotland‘s (RBS’) chief executive is calling on U.K. regulators to introduce stricter small business (SMB) lending regulations, claiming that lax regulatory oversight is what allowed RBS to avoid punishment after a watchdog found the financial institution (FI) had unfairly treated small...

Alternative Finances
The Changing Face Of Short-Term Lending
October 09, 2018

About a year ago, the CFPB, which now goes by the BCFP, dropped the final version of its payday lending regulations. This followed a nearly five-year-long process that included debates, discussions and a few out-and-out screaming contests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Workers’ Union Creates Payroll Card In Response To Dues Regulations
October 09, 2018

A major workers’ union in the U.S. has developed its own payroll debit card with ADP in response to proposed regulations that would impact the ability for unions to have member dues deducted automatically from paychecks. Reports in Bloomberg on Tuesday (Oct. 9) said the...

Investments
Starbucks’ New Investor: Pershing Square
October 09, 2018

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 percent stake in Starbucks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...