News

Banking
Citigroup Places Limits On Clients’ Gun Sales
March 23, 2018

Citigroup is placing restrictions on its business customers, requiring them to sell guns to only those that pass a background check and are 21 or older. The bank is also requiring its retail business clients to stop selling bump stocks or high capacity magazines. Get...

Mobile Payments
Venmo Puts Pause On Instant Transfers
March 23, 2018

Venmo abruptly removed its instant money transfer feature on Wednesday, saying it needed to “make a few changes” to the service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Sam’s Club Offers Deals From Ticket Monster In Select States
March 23, 2018

Sam’s Club announced Thursday (March 22) that customers in Florida, Michigan and Texas can get exclusive deals and discounts via its new collaboration with Ticket Monster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
How Wells Fargo Works To Meet Customers’ Changing (Digital) Expectations
March 23, 2018

Seven out of every 10 Americans use banking apps at least once per week, but nearly as many say they are frustrated by banks’ digital offerings. Katherine McGee, head of digital product management at Wells Fargo, tells PYMNTS how using AI and machine learning is...

Retail
Toy Maker CEO Leads Pledge Of $200M To #SaveToysRUs
March 22, 2018

In an unusual bid to save some Toys R Us stores from closing, toy maker executive Isaac Larian — along with other investors — has started a crowdfunding campaign. The effort aims to save more than half of the retailer’s 735 stores that could close...

Retail
H&M Targets Chinese Shoppers With Alibaba’s Tmall Launch
March 22, 2018

In an effort to better compete in China, H&M has rolled out its core brand on Alibaba’s Tmall. The move marks the first time H&M has sold its main brand through a third-party retailer, trade publication Business of Fashion reported. Get the Full Story Complete...

Retail
HelloFresh Buys Boulder-Based Green Chef
March 22, 2018

HelloFresh has made a play for scale with a new acquisition — organic and vegan food delivery company Green Chef. As of yet, it’s not known how much the meal kit company paid for the Boulder-based startup. Get the Full Story Complete the form to unlock...

Retail
How Toys R Us’ Demise Could Benefit Amazon And Other Retailers
March 22, 2018

One retailer’s loss could be another retailer’s gain: Even though Toys R Us is facing bankruptcy, other retailers may benefit from the embattled toy retailer’s demise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
The Science Of Style: How Data Can Improve The Plus-Size Shopping Experience
March 22, 2018

Shopping for clothes is hard enough for women who fit industry ideals for shape and size. It’s even harder for women who fall outside those very narrow parameters — which, as it turns out, is almost all of them, since the average American woman is...