News

Banking
ICBA Bancard To Offer Banks Access To NYCE Debit Network
January 11, 2018

ICBA Bancard, the payments services unit of the Independent Community Bankers of America, announced news on Wednesday (Jan. 10) that ICBA Bancard client banks can now access the NYCE Payment Network’s point-of-sale (POS) and ATM debit card services. Get the Full Story Complete the form...

Merchant Innovation
Kohl’s Plans For Excess Space: Lease To Grocery Stores
January 11, 2018

After shrinking the size of some of its stores, Kohl’s plans to lease out the newly vacant space in its “right-sized” locations, according to news from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fintech Investments
Petal Launches No-Fee Credit Card For Those With No Credit Score
January 11, 2018

In a new financing round led by Valar Ventures, Petal raised $13 million in its mission to make credit cards accessible to those without a good credit history, TechCrunch reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Loyalty & Rewards
Why Aren’t Rewards Redemptions Omnichannel?
January 11, 2018

If loyalty is the coveted grail of retailers when it comes to consumers — in other words, that sticky relationship that keeps ‘em buying — how to score points? Literally. As in points that are accrued and redeemed and which keep both merchants and consumers...

Retail
Why The Gap Needs Athleta To Stay Fit
January 10, 2018

When Gap bought Athleta in 2008 for $150 million, the move didn’t cause much of a stir — beyond being considered a hedge play by the retailer against the exploding popularity of Canadian athleisure brand lululemon, which debuted its initial public offering (IPO) in 2007. Get...

Retail
Universal Thread Is Latest In Target’s Private Label Strategy
January 10, 2018

Beginning in February, Target will have a new lifestyle clothing brand for women featuring lots of denim and even lower prices than its current women’s apparel lines. The private label line, Universal Thread, will include tops, dresses, accessories and shoes priced between $5 and $39.99,...

Retail
The QR Code’s Big Retail Comeback
January 10, 2018

Until recently, the QR code was one of the great contenders in the race to ignite mobile commerce. But according to new reserach from Juniper, the humble QR code may be facing a rich second life as a driver of mobile loyalty. Get the Full...

Retail
Under Armour Unveils New Connected Sneakers
January 10, 2018

One year after Under Armour launched three pairs of connected running shoes at the 2017 Consumer Electronics Show (CES), the sports apparel giant has unveiled two more — the Hovr Phantom and Hovr Sonic, TechCrunch reported. Get the Full Story Complete the form to unlock this article...

B2B Payments
Blockchain Accelerator Lands IBM, Comcast Support
January 10, 2018

A new blockchain accelerator, MState, has found some high-profile backing. 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 Today. By completing this...