News

Banking
Jamie Dimon Says It’s The ‘Golden Age’ Of US Banking
June 04, 2018

Pointing to “disappearing” regulatory issues and satisfaction scores up across the banking industry, JPMorgan Chase chairman and CEO Jamie Dimon said at a conference that the U.S. is in a “golden age of banking,” American Banker reported. Get the Full Story Complete the form to...

Banking
TransferWise Teams Up With Groupe BPCE To Offer In-App Transfers
June 04, 2018

With a partnership between TransferWise and Groupe BPCE, customers of the European banking group will be able to use TransferWise’s international money transfer service directly through the company’s app. In addition, TransferWise will have access to the banking group’s 15 million retail clients, Reuters reported. Get...

Regulation
 FinTech Reg Sandbox Takes Shape Via CFPB
June 04, 2018

The sandbox is getting a bit bigger — the regulatory kind, that is. 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....

Retail
IKEA Cancels Planned Stores Amid Focus On eCommerce
June 04, 2018

Following years of U.S. growth, IKEA is reining in its brick-and-mortar expansion efforts: The furniture retailer cancelled planned stores in North Carolina, Tennessee and Arizona. Instead, IKEA is focusing its efforts on eCommerce sales, USA Today reported. Get the Full Story Complete the form to unlock...

Biometrics
Biometrics Could Be The Future Of mPOS
June 04, 2018

Tap to pay. Dip to pay. Smile to pay. Forget reinventing the payments wheel — it seems many innovators are looking to replace it. As bigger names jump on board with their own biometrics-powered payment methods, the novelty factor seems poised to erode into, simply, the...

Retail
For Days Turns Sustainability Into Customer Loyalty
June 04, 2018

There are, perhaps, few moments sadder in the life of a wardrobe than when a beloved t-shirt is laid to rest. Maybe the collar is a memory or it is more hole than t-shirt. Whatever the reason, saying goodbye to a t-shirt can be hard....

Retail
HelloFresh Comes To The Grocery Aisle
June 04, 2018

As meal kits from companies, such as Blue Apron and Plated, begin to appear on supermarket shelves, HelloFresh will soon sell its meal kits in Stop & Shop and Giant Food. The company’s kits will come to just under 600 stores — primarily in the Northeast,...

Retail
Advent Buys 80 Percent Stake In Walmart Brazil
June 04, 2018

As Walmart refocuses its worldwide operations, Advent International plans to take a 80 percent stake in the retailer’s business in Brazil. With such a deal, Walmart would keep a 20 percent stake in the company, and the retailer would utilize Advent’s regional expertise, CNBC reported. Get...

Retail
Redeveloping Malls With Apartments, Hotel And Restaurants
June 04, 2018

As anchor stores scale back their brick-and-mortar presence in malls, is their departure necessarily a big loss for shopping centers? Class A malls might, in fact, benefit by finding new uses for the space these stores leave behind. Get the Full Story Complete the form...