News

Alternative Finances
SoFi’s New Direction
May 16, 2018

It’s been a full year for SoFi, as the personal finance company attempts to get back on track after a 2017 that was, at best, tumultuous. In his first letter to investors, SoFi’s new CEO, Anthony Noto, did not directly reference the founding CEO, Mike Cagney,...

Payment Methods
LightInTheBox Launches Cash On Delivery In India
May 16, 2018

LightInTheBox, the global online retail company, announced Wednesday (May 16) that it has launched cash on delivery in India. 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...

International
Mobile Gaming Is A Boon For Tencent Revenues
May 16, 2018

Mobile gaming saved Asia’s highest-valued tech company, Tencent, from what analysts were predicting could have been a poor quarter. The company’s mobile games business is growing fast, according to TechCrunch reports, surpassing its former cash cow, PC gaming, last year. Get the Full Story Complete the...

Retail
Target Lowers Fees For Next-Day Delivery Amid Expansion
May 16, 2018

In an update to its next-day delivery offering, Target is lowering the price of its Target Restock program from $4.99 to $2.99 per order and making the service free for Target REDcard purchases. The changes comes as the service has been expanding to reach more...

Retail
Choosy Turns To Social Media For Fast Fashion Inspiration
May 16, 2018

Perusing through social media platforms like Instagram, Jessie Zeng came to a realization: Followers wanted to know where they could buy the clothing worn by their favorite celebrities or influencers, but their requests often went unanswered. As a result, she saw an opportunity for a business,...

Retail
Priority Pass And The Challenge Of Making Exclusivity Accessible
May 16, 2018

Like many innovations, travel firm Priority Pass grew from a problem its founder had for himself. 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,...

Retail
How AR Could Drive Confidence And Conversions With The Perfect Fit
May 16, 2018

What do cheerleading and augmented reality (AR) have to do with each other? At first blush, it might appear not much. Like so many industries today, however, cheerleading is finding ways to go high-tech. In particular, the manufacturing and sale of cheerleading uniforms represents a...

Retail
IKEA Rolls Out Rewards Credit Card
May 16, 2018

Following moves by Amazon and Uber, IKEA is rolling out its own branded credit card. The new Visa card will offer 5 percent in rewards for IKEA purchases, including in-home assembly services and kitchen installation, MarketWatch reported. Get the Full Story Complete the form to...

Retail
Home Depot Sees Strong Delivery Growth In Q1
May 16, 2018

As Home Depot ramps up its delivery efforts and focuses on its Pro customers, the home improvement retailer beat bottom-line, first-quarter earnings estimates, but fell short on its top-line revenues. The company reported earnings per share of $2.08 and revenues of $25 billion compared to $2.06...