News

Regulation
Supreme Court Reverses State Ban On Sports Betting
May 14, 2018

The Supreme Court of the United States (SCOTUS) has struck down a 1992 law passed by Congress that made it illegal for most states to legalize sports betting within their borders. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
Five At Five: Walmart’s Plans For Flipkart
May 14, 2018

Welcome to Five at Five, your late look at some of the freshest payments news of the day. Today’s stories include the latest on the Walmart–Flipkart deal, and the discovery of a new group of affluent consumers. Google Maps is getting more personal, and Nintendo...

Investments
Paytm To Invest To Expand Bank Transfers
May 14, 2018

Paytm, the Indian-based digital payments company, is gearing up to invest Rs 5,000 crore during the next three years as it aims to expand the services provided via its mobile platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
What Evine’s Surprisingly Dramatic Journey Means For The Future Of Home Shopping
May 14, 2018

If one were to play a word association game and throw the term “cable home shopping” into the mix, more likely than not the two most frequent responses would be “QVC” or “HSN,” the two leading players in the space. Classifying them as two separate...

Retail
Nintendo Brings Back Popular Gaming System
May 14, 2018

Bringing a popular classic gaming system back to market, Nintendo said that its NES Classic will be available for sale again this summer. The company said that consumers will be able to purchase the console in late June, TechCrunch reported. Get the Full Story Complete...

Delivery
Target Pilots New Distribution Strategy
May 14, 2018

In an effort to restock stores faster, Target is experimenting with a new strategy to distribute products to its stores. The goal is to speed up its replenishment cycle to a matter of hours, rather than days, while reducing inventory at its brick-and-mortar stores, The Wall...

Regulation
May’s Days See CDD And GDPR Take Effect
May 14, 2018

May 11 marked a watershed moment of sorts when, this past Friday, the final customer due diligence rule via the Financial Crimes Enforcement Network (FinCEN) took effect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
LendingTree Looks To Boost Borrowers’ Credit Score With Acquisition
May 14, 2018

Alternative lender LendingTree is expanding with the acquisition of Ovation Credit Services, the company said Friday (May 11). 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...

B2B Payments
Risk’s All Around When Banks Service Cannabis
May 14, 2018

The conundrum of cannabis banking in the U.S. is both a headache for legal marijuana businesses and an intriguing case study for the financial services industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...