News

Alternative Finances
Lending Club Surprises With Profits On Higher Loan Volume
May 09, 2018

Exactly two weeks ago today (April 25), LendingClub‘s stock hit an all-time low with the announcement of an FTC-backed lawsuit alleging that it loading up its borrowers with hidden fees on loans proffered through its marketplace – and, in some cases, that it attempted to...

Security & Fraud
Those Without Data History May Be Doomed To Repeat It
May 09, 2018

Facebook’s data fiasco, Wells Fargo’s fake account scandal, the Equifax breach and the onset of the European Union’s General Data Protection Regulation (GDPR): With topics like these dominating headlines, it’s no wonder everyone is thinking about digital identity. Get the Full Story Complete the form...

Delivery
Walmart Ends Grocery Delivery Partnerships With Uber, Lyft
May 08, 2018

Walmart has reportedly ended its online grocery delivery partnerships with Uber and Lyft, which could hurt its efforts to take on Amazon in the grocery delivery market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Alternative Finances
What To Watch For When LendingClub Releases Earnings
May 08, 2018

After a strong debut on the public markets at $14 per share in its Initial Public Offering (IPO), LendingClub has taken investors on something of a wild ride though the ups and downs of marketplace lending. Today, as the market waits for its Q1 earnings report,...

Regulation
Regulators Aren’t Ready To Enforce GDPR Law
May 08, 2018

With Europe’s General Data Protection Regulation (GDPR) law coming into effect in May, regulators who are tasked with enforcing the law have signaled they are not ready yet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Delivery
Groupon And Grubhub Kick Off Partnership In Chicago
May 08, 2018

Hungry consumers in Chicago now can take part in the latest expansion of online food delivery programs. Groupon announced news on Tuesday (May 8) that its new “delivery partnership” with Grubhub has gone live in the Midwestern city. Get the Full Story Complete the form to...

Merchant Innovation
Instagram Bows New Business Tools Focused On Messaging, Booking, Payments
May 08, 2018

In an effort to boost its presence in the business realm, Instagram unveiled new features on the social networking platform that will help users contact companies and enlist them for goods and services. Get the Full Story Complete the form to unlock this article and...

Merchant Innovation
Discover Forgives Fees — Well, Some — For Checking, Savings And Money Market Customers
May 08, 2018

Discover is in a forgiving mood. The payments company on Tuesday (May 8) launched a fee forgiveness program that applies to Discover’s cashback checking, savings and money market accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Alibaba Buys Daraz
May 08, 2018

Chinese eCommerce giant Alibaba has acquired Daraz, Pakistan’s most popular online shopping destination, thus expanding its empire into South Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....