News

Payment Methods
Amex Rolls Out New Cash Back, No Annual Fee Cash Magnet Card
June 14, 2018

American Express, the payments company, announced Thursday (June 14) the latest addition to its cash back portfolio the no annual fee American Express Cash Magnet™ Card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
SEC: Some Crypto Coins Are Securities (Not Bitcoin)
June 14, 2018

The Securities and Exchange Commission’s (SEC) leading authority on bitcoin, cryptocurrency and initial coin offerings (ICOs) has ruled that some well-known cryptocurrencies like bitcoin and Ethereum are not securities. However, the coins offered during initial coin offerings very likely are entirely — or mostly —...

Retail
Chef’d Meal Kits Coming To New York Area Drugstores
June 14, 2018

Chef’d, the maker of meal kits that can be purchased in grocery stores, has inked a deal to sell the kits in Walgreens and Duane Reade stores in the New York area. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Retail Sales Shot Up In May
June 14, 2018

Consumer confidence seems to have returned in a big way in May as retail sales soared to their highest level since November 2017, according to news from The Wall Street Journal. All in, sales were up .8 percent from a month earlier to $502 billion,...

Retail
Mobile Game Shows Offer Brands Prized Millennial Viewers
June 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. And though this market presents brands with a large...

Retail
Lyft And Walgreens Added To Chase Freedom Card
June 14, 2018

This summer, Chase will be letting Chase Freedom cardholders earn cash back in three new quarterly categories: gas stations, Lyft, and Walgreens. Card members will be able to earn 5 percent cash back on up to $1,500 in purchases across all categories between July 1...

Retail
Beauty Secrets For Brick-And-Mortar Success
June 14, 2018

As the retail space categorically struggles to figure out what to do about the brick-and-mortar problem, one vertical isn’t experiencing a problem at all. Physical retail has proven an effective tool for health and beauty brands in recent years, even as other verticals struggle to...

Retail
Believing In Macy’s Is Paying Off For Investors
June 14, 2018

Amazon has had a very good year on the market, its stock price up 46 percent year on year, something that doubtlessly pleases those who have invested. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

South Asia
Truecaller Thinks It Can Beat Paytm In India
June 14, 2018

While Sweden’s Truecaller is not new to the Indian payments ecosystem, it entered the India mobile market over a year ago during the launch of the nation’s Unified Payments Interface (UPI). With the announcement of its wholesale acquisition of Indian payments startup Chillr, it is leveling up...