News

Payment Methods
Lacoste US To Accept Alipay As Payment Method
January 12, 2018

Alipay, the digital payment arm of Alibaba, announced Thursday (Jan.11) it had entered into a partnership with French apparel brand Lacoste that will enable Alipay acceptance in select U.S. stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Faster Payments
Same Day ACH Drove $87.1B Across 75M Transactions In 2017
January 12, 2018

NACHA, the electronic payment association, announced news on Thursday (Jan. 11) that same-day ACH debit and credit transactions hit 15.2 million in December, marking a 51 percent month-over-month increase. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
Colorado Smokes Up $120M In Cannabis Sales In November
January 12, 2018

Consumer interest in cannabis continues to rise in Colorado, where marijuana shops saw an increase of nearly 10 percent in sales between 2016 and 2017, The Cannabist reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Diebold Launches Storevolution, Under New Global Retail Executive
January 12, 2018

Diebold Nixdorf will showcase its latest in retail technologies at the National Retail Federation’s show next week, a few days after announcing that Mark S. Brewer has joined the company as senior vice president and managing director of global retail. Get the Full Story Complete...

Payment Methods
Wells Fargo Customers Can Now Pay With Fitbit Pay
January 12, 2018

Wells Fargo announced Thursday (Jan. 11) that it has inked a partnership with wearables manufacturer Fitbit through which its customers can make purchases using Fitbit Pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Bitcoin
For Bitcoin, Bitten and Buffeted
January 12, 2018

There are rough days. 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. By completing this form, you agree to receive marketing...

Banking
U.K. Banks Clamping Down On Credit As Risk Rises
January 12, 2018

Banks in the United Kingdom are dialing back their credit underwriting and other extensions of unsecured debt as concerns are mounting that rising household debt could destabilize the financial system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Judge Tosses Request For Injunction Against Acting CFPB Head
January 12, 2018

The Trump Administration scored another victory when it comes to the Consumer Financial Protection Bureau (CFPB), with a federal judge dismissing a request for a preliminary injunction against acting director Mick Mulvaney. Get the Full Story Complete the form to unlock this article and enjoy...

Bitcoin
South Korea Backs Off Bitcoin Ban
January 12, 2018

The official word from South Korea’s Blue House (the local equivalent of the White House) is in: there will be no ban on bitcoin trading in the near future for South Korea. Get the Full Story Complete the form to unlock this article and enjoy...