News

Retail
Starbucks’ New CEO Kevin Johnson Talks Turnaround
April 03, 2017

Kevin Johnson officially starts today as Starbucks’ new CEO — just in time to try and turn the ship around as the coffee giant’s business is slow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
Consumer Groups, Legal Scholars, Lawmakers Show Support For CFPB
April 03, 2017

A group of consumer and civil rights groups, legal scholars and members of congress announced Friday they would be submitting amicus briefs to the U.S. Court of Appeals in support of the Consumer Financial Protection Bureau (CFPB) in the case of PHH Corp. v. CFPB....

Investments
Robinhood Close To Raising Cash That Gives It Valuation Of More Than $1B
April 03, 2017

Robinhood, the stock trading app, is close to closing a round of funding that could give it a valuation of more than $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Europe
As Trump Policies Depress Tourism, Hotels And Airlines Turn To Discounting
April 03, 2017

Donald Trump’s immigration policies may or may not be good for America. But, the world’s biggest travel companies claimed, they are definitely bad for tourism. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross Border Commerce
X-Border Cigar Marketplace Rises From Ashes Of A Hazy Search
April 03, 2017

From offering free shipping to fewer clicks, merchants from around the world are racing to woo global shoppers, now over 1 billion strong. So, who’s doing it best? For two years running, PYMNTS' X-Border Payments Optimization Index™ has tracked over 800 data points, ranking the...

B2B Payments
Millennial Biz Travelers Flock To Sharing Services
April 03, 2017

In what will probably come as a surprise to few, millennial business travelers are adopting sharing services more than their counterparts in other age groups, according to a new report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Approaching SME Finance Like Personal Finance
April 03, 2017

With greater confidence in the U.S. economy and small business confidence in the current presidential administration, alternative lending is yet again at a crossroads. The latest Biz2Credit Small Biz Lending Index revealed, for the seventh month in a row, that large U.S. banks increased their...

Payment Methods
Inside SelfScore’s No-File Credit Model
April 03, 2017

Here’s a bold move: giving international students in the U.S. a credit card in the absence of a credit file or Social Security number. That’s what SelfScore has enabled — twice now — with Mastercard. SelfScore CEO Kalpesh Kapadia told Karen Webster how it can...

Merchant Innovation
How Life Insurance Gets Reinvented
April 03, 2017

The consumer experience in the digital world is becoming increasingly disintermediated. For consumers, that is largely a win — pricing becomes more transparent, comparisons are easier to make and there are an abundance of choices when it comes to getting access to a wide variety of...