News

Retail
The Painful Decline Of Sears And Its Hedge Fund Owner Continues
March 31, 2017

Historic retail giant Sears has experienced a slow and steady decline in recent years. 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...

Retail
Splashlight Partners With Looklet On Fashion Photo Automation
March 31, 2017

For retailers, keeping pace with consumer demand on eCommerce and social media is no small task and often requires the aid of the latest technology and automation. This need extends beyond the marketing, logistics and customer support ends—creative departments and services also find they need...

Security & Fraud
Wells Fargo To Have Its Day In Court Concerning Defective Mortgages
March 31, 2017

A federal judge ruled that Wells Fargo will face litigation for breach of contract and conflict of interest claims related to risky residential mortgage-backed securities, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Facebook Launches Personal Fundraisers Beta To Enable Crowdfunding Donations
March 31, 2017

Facebook announced Thursday (March 30) the launch of a new feature dubbed Personal Fundraisers that lets Facebook set up personal crowdfunding campaigns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Snapchat To Lose $2B This Year?
March 31, 2017

Looks like losing billions of dollars is a snap. Literally. 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...

Payment Methods
US Economy Slowed At Lower Pace In Q4 Than Previously Thought
March 31, 2017

Thanks to strong spending on the part of consumers, the U.S. economy slowed at lower pace than previously thought during the last quarter of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payments Innovation
CaixaBank, Global Partners To Open Payment Innovation Hub In Spain
March 31, 2017

CaixaBank, Global Payments, Visa, Samsung and BNP Paribas’ subsidiary Arval have joined forces to set up Spain’s “first” payment innovation hub, according to Banking Technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Bank Of America Investing $1.5M In Fintech Hub Efforts In Charlotte, NC
March 31, 2017

Bank of America is gearing up to invest $1.5 million in a Charlotte, North Carolina, initiative to build a FinTech hub in the city. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

eCommerce
Coty Denies Its Policies Ban Online Sales During Court Hearings In Europe
March 31, 2017

German beauty products maker Coty denied that its distribution policies indicate an overall ban on online sales during a landmark case in Europe that could determine whether luxury goods companies can stop retailers from selling their products through online marketplaces. Get the Full Story Complete...