News

Retail
PYMNTS’ Daily Data Dive: Coca-Cola Ends Loyalty Rewards Program
February 17, 2017

After 11 years of faithful Coca-Cola fans collecting bottle caps to redeem them for points, the soft drink company’s rewards program is coming to a close. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Bitcoin
Bitcoin Tracker: Denouement?
February 17, 2017

Bitcoin prices rose relatively steadily this past week, overcoming investor skittishness seen the week prior when Chinese regulators doubled down on bitcoin exchange investigations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
BooHoo Acquires Nasty Gal For $20 Million
February 17, 2017

After Nasty Gal filed for bankruptcy back in November, the rumor mill began to run at full speed. This week it was announced that the ink on the paper is set to dry on this acquisition deal by the end of the month. Under the BooHoo...

Retail
Recycle, Repurpose Apparel Market Reaches $2B
February 17, 2017

Buying secondhand apparel isn’t a new idea. For years, there have been consignment stores, like Goodwill and the Salvation Army, where people drop off old clothes for others to buy at a cheaper price down the road. Get the Full Story Complete the form to...

Regulation
U.S. Big Banks Are Looking To See Money Laundering Regulations Loosened
February 17, 2017

According to reporting in Reuters, the biggest banks in the U.S. will soon be floating a complete overhaul of the rules governing how financial institutions investigate and report potential criminal activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Partnerships / Acquisitions
Verizon Buys Drone Operator
February 17, 2017

Aiming to diversify beyond smartphones and data plans, Verizon Communications announced Thursday (Feb. 16) it has inked a deal to acquire private drone management software firm Skyward for an undisclosed amount. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
CFPB Seeks Input On How To Support The Unbanked
February 17, 2017

For people who are credit invisible or lack enough credit history to receive a credit score, the possibility of obtaining a mortgage, credit card or other type of loan can be nearly impossible. In order to achieve those types of goals, they often have to...

CFPB
Appeals Court Agrees To Hear CFPB/PHH Case
February 17, 2017

The Consumer Financial Protection Bureau scored a victory when a federal appeals court on Thursday (Feb. 16) agreed to throw out a ruling that found the government watchdog is unconstitutional. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Real Estate Startup Raises $1.2M To Expand
February 17, 2017

Buying and selling homes is never an easy process. Buyers are trying to get the best bang for their buck, and sellers are trying to get as much money as possible for their property. Get the Full Story Complete the form to unlock this article...