News

Banking
Google, Amazon Banking Could Spur Consumers To Switch Accounts
January 16, 2017

Could Google and Amazon capture the hearts and minds of banking customers, making inroads against traditional lenders? 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...

Retail
Bad Batteries Were Likely Behind Samsung’s Exploding Phone Problem
January 16, 2017

An internal probe has turned up the main reason Samsung’s Galaxy Note phones kept burst into flames. 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...

Partnerships / Acquisitions
No Groupon Deal Looms For Alibaba?
January 16, 2017

Amid the continued rumors that Groupon may be a takeout target for eCommerce giant Alibaba, one outlet said the deal will not materialize. StreetInsider.com said that, “per a source,” unnamed in the article, the current 5.7 percent stake that the firm has in Groupon, at nearly 33 million...

Wells Fargo Struggling In Aftermath Of Fraud Scandal
January 16, 2017

Amid bank earnings that launched last week, Wells Fargo’s fourth quarter report on Friday (Jan. 13) showed that the company is still grappling with the fraud scandal that has hit customer trust. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Mirror, Mirror On The Wall — Who Has The Best Retail Operating System Of Them...
January 16, 2017

As online shopping is growing more dominant by the day and brick-and-mortar commerce is increasingly beset on all sides by falling foot traffic, diminishing sales and waning consumer interest, creating the ideal customer experience has become retail’s favored buzzword. Get the Full Story Complete the...

B2B Payments
Deloitte Chooses NYC As Blockchain Hub
January 16, 2017

Deloitte has made clear its ambitions for blockchain, most recently by revealing it had invested in blockchain startup SETL, based in the U.K. And last October, the company announced the launch of Deloitte Catalyst, an incubator to support startups using disruptive tools like blockchain. Get...

B2B Payments
Amid Liquidity Issues, Regulation And Competition, AltFin Thriving, Says EY
January 16, 2017

The alternative lending space has journeyed through growth and struggled with challenges, especially in the last year. That goes for all segments of the space: SME, consumer, student, auto and mortgages. With all of the chatter surrounding the future of alternative business finance, analysts at...

B2B Payments
SMEs Worldwide Feel Seismic Market Changes
January 16, 2017

Small businesses are feeling the pressures of market changes — and not only in the U.S. Economic fluctuations, regulatory shifts and changes in bank loan behavior across the U.S., U.K., Australia and India offer the latest glimpse into how small and medium-sized businesses are doing. We’ve...

B2B Payments
BofA, Chase Beat Earnings Expectations
January 16, 2017

Bank of America and JPMorgan Chase both released earnings reports last week that surpassed analysts’ estimates, reports said Friday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...