News

Amazon Fined $1.1M For List Price Issue
January 13, 2017

Amazon is now on the hook to pay a $1.1 million fine to Canada’s Competition Bureau. The fine is part of a punishment slapped against the retail giant for misleading consumers with erroneous prices on its Canadian website, www.amazon.ca. Get the Full Story Complete the...

Retail
Snapchat Tests Social Commerce Waters
January 13, 2017

Snap Inc. is currently testing two new advertising tactics — deep linking and auto-fill — to boost its social commerce capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Fitbit Looked To Buy Jawbone In 2016
January 13, 2017

In the battle over wearables, is it a case of buy or be bought? 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
No More Annual Sales Data From Xiaomi?
January 13, 2017

Smartphone maker Xiaomi has decided to stop disclosing just how many devices it sold on an annual basis, TechCrunch reports, amid the contention by the chief executive officer that the firm has been in what be seen as a transition phase after growing quickly —...

Investments
Northwestern Mutual Life Insurance Launches VC Fund To Invest In FinTechs
January 13, 2017

In an effort to expand its digital offerings, Northwestern Mutual Life Insurance has reportedly created a $50 million corporate venture capital fund designed to back startups in the FinTech market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Loyalty & Rewards
Curve Launches Curve Rewards Loyalty Program
January 13, 2017

Curve announced on Thursday (Jan. 12) that it launched Curve Rewards, a loyalty program, and that it has partnered with more than 50 U.K. retailers, including Marks & Spencer, House of Fraser, Boots, Waterstones and more. Get the Full Story Complete the form to unlock this...

Alternative Finances
Funding Circle Raises $100M In VC Despite Brexit
January 13, 2017

The biggest online lender for small businesses in the U.K., Funding Circle, announced that it secured $100 million in equity funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
Karhoo Gets A New Life With A New Financial Backer
January 13, 2017

Karhoo, an on-demand app that provided users with an aggregation of ride options from fleets of car services that failed to take off, is reportedly getting a new life under new backers. Get the Full Story Complete the form to unlock this article and enjoy...

Mobile Payments
Airtel’s Mobile Payment Bank Now Available Nationwide In India
January 13, 2017

Airtel, the largest telecom provider in India, announced Thursday (Jan. 12) the national launch of a mobile payments bank, which, according to a report, is India’s first one. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...