News

Warby of Hair Dye: Madison Reed Gets Gussied Up
December 16, 2016

Somewhere between the grey hairs and the usual upkeep, the $15 billion hair dying industry is getting a makeover. Madison Reed is one of the very few direct-to-consumer hair dying product companies that has done well, after noticing that the industry was ripe for disruption....

Bitcoin Tracker: Coinsource
December 16, 2016

The price of bitcoin has continued its December climb this week. Bitcoin is at its highest value since early Feb. 2014. After a drop into the mid-760s on Sunday (Dec. 11), bitcoin rose to a weekly peak of $788.49 on Tuesday afternoon. The remainder of...

Retail
Korean Beauty Startup Memebox Raises $60M
December 16, 2016

Korean online cosmetics and skincare startup Memebox recently announced it has raised an additional $60 million in funding only months after announcing a $66 million Series C. All told, Memebox has raised about $160 million in total funding from new and existing investors Goodwater Capital,...

Retail
Amazon Leads As Top Holiday Gift Destination
December 16, 2016

Amazon may be leaving other retailers in the dust this holiday shopping season, Forbes reports. 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...

Security & Fraud
Need Some Hacked Yahoo Data? Try The Dark Web.
December 16, 2016

Earlier this week, the world learned that Yahoo has been hacked — in a very, very big way.  At some point in 2013, cybercriminals made off with the records of more than 1 billion users, including names, birth dates, phone numbers, passwords that were encrypted in...

Digital Banking
UK Banks Shutter As Digital Banking Surges
December 16, 2016

Which?, the research firm, has found that U.K. bank HSBC has closed more than a quarter of its branches in its hometown during the course of the last two years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Closing The Books, With An Eye On Process And Automation
December 16, 2016

Getting the books closed on time is a must for businesses of all sizes, and yet, inefficiencies plague the process, according to the Institute of Management Accountants, whose research director, Kip Krumwiede, discussed a survey’s findings with PYMNTS.

Partnerships / Acquisitions
Wirecard, VocaLink Team Up On Mobile Banking App
December 16, 2016

VocaLink announced Thursday (Dec. 15) that Wirecard, the European payment and internet technology company, has joined the payment provider’s backing of the Pay by Bank mobile banking initiative. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Atom Tickets To Integrate Chase Pay As Preferred Payment Method
December 16, 2016

Atom Tickets, the mobile-first movie ticketing platform, announced Thursday (Dec. 15) it will integrate Chase Pay as a preferred method of payment in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...