News

Retail
Adidas Is Using Retail Stores To Change The Way We Run
December 01, 2016

Adidas is going big with its New York opening. Just outside of Times Square, the massive brick-and-mortar commerce hub is about a little more than the sneakers the German company is best known for. Across its several stories, the store features a cold-press juice bar,...

PYMNTS Daily Data Dive: Student Loan Forgiveness
December 01, 2016

The U.S. federal government is on track to provide $108 billion or more in debt forgiveness for student loans during the next few years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Merchant Innovation
Mastercard and Verifone Partner On Point-Of-Sale Financing
December 01, 2016

It is about to get a little bit easier for consumers in the U.K. to spread the cost of big purchases out over several installments — so long as they paid with a Mastercard. Get the Full Story Complete the form to unlock this article and...

News
BoA CEO Says Payments Tech Payoff A Ways Away
December 01, 2016

For banks, the payoff for payments may be a long time coming. 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...

Security & Fraud
FTC Ends $7M Payday Loan Scam
December 01, 2016

The Federal Trade Commission shut down a data broker operation that allegedly cheated consumers out of $7.1 million. The scheme is accused of collecting sensitive data from people who thought they were applying for a payday loan and then selling the information to malicious companies...

Investments
PayCar Gets Investment From BNP Paribas
December 01, 2016

PayCar, a FinTech startup created to purchase used cars, has received a round of venture funding, which included BNP Paribas as a participant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
Societe Generale And American Express Ink Sub-Saharan Africa Deal
December 01, 2016

Societe Generale announced Wednesday (Nov. 30) that it has inked a merchant acquiring partnership with Amex that spans eight countries in sub-Saharan Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
TSYS Inks Debit Processing Services Deal With Virgin Money
December 01, 2016

TSYS announced Wednesday (Nov. 30) it has reached a long-term agreement to provide debit processing services for Virgin Money customers within the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
JetClosing Raises $2.3 Million In Venture Funding
December 01, 2016

JetClosing, the real estate startup focused on making the closing process on a new home less complex, announced Wednesday (Nov. 30) it has closed on $2.3 million in venture capital seed financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...