News

Overstock Is Overvalued Stock?
November 15, 2016

Is Overstock an overvalued stock? 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 completing this form, you agree to receive...

Rite Aid Wants You To Pay With American Express Points
November 15, 2016

Got American Express loyalty points? Rite Aid will be encouraging you to pay with them. 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,...

Gildan To Acquire American Apparel Just As It Enters Second Bankruptcy
November 15, 2016

After filing for Chapter 11 bankruptcy twice in 13 months, American Apparel now may have a future with Gildan Activewear. That future, however, experts say, may still be uncertain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Are Retailers Prepared For The Holiday (Cyberattack) Season?
November 15, 2016

This year’s holiday shopping season is expected to reach as much as $655.8 billion, a 3.6 percent jump from last year according to the National Retail Federation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Stripe Monetizes Payments For Global Video Platform
November 15, 2016

Kaltura, a video platform for the OTT TV (Over the Top TV), OVP (Online Video Platform), EdVP (Education Video Platform) and EVP (Enterprise Video Platform) markets, announced an integration with payments technology company Stripe to increase revenues for OTT players. Get the Full Story Complete...

Regulation
SEC Thinks Online Lenders Should Provide More Information On Borrowers
November 15, 2016

Marketplace lenders may have to provide more information about borrowers if anything comes from comments from U.S. Securities and Exchange Commission Chair Mary Jo White. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Alternative Finances
Prosper CEO Steps Down
November 15, 2016

The CEO of Prosper Marketplace — Aaron Vermut — will be saying good-bye to the firm, to be replaced by David Kimball, Prosper’s finance chief. Kimball will begin manning the helm as of December; he has been with the firm for a little over six months after nine years at...

International
India’s Banks React To Run On ATMs
November 15, 2016

On Tuesday (Nov. 8) India’s government issued a ban on high-denomination banknotes, which has resulted in lenders bringing in 2 trillion rupees ($29.8 billion) as customers across the country try to deposit the old bills, Bloomberg reported. Get the Full Story Complete the form to...

CFPB
Consumer Financial Protection Bureau Intensifies Land Contract Inquiry
November 15, 2016

The nation’s top consumer advocacy watchdog, the Consumer Financial Protection Bureau (CFPB), is intensifying its investigation into high-interest seller-financed home sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...