News

Banking
Wells Fargo Shamed Executive A Bastion Of Banking
September 12, 2016

The Wells Fargo debacle gets more outrageous as the executive in charge during the time of the fraud takes a timely retirement and $125 million. While the shareholders will bear the cost of the largest ever CFPB fine, there is no sign that Carrie Tolstedt...

Blockchain / Distributed Ledger
Banks Uniting Over Blockchain
September 12, 2016

Banks are seeking ways to cut costs and make up for the persisting low interest rates. Blockchain is one item under discussion, which is encouraging banks to work together to render such a system cost-effective and scalable without compromising confidentiality.

“Thanks Mom, But 3K People Bought Me Beer”
September 12, 2016

Sam Crowder knows how to stand out in a crowd. 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...

Merchant Innovation
Is Brunch Coming To Starbucks?
September 12, 2016

Starbucks is testing a new brunch menu at select locations, according to numerous media 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,...

Retail
Chobani And The Surprisingly Innovative World Of Yogurt
September 12, 2016

Yogurt is an undeniably popular product in the United States. In 2015, Americans ate $7.7 billion dollars worth of yogurt, and that figure is on track to grow to $9 billion by the end of 2019. Considering the average unit of yogurt in the U.S....

Retail
Will Jessica Alba’s Honest Company Get Bought Out?
September 12, 2016

It seems that the Jessica Alba cofounded company Honest Company may be in talks to sell out to one of the big consumer product firms, like Unilever or Procter & Gamble. Honest specializes in diaper and personal care products. Get the Full Story Complete the...

Retail
Study Shows Teens Returning To The Mall
September 12, 2016

Some good news to start the week for mall operators in need of some. Apparently, the desire of teenagers to hang out at the mall may be withstanding the test of time and digital commerce. Get the Full Story Complete the form to unlock this...

Amazon Routinely Beats Jet On Price
September 12, 2016

If you think Jet, the upstart eCommerce site recently acquired by Walmart in a $3.3 billion deal, beats Amazon’s products on pricing, you might want to think again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
The Truth-In-Advertising Push
September 12, 2016

There’s a (slowly) growing push among retailers, brands and even politicians to make advertising campaigns as true and transparent as possible. It could even soon become a federal law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...