News

Loyalty & Rewards
American Express Canada Cardmembers Can Use Points At Amazon
October 04, 2016

American Express Canada announced on Monday (Oct. 3) that Canadian cardmembers enrolled in the membership rewards program can now pay for purchases in part or in full with their points accumulated on Amazon.ca. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Bulu Strengthens Buyer-Supplier Ties With Portal Relaunch
October 04, 2016

Bulu, Inc. revealed the relaunch of its online platform to connect buyers and suppliers in the world of retail. 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...

Security & Fraud
Wells Fargo Won’t Catch A Break With Clinton
October 03, 2016

Democratic U.S. presidential candidate Hillary Clinton promised that Wells Fargo will be held accountable for its recent scandal and what she described as the bank’s “egregious corporate behavior.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Social Commerce
Facebook Marketplace Beats Down eBay
October 03, 2016

Facebook stock inched up and beat down eBay’s share price after the social media giant announced its new “Marketplace” section. Craigslist, too, will be watching this space. The feature expands the existing “groups” feature on Facebook, but there will be no oversight of payment transactions.

Mobile Commerce
Pokémon GO Hits $470M Milestone
October 03, 2016

In just 82 days, the popular location-based mobile game made $470 million. 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...

Investments
Home Chef Bags $40M
October 03, 2016

Given the struggles on-demand food delivery services have had this year, it is something of a welcome change of pace to report that Home Chef has closed a $40 million funding round that it will use to expand. The round was led by private equity firm L...

Retail
Cabela’s Bids Expected This Week
October 03, 2016

Struggling retailer Cabela’s is expecting bids this week for purchase. Early favorites include Sycamore Partners in partnership with Synchrony Financial and Bass Pro Shops with U.S. bank Capital One Financial Corp., which is interested in Cabela’s credit card business, World’s Foremost Bank, sources told Reuters. Get...

Retail
More Retailers Just Saying No To Opening On Thanksgiving
October 03, 2016

Though for a few years there it really looked like it might simply become retail standard, it seems that starting the Thanksgiving weekend sales crush on Thanksgiving may fizzle out after all. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
For This Startup, Scale Was A Matter Of Necessity
October 03, 2016

So, how did Vacasa, the online vacation rental home startup, go from managing one beachside cabin on the Washington coast that belonged to the family of one of the founder’s wife to a multimillion-dollar company with more than 1,400 employees that manages over 4,000 properties...