News

International
Berlin Sources Britain’s Talent Amid Brexit Fallout
June 28, 2016

In the aftermath of Britain’s monumental decision to leave the European Union, the Berlin Senator for Economics and Technology has reportedly been busy reaching out to startups and global funds in London. Get the Full Story Complete the form to unlock this article and enjoy...

New Study Says That Too Much ‘Wait Time’ Between Runway, Retail Turns Consumers Off
June 28, 2016

The internet has put instant gratification – or at least the ability to be able to buy anything we want at any time that we want – at the tip of all of our fingers, and the logical extension of the “See Now, Buy Now”...

‘Fast Fashion’ Craze Sparks Global Recycling Network
June 28, 2016

How’s this for irony: the rise of the “fast fashion” industry has flooded the world with a bounty of cheap clothing, and a new industry has sprung up in developing countries – where many of those clothes were made thanks to the use of cheap...

$4 Smartphone From Indian Startup To Ship This Week
June 28, 2016

Ringing Bells’ Freedom 251, a new smartphone developed by an Indian startup company that costs the equivalent of about $4, is set to ship to about 200,000 costumers by the end of the week, according to The Guardian. Get the Full Story Complete the form to...

Retail
Chipotle Hopes New ‘Chiptopia’ Loyalty Program Will Bring Back Costumers
June 28, 2016

Chipotle wants you back as a costumer and has launched a new loyalty program that it hopes will make that happen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
eBay Partners To Expand In Africa
June 28, 2016

When eBay launched in North America, it gave American consumers a new perspective on their roles in the emerging digital economy. Thanks to a strategic partnership with one of Africa’s largest online shopping platforms, eBay could do the same for yet another continent. Get the...

Alternative Finances
Lending Club Names Scott Sanborn CEO
June 28, 2016

There’s big news out of Lending Club this morning. The pioneering marketplace lender has simultaneously announced the hiring of a new CEO and the fact of 179 coming layoffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Mobile Payments
Wells Fargo Goes Real Time For P2P
June 28, 2016

Starting Aug. 1, Wells Fargo will be bringing its 17 million+ mobile banking customers real-time P2P payments, thanks to Early Warning’s clearXchange network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Swift’s Global Payments Initiative Signs 73 New Banks
June 28, 2016

As of today, 73 new banks have signed on to Swift’s Global payments initiative. The goal of the project is to expand the payment services and experience for customers by upping the speed, transparency and predictability of cross-border payments. Get the Full Story Complete the form...