News

Investments
Zenrez Raises $2 Million To Expand Fitness Class Service
July 15, 2016

Startups have been aiming to disrupt pretty much every aspect of our lives, and that is particularly true of the fitness class market as well. Aiming to become the de facto app to help customers find local fitness classes, Zenrez of San Francisco raised $2...

Acquiring
Pinterest Buys Math Camp To Work On Discovery
July 15, 2016

Math Camp, the company that created location-based app Highlight and photo sharing app Shorts, is being acquired by Pinterest. 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...

Retail
Shopify CEO Doesn’t Think Retailers Can Take On Amazon
July 15, 2016

Amazon has displaced many traditional retailers, leading everyone to wonder how anyone can compete. According to Shopify Cofounder and CEO Tobias Lütke, they really can’t. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

eCommerce
StubHub Pushes Closer To Primary Ticketing Platform Status With The Acquisition Of Ticket Utils
July 15, 2016

It looks like StubHub is getting an upgrade – care of parent company eBay’s latest acquisition. 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...

Payment Methods
Klarna Adds Lyst To Client Roster
July 15, 2016

Klarna, the Swedish payments company, has just added a new startup to its client roster, announcing on Thursday (July 14) that online fashion company Lyst will now accept payment via Klarna. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CFPB
CFPB Celebrates Five-Year Anniversary
July 15, 2016

The Consumer Financial Protection Bureau said on Thursday (July 14) that it had marked its fifth anniversary by outlining five ways it has made a difference in financial oversight on behalf of consumers. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
Santander Gets Hit With Fine Due To Overdraft Practices
July 15, 2016

Santander Bank has gotten hit with a $10 million fine by the Consumer Financial Protection Bureau, which contended on Thursday (July 14) that the bank engaged in illegal overdraft service practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Merchant Innovation
Barclays Helps Brits Talk About Money With Emojis
July 15, 2016

While talking about money is awkward in most parts of the world, talking about money in the U.K. is particularly uncomfortable, if recent data can be believed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Three Senators Call On FTC To Investigate Airbnb Services
July 15, 2016

Airbnb is facing calls from three Democratic senators for the Federal Trade Commission to investigate the impact companies like it are having on the real estate market. At the center of their concerns are worries that the short-term rental market is making housing more costly...