News

Investments
Addepar Raises $140M In VC Funding For Expansion
June 09, 2017

Addepar, the provider of data collection and monitoring services for the financial industry, has reportedly raised $140 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Mobile Payments
Concardis Expands Global Reach By Launching Alipay In Austria, Switzerland
June 09, 2017

Concardis is expanding its international portfolio by bringing Chinese mobile payment solution Alipay to Austria and Switzerland. 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...

Retail
Luxury Retailer Nordstrom To Go Private?
June 09, 2017

Shares of luxury retailer department store Nordstrom jumped more than 10 percent Thursday after the company announced it was pursuing a potential sale that would take it private. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Wells Fargo’s New Problem: Getting Back To Growth Mode
June 09, 2017

Wells Fargo has a new challenge on its hands now that the fake account scandal seems to be behind the bank: growing again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Microsoft Buys Hexadite To Help Companies Protect Cybersecurity
June 09, 2017

Microsoft announced Thursday (June 8) it has signed an agreement to acquire Hexadite, a company delivering agentless, automatic incident investigation and remediation solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Europe
U.K. Election Surprise Throws Brexit Fate Into Doubt
June 09, 2017

It seems things have not turned out quite as expected for Theresa May and her Conservative government in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

CFPB
CFPB Requests Retail Credit Cards Offer More Transparent Promotions
June 09, 2017

The Consumer Financial Protection Bureau (CFPB) announced in a press release that it sent letters to top retail credit card companies encouraging them to use more transparent promotions for the sake of consumer protection. Get the Full Story Complete the form to unlock this article...

Cross Border Commerce
X-Border Marketplaces And The Search for Better Payout Solutions
June 09, 2017

Cross-border retail is on its way to becoming a $1T business opportunity and online marketplaces are leading the way, according to the latest PYMNTS.com X-Border Payments Optimization Tracker™. But those marketplaces are only as vibrant as the speed at which payments end up in sellers'...

Partnerships / Acquisitions
Contextual Commerce Comes To Higher Education
June 09, 2017

Getting tuition paid is one headache. Sending tuition abroad can cause headaches of a different sort: How do you know if your check to Europe for that semester abroad will make it safely from New York? One partnership, between CashNet and Flywire, seeks to smooth...