News

Investments
In Unicornland, Prosper Seeks Survival, And Some Green (Investment Shoots) Emerge
June 02, 2016

Online lending is not a happy place at the moment, and at least one VC firm is gathering dry tinder in prep for creating, perhaps, a batch of future unicorns. Plus, what might lie beyond the pond?

B2B Payments
The EU’s Efforts To Stimulate Economic Growth Are Failing
June 02, 2016

A mix of failed stimulus initiatives and ongoing problems with delayed and late B2B payments are combining to create an environment across Europe in which corporations are struggling to grow, according to new research. Analysis from Intrum Justitia AB, published in its most recent European...

Singapore’s Mobile Payments Market Appeal
June 02, 2016

There’s one particular country that’s been creating a lot of attention in the mobile payments ecosystem in the past week. Singapore. It’s a country with an estimated population of just 5.47 million, a GDP per capita of $56,284, an unemployment rate of 3 percent and...

Payment Methods
Marketo Buyout A Shot Across The Mid-Cap Bow?
June 01, 2016

The tech landscape has been littered with flights to publicly traded safety as investors have sought safe haven in large cap names, marquee names and perhaps even dividends. The draining of interest and funds away from smaller players has been advantageous to funds (if not...

PYMNTS Daily Data Dive: Snapchat’s Investment Roll
June 01, 2016

Snapchat has gotten a lot of press lately on its funding rounds, valuation and what’s next for the company. This includes an alleged $200 million round Snapchat is after, which would give the company a $20 billion valuation. But how did this rising unicorn get...

How Starbucks Killed My Favorite Payment Experience (And Called It A Success)
June 01, 2016

Like most people, I still make the majority of my purchases with credit cards. But the one place I’ve always used my phone to pay has been Starbucks. Why did I never think twice before using the Starbucks mobile app to pay for all my...

Retail
Staples’ CEO Steps Down
June 01, 2016

Staples’ 14 year veteran CEO Ron Sargent has agreed to step down a few weeks after a federal judge put the kibosh on a merger deal that would have united Staples with rival Office Depot. Sargent will remain on as chairman through the end of...

Retail
Wayfair Rolls Out New Display Ad Platform
June 01, 2016

Wayfair, an online home furnishing retailer, is launching a home-grown display display advertising platform to improve consumer targeting through customized messaging. The new platform, called Magellan, has been built by Wayfair’s very own data science, engineering and marketing teams to enhance the effectiveness of its display advertising...

Partnerships / Acquisitions
What’s Next For Staples And Office Depot?
June 01, 2016

One of the reasons the Staples and Office Depot merger was shot down was the very reason the two companies were interested in making the deal in the first place: It would’ve created the largest, bar none, office supply brand in business today. Now that...