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Williams-Sonoma Pursues Co-Branded Card

PYMNTS

Williams-Sonoma ’s existing credit card portfolio will be acquired by Alliance Data , a Columbus, Ohio-based credit card services business, to provide a private-label, co-branded credit card program. The acquisition is expected to close by the end of this quarter.

Branding 100
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The Children’s Place Planning New Loyalty-Driven Credit Card Program

PYMNTS

The Children’s Place , the Secaucus, New Jersey-based retailer that is the “largest children’s pure-play specialty apparel retailer in North America,” revealed plans on Thursday (July 14) to team up with Alliance Data on a new loyalty-driven, private-label credit card program, the two companies announced in a joint statement.

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In The Park. At A Kiosk. Using Digital Payments. Buying $1.6K Designer Jewelry.

PYMNTS

In the new Unattended Retail Tracker , PYMNTS charts the latest ways that companies are working to accept more non-cash payment methods, from the common credit card swipe to biometric scans. The company recently signed a deal to bring a dozen such kiosks to Columbus, Ohio, and is currently experimenting with the acceptance of cryptocurrency.

Metro 122
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Say Bye-Bye To MCX CurrentC

PYMNTS

Members hoped that the scheme would be attractive enough to consumers that many of them would shift away from what they were using in the store – branded plastic cards – to this mobile payments scheme. Walmart’s Mike Cook was perceived to be the guiding force behind the initiative – long a vocal critic of card networks and interchange.

Mobile 105
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Hard Knocks Edition: MCX, EMV And Square

PYMNTS

Utilizing unique feedback from the marketplace and our Columbus pilot, MCX has made a decision to concentrate more heavily in the immediate term on other aspects of our business, including working with financial institutions, like our partnership with Chase, to enable and scale mobile payment solutions.

Software 109
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Amazon HQ2, JPM Coin And The Weird, Wild Week Of Payments’ Left Turns

PYMNTS

The launch of the new mobile wallet will be paired with a Kroger Rewards debit card due out this spring, which will reportedly offer double rewards for customers when used concurrently with Kroger’s new mobile wallet. Neiman Marcus is selling a handful of CBD brands online and at beauty counters in five stores for around $30 to $50 a bottle.

Apple 143
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The 31 European Unicorns Ranked By Valuation

CB Insights

Company Description: NuCom is a German company with a portfolio of consumer and lifestyle brands including eharmony, Parship, Flaconi, and Amoreli. Company Description: Revolut is a UK-based fintech company launched in July 2015 that provides international money transfers, currency exchange, prepaid debit cards, and cryptocurrency exchange.

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