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CA DFPI exercises its new enforcement authority against coding school’s income-based deferred tuition agreement

CFPB Monitor

The California Department of Financial Protection and Innovation announced last week that it has entered into a consent order with Lambda, Inc., Lambda discontinued ISAs for California students as a condition of receiving approval to operate from the California Bureau of Private Postsecondary Education in August 2020.).

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Fleet Feet: Running Shoe Retailer Sprints With Technology

PYMNTS

Americans are exercising through the pandemic. The pandemic seems to have had a strong positive impact on participation in the entire sport of running,” Fleet Feet’s Director of Retail Experience Matt Werder told PYMNTS. Just ask Nike or Peloton , who have racked up impressive usage and revenue KPIs over the past few months.

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Today In Data: Intelligence Of Things Pushes Innovation

PYMNTS

IoT-enabled televisions, refrigerators and even vehicles are becoming mainstream, and even smartwatches are seeing the effects of connected innovation. Smartwatches are known to act as personal trainers, motivating users to reach daily exercise goals, track one’s heart rate or count calories and steps, among other functions.

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Tempo And The Home Fitness Gold Rush

PYMNTS

Fitness equipment maker Tempo , whose home workout systems retail for nearly $2,000, has seen its valuation hit $250 million amid a massive surge in interest as the pandemic shut down brick-and-mortar gyms. Athleisure giant Lululemon announced the acquisition earlier this month of home exercise startup Mirror for an impressive $500 million.

Exercises 157
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Barclaycard: Why It’s Time To Rethink Everyday B2B Spend

PYMNTS

Consumers are accustomed to using digital payment methods to make retail purchases. This manual system has been a source of frustration for both workers and their employers for years, but the pandemic has exacerbated the systems’ deeper flaws and served as a catalyst for a wave of spend ma nagement innovation. About The Playbook.

Cards 233
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ClassPass CEO On Getting The Fitness Industry Back Into Fighting Shape

PYMNTS

Navigating the pandemic-altered landscape has been difficult for fitness operators forced to close their physical locations and translate in-person services into digital offerings. He said that consumers still like the immersive and varied exercise experiences that in-person gyms are uniquely able to offer. What’s Next.

Industry 207
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‘reCommerce’ Marketplaces Eye Sustainability, Partnerships

PYMNTS

Wainwright noted that the first step in automating its inbound operations involved pricing. While the company made much progress on pricing automation , Wainwright noted that it also exercises human oversight to ensure that it capitalizes on market opportunities. Retail Partnerships.