Sections
News
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1.3KWhy, In The eCommerce Era, Catalogs Are Cool Again
While Sears Roebuck gets all the credit for inventing the mail order catalog business in the United States, in historical terms they...
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1.4KSEC Probing WeWork For Potential Violations Around Failed IPO
The U.S. Securities and Exchange Commission (SEC) is reportedly looking into WeWork to determine whether the embattled company violated financial rules while...
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1.2KAnalyst: Grubhub Could Soar With The Right Merger, Action
Barclays has raised its investment opinion of Grubhub, positing that a few key moves could significantly change the future outlook of the...
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1.6KFacebook And Google Payments Efforts Top Week’s News
Welcome to the PYMTS Weekender, where we recap the week’s biggest development in payments and commerce. This edition includes news about Facebook’s...
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1.5KTop News In Payments: Adyen Adds Card Issuing By Merchant Demand; Amazon Echo Smart Speakers Outselling Google Home
In today’s top payments news, Walmart CEO Doug McMillon said eCommerce isn’t quite where it needs to be revenue-wise, but that it...
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1.1KHouse Committee Approves Ban On Controversial SMB Loan Tactic
The U.S. House Financial Services Committee has voted in favor of banning a controversial practice in small business lending, The Washington Post...
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1.6KWalmart Develops Blockchain Freight Payment Network
Walmart Canada has developed a blockchain-based network to facilitate logistics operations and payments, the company announced in a press release Thursday (Nov....
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1.0KUnder Armour Defends Reputation Amid Investigations
Under Armour CEO Kevin Plank has responded to allegations that he borrowed business from quarters in the future to mask slowing demand...
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1.1KTim Armstrong: Nike’s Departure From Amazon Could Lead To DTC ‘Megatrend’
Earlier this week, Nike announced it will no longer sell its wares on Amazon, instead opting to follow a growing trend in...
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1.2KNational Direct Bank CIT Rolls Out eChecking
National direct bank CIT Bank is introducing eChecking, a new digital checking account with a wide variety of electronic transfer and payment...
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919Swedish Bank SEB Shares Tumble On Money Laundering Inquiry
Shares in Swedish bank SEB fell on Friday (Nov. 15) over news that it might soon be embroiled in a money-laundering scandal,...
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1.3KAmazon Makes Another Grocery Play Via Delivery
As it seeks to build its power in the grocery sector, Amazon reportedly is lowering its prices for grocery delivery in Germany,...
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1.1KIs The Future Of Streaming Seamless Shopping?
The idea of shopping while watching TV is not exactly new or untrodden ground. The Home Shopping Network (HSN) has been around...
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828October Retail Up 0.3 Percent Despite Trade War, Recession Fear
Retail sales rose 0.3 percent in October, rebounding from a 0.3 percent drop the previous month, CNBC reported on Friday (Nov. 15),...
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1.3KDeep Dive: The Many Roads To Digital-First Banking
PYMNTS’ Where Will We Bank Next? Survey found that banking customers are increasingly placing a higher value on convenience, personal data security...
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798Bossa Nova Launches Automated Inventory Solution
Data service provider Bossa Nova announced it has developed a new artificial intelligence (AI) and automated solution for inventory data management, according...
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1.1KWhy Mobile Will Make Holiday 2019 Merrier For Retailers And Shoppers
The upcoming holiday shopping season is expected to break records in online spending, according to a study by Adobe Analytics. That’s even with a...
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1.1KMesh Eyes Virtual Cards For Global B2B Payments
Though credit cards were not originally designed to address the needs of corporate payers, advances in commercial card technology have positioned the...
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1.3KInvestors Go After B2B FinTech Maturity
As the fallout from WeWork’s stumbles continues, one could easily wonder if the market is beginning to question not only the position...
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1.2KGrab CEO: No IPO Until Business Shows Profits
Grab Chief Executive Officer (CEO) and Co-Founder Anthony Tan said the Southeast Asia ride-hailing platform will not launch an initial public offering...
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2.2KWhy The Future Of Brick-And-Mortar Isn’t About Sales
In 2014, it was hard to pick up any article about retail and not end up reading an obituary for the mall....
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2.2KBending Card Rails For B2B Payments Optimization
When the commercial card first came on the scene, executives thought of the payment tool in limited terms: a piece of plastic...
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2.4KCan Real-Time Data Render Credit Scores Obsolete?
The rise of faster peer-to-peer (P2P) payment services has had an unintentional ripple effect for businesses, banks and merchants. With customers able...
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2.2K‘Simple’ Will Be Instant Payments Breakthrough Innovation
When the history of the paper check is written someday, scholars will not note it was the best payments form, nor the...
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2.5KAdyen Adds Card Issuing By Merchant Demand
Dutch global payments platform Adyen announced it is launching card-issuing services to its customers. Adyen Issuing will enable clients to provide customers...
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1.6KRising Delivery Costs Drives Houlihan’s Restaurant To Chapter 11
The private-equity backed operator of Houlihan’s restaurant chain has filed for bankruptcy protection. York Capital Management and Mike Archer, a former president...
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2.0KPayPal Cuts Off Payments To PornHub Models
PayPal Holdings has ended its payment support to PornHub’s models after the adult entertainment site made certain payments without permission. “Following a...
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1.2KDigital Freight Services Race Toward More Cash And Last Mile Innovation
As the world of automotive and freight drives toward a future of connected commerce and even autonomous driving, companies are fighting it...
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2.7KEx-Uber Employees Launch Cloud Kitchen Startup
A group of former Uber employees has started a cloud kitchen business to rival that of former Uber CEO Travis Kalanick, who...
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2.7KCreDec Adds Real-Time Payments To Xero
Payment service provider CreDec is integrating real-time payments capabilities that will allow small and medium-sized businesses (SMBs) and their accountants to bypass...
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2.1KUK’s Magway Aims To Build Tunnels For Package Delivery
A U.K. startup has proposed building a system of tunnels in the U.K. to deliver as many as 600 million packages a...
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1.7KBank OS Provider nCino Adds Predictive Analytics
Bank operating system provider nCino is expanding its functionality for financial institution (FI) clients with the deployment of artificial intelligence (AI) and...
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1.4KTradeshift Integrates Wax Digital’s Vendor Sourcing Automation
Supply chain payments company Tradeshift has announced a partnership with Wax Digital, a FinTech offering businesses spend management tools. A press release...
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1.0KLoyalty Firm Punchh Raises $40M For Brick-and-Mortar Analytics
As eCommerce rises in popularity – currently accounting for about 11 percent of retail sales, which is an increase of about 14.8...
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991Top Payments News: DoorDash Bolsters Its Treasure Chest; Policymakers Target Big Tech Over Data; Feds Probe Debit Card Practices
In today’s top news, DoorDash keeps growing and Visa and Mastercard face big questions over their debit card programs. And investors seek...
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1.5KBurberry And Tencent Team Up For ‘Social Retail’ Store
Luxury brand Burberry has teamed up with Tencent in China to offer a “social retail” store to take advantage of China’s online...
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2.0KMoneyGram, Wing Team Up On Cambodian Digital Wallet
MoneyGram has announced a partnership with Cambodian bank Wing on a digital wallet venture that will allow funds to be deposited directly...
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1.1KPayro Debuts Payroll Financing For SMB Owners
Payro Finance is launching its payroll financing offering for small and medium-sized business (SMB) owners. In a press release on Thursday (Nov....
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1.1KWayfair’s High-Tech Mobile Experience
Wayfair is expanding its use of augmented reality (AR) with the latest round of high-tech upgrades upgrades to its mobile app. Part...
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892Target To Offer Free Same-Day Delivery Trial
The Target app is integrating with Shipt for same-day delivery, sometimes within one hour, Target said in a press release on Thursday...
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953Port of Los Angeles Volumes Show Trade War Impact
To get a sense of how the trade war – the one between China and the United States – is having an...
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1.3KDadeSystems Gets $9M To Expand Integrated Receivables Offering
FinTech receivables firm DadeSystems has raised $9 million in a Series D growth funding round led by Napier Park Financial Partners, DadeSystems said in...
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1.5KFacebook M&A Chief Defends Instagram Acquisition
Amin Zoufonoun, who heads up Facebook’s mergers and acquisitions (M&A), defended the company’s Instagram purchase in a Facebook post amid investigations by...
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1.2KWhy Doing Retail For Runners Isn’t About Chasing The Mass Market
There is no shortage of startups that enter the wild world of direct-to-consumer (DTC) retail to address a hole in the market...
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1.1KWalmart CEO: Progress Still Needed Online
It looks like Walmart will have some time back at the drawing board when it comes to their great eCommerce upgrade of...
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1.0KBoosting Innovation And Mobile Gaming Via Sports
Sports are big business around the globe, so it comes as no surprise that retail innovation constantly takes place within that industry,...
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896Apple May Bundle Subscriptions To Attract Users
Apple is looking into bundling its digital products — News+, Apple TV+ and Apple Music — as a way to draw in...
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1.5KRegions Bank Makes A Digital Push With The Help Of AI
In the face of growing competition, banks are rethinking legacy processes and digitizing their customer journeys. For Alabama-based Regions Bank, artificial intelligence...
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1.3KFor Marketplace Platform Payments Experiences, Is It Back To Basics?
It’s easy to get caught up in the hype of new sharing economy platforms. “The Uber of furniture,” P2P closet-sharing and crowdshipping...
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1.5KFaster Payments Readies Global Payroll For A Paradigm Shift
Increasingly, the gold standard for payments is invisibility. Platforms and payment service providers are seeking digital, integrated payment experiences that are so...
