News

Ridesharing
Luxury Uber Alternative Wheely Wants To Expand, Raise $30M
February 27, 2020

Luxury Uber alternative Wheely, a ride-hailing company that’s aimed toward more affluent customers and has drivers that arrive in high-end Mercedes-Benz vehicles, wants to raise $30 million so it can continue to expand its business into the U.S. and Asia, according to a report by...

IPO
DoorDash Confidentially Submits IPO Paperwork
February 27, 2020

Silicon Valley-based delivery unicorn DoorDash has filed paperwork for an initial public offering (IPO) with the Securities and Exchange Commission (SEC), the company announced on Thursday (Feb. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Point of Sale
Mastercard, myPOS Team For European SMB Card Payments 
February 27, 2020

Mastercard and pan-European FinTech myPOS are teaming up to promote card payment solutions to small and medium-sized businesses (SMBs) across Europe, Mastercard announced on Thursday (Feb. 27).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Poshmark Surpasses 100M Resale Transactions
February 27, 2020

Resale marketplace Poshmark has passed the 100 million order milestone, the company announced with the release of its second social commerce report, “2020: The Year of Social Shopping.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Panera To Roll Out Coffee Subscription
February 27, 2020

Another coffee subscription is now available to keep consumers safely caffeinated on demand. Coming soon to a Panera Bread location near you is a bottomless cup of coffee (or tea) – all day, every day. It will cost $8.99 per month to subscribe to the service,...

Retail
Family Fun, In A Box (On Susbcription)
February 27, 2020

Before Kenny Ball started a subscription box to bring families together for screen-free time, he was a public school teacher for 14 years. He taught mostly third and fifth grade, but spent a few years in sixth and eighth grade, so his experience spanned many...

Retail
New York Security Law Changes Retail Data Efforts
February 27, 2020

Everything about data is about to change for retailers doing business in New York State. On March 21, a new law regarding data security goes into effect and retailers of all sizes have less than a month to prepare for strict regulations that make current statutes...

Retail
Mercedes-Benz Upgrades Subscription Service To Include AMG Models
February 27, 2020

Mercedes-Benz has upgraded its subscription service to include high-performance AMG models, according to a report by The Verge. 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...

B2B Payments
Coronavirus’s Potential To Change Healthcare Supply Chains Forever
February 27, 2020

Hand sanitizer shortages. Face mask counterfeiting. And some of the most dramatic disruptions in supply chains around the world. The coronavirus continues to wreak havoc on the markets in more ways than one. Get the Full Story Complete the form to unlock this article and...