News

Investments
Why VC Firms See An Opportunity In AR Automation
February 19, 2020

FinTech companies are keeping an eye on investment trends as they aim to serve the needs of the marketplace. 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...

News
Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
February 19, 2020

In today’s top news, LendingClub buys Radius Bancorp in a “transformative” deal, Walmart reports disappointing quarterly earnings due to tepid holiday sales, and Macy’s is downgraded to a junk-bond status. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Europe
EU Wants PSD2-Like Regs For Big Tech Data
February 19, 2020

The European Commission is planning a single European market for data, in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China, Reuters reported on Tuesday (Feb. 19). Get the Full Story Complete the form to unlock this...

Retail
Amazon Is Building A Traditional Supermarket In LA
February 19, 2020

The normally staid and stable supermarket business is suddenly a hotbed of activity. And the antagonist, per usual, is Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payments Innovation
Kyriba Payments Network Tackles CFO Mandate
February 19, 2020

Global cloud treasury and finance firm Kyriba has introduced the Kyriba Payments Network to deal with the developing chief financial officer (CFO) mandate to streamline payments and fight payments fraud, the company said in a press release on Wednesday (Feb. 19). Get the Full Story...

Retail
Navigating The Overstuffed Weight Loss Market
February 19, 2020

The fact that obesity has grown to epidemic proportions in the U.S. and around the world is, regrettably, old news at this point. According to a late 2017 report by the Centers for Disease Control and Prevention, almost 40 percent of American adults and nearly 20...

Retail
Walmart Aims To Build Décor, Clothing Business
February 19, 2020

Walmart is still seeking the right combination of fashion and home, while its online shopping initiatives have been rewarded with an eCommerce grocery purchase boon. Marc Lore, who is Walmart’s U.S. eCommerce business president and chief executive officer, said the merchant is dedicated to providing...

Retail
Taking The Convenience Store Uptown, Upscale And Omnichannel
February 19, 2020

At first it would seem to be a contradiction in terms. But Foxtrot, a small company out of Chicago, is reinventing convenience store retail and taking it uptown. As of last week it has $17 million in its coffers to achieve that mission. Get the...

Retail
Providing Fresh Meals To Consumers With Automated Retail
February 19, 2020

Before nutrimeals set up an automated retail solution to distribute prepared meals to consumers, the company was delivering food to customers in Calgary and across Western Canada, but it knew from the beginning that it wanted to have kiosks, Co-founder Grace Clark told PYMNTS in an interview....