News

Retail
Why The Biggest US Retailer Will Stick To Stamps
March 12, 2020

Quick: Who’s the biggest retailer in the U.S.? Not Walmart (5,500 stores). If you want to go to QSRs, it’s not even Starbucks (14,000) or Subway (24,000). In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in...

Retail
Deliveroo To Provide Non-Contact Delivery Amid Coronavirus
March 12, 2020

To reduce the chance of spreading COVID-19, U.K. food delivery platform Deliveroo said it would let orders be dropped off outside instead of having a delivery worker meet a client. The company’s clients will have the ability to ask for a non-contact drop-off offering with...

Partnerships / Acquisitions
Nets Expands Poland Presence With PeP Acquisition
March 12, 2020

Denmark payments startup Nets said on Thursday (March 12) that it has acquired Polish merchant acquirer Polskie ePłatności (PeP). 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...

B2B Payments
B2B Payments Speed Up
March 12, 2020

“At the speed of business.” The phrase evokes capitalism with dynamic velocity, which is probably why it was the UPS ad tagline for years, and why Cisco later used another variation, “Innovate at the Speed of Business,” to articulate itself. So, what is the speed...

Retail
Modell’s Sporting Goods In Bankruptcy, Will Shutter All Stores
March 12, 2020

Modell’s Sporting Goods has filed for bankruptcy and will shutter all its stores, the company said on Wednesday (March 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Open Banking Expands Into SMB Lending, Smaller Banks
March 12, 2020

Open banking and bank-FinTech collaboration can be an effective way for financial institutions (FIs) to launch new digital products. But the latest initiatives reveal a growing interest in transforming internal processes, particularly among smaller banks looking to upgrade their core infrastructure and elevate small business...

B2B Payments
The Real-Time Disruption Of Banking And Business
March 12, 2020

Faster payments are only one example of the effects of a world moving toward real-time everything, with growing customer demands driving change in the way banks and businesses operate themselves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Invoia Shifts Focus To SMBs’ Recurring Revenue Collection
March 12, 2020

Invoia, a mobile web company for small businesses to deal with revenues, is rebranding itself in a bid to meet customer demands and keep pace with growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Wirecard Partners With Klarna For Payments
March 12, 2020

German payments company Wirecard said on Thursday (March 11) that it is partnering with Sweden’s FinTech startup Klarna for integrated payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...