News

Investments
Malaysian Food Delivery Startup Dahmakan Raises $18M
February 27, 2020

Dahmakan, a Malaysian food delivery startup that uses menus and cloud kitchens, has raised $18 million in a Series B funding round, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Shark Tank Star Out $400K In Invoice Fraud Scam
February 27, 2020

Invoice fraud scams continue to target businesses of all sizes and industries, with experts warning of a major spike in various iterations of business email compromise scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Restaurant Business Serves Up Mixed Plate For 2020
February 27, 2020

The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. 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 our daily newsletter, PYMNTS Today....

B2B Payments
PayFit Expands Payroll Tech Into Employee Expenses
February 27, 2020

European FinTech PayFit has introduced a new receipt capture technology to help corporations with reporting of payments and expenses, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Office Depot Turns To B2B eCommerce To Boost Revenues
February 27, 2020

In an effort to boost revenue after disappointing Q4 earnings, Office Depot is turning its attention to business-to-business (B2B) eCommerce, according to reports. The company reported that total net sales were down year over year by 6 percent for the quarter, and 3 percent for the...

Retail
Walmart Takes Aim At Amazon Prime With Walmart+
February 27, 2020

Walmart, in a bid to stem eCommerce losses and compete more directly with Amazon, is working on a new endeavor called Walmart+ to compete with Prime, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Lowe’s Goes For Major eCommerce Makeover
February 27, 2020

When its website went down for a few hours on Black Friday 2018, it was an online disappointment for home improvement titan Lowe’s. It was also a sign that improvements were forthcoming. CEO Marvin Ellison had taken the reins months earlier, and was refreshingly outspoken...

International
Coronavirus Affects Movies, Toys, Earnings And Air Travel
February 27, 2020

The COVID-19 virus, also known as the coronavirus, is continuing to spread around the world, and it’s affecting everything from movie release dates to air travel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
Today In Payments: US Firms In China Could Miss Projections By 50 Pct; Square Cash...
February 27, 2020

In today’s top payments news, U.S. companies in China warned annual revenue might be off by almost 50 percent due to the coronavirus, Square posted fourth-quarter earnings that beat expectations and Grubhub announced a new subscription service. Get the Full Story Complete the form to...