News

Investments
Tradeshift Notches $240M As IPO Is Postponed
January 14, 2020

Supply chain FinTech Tradeshift has raised $240 million from new and existing investors, but is holding off on an initial public offering (IPO) in favor of focusing on profitability, the company announced on Tuesday (Jan. 14). Get the Full Story Complete the form to unlock...

B2B Payments
Alibaba To Highlight US SMBs With ‘B2B Tuesday’
January 14, 2020

B2B eCommerce platform Alibaba.com announced “B2B Tuesday,” an initiative to “support, highlight and celebrate” U.S. B2B-focused small and medium-sized businesses (SMBs), “highlight their contributions to the U.S. economy and help them capture the global eCommerce opportunity,” according to a press release.  Get the Full Story...

News
Top News In Payments: China Finalizing Laws For Digital-Only Banking; Mastercard Names New President Of...
January 14, 2020

In today’s top payments news, China is finalizing its rules for online-only banks, Mastercard names Raj Seshadri as its new president of data and services and Visa buys FinTech startup Plaid for $5.3 billion. Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Google Buys Pointy To Boost Local Brick-And-Mortar Retail
January 14, 2020

Tech retail startup Pointy will be acquired by Google, the company announced in a blog post. 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...

Retail
Strip Malls Gaining An Edge Over Traditional Shopping Malls
January 14, 2020

Open-air shopping centers – also called strip malls or strip centers – are replacing malls as retail juggernauts, offering necessities like grocery stores, hair salons and dentists, The Wall Street Journal reported on Tuesday (Jan.14). Get the Full Story Complete the form to unlock this...

Retail
Instacart To Offer Grocery Pickup Nationwide By Year-End
January 14, 2020

Instacart is expanding the Instacart Pickup offering to all 50 states by the end of 2020, following a year of sizable growth that doubled its grocery partners and tripled the number of states, the company announced on Tuesday (Jan. 14). Get the Full Story Complete...

Payment Methods
UK Gambling Watchdog Outlaws Credit Card Bets
January 14, 2020

In an effort to rein in problem gambling, the U.K. Gambling Commission is banning the use of credit cards for placing bets, the BBC reported on Tuesday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Parlaying A Pivot Into Digital Grocery Delivery Success
January 14, 2020

That grocery has gone digital in the last few years is at this point undeniable. Once widely considered an eCommerce-proof vertical because of consumers’ basic insistence on seeing and handling fresh produce, that conventional wisdom has dissolved through a steady drumbeat of innovations by several...

Retail
PC Market Notches First Year Of Growth In Years
January 14, 2020

As Microsoft concludes its support for Windows 7 and companies need to upgrade their legacy devices, the PC market has reportedly had its first year of growth since 2011. Windows 10 was installed on 900 million devices as of September 2019, The Verge reported. Get...