News

Retail
Walmart Launches Grocery-Picking Robot
January 08, 2020

Walmart is aiming to solidify its position as America’s largest grocer with a grocery-picking robot called Alphabot that is said to pick, pack and deliver orders fast, the company announced on Tuesday (Jan. 8). Get the Full Story Complete the form to unlock this article...

B2B Payments
Mediaocean Seeks Supply Chain Transparency
January 08, 2020

Advertising technology Software-as-a-Service (SaaS) firm Mediaocean has formed a blockchain partnership with Amino Payments for transparency and accountability in digital advertising, Mediaocean announced on Tuesday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

News
Top News in Payments: Citigroup Names New Retail Banking Leader; NY Lawmakers Push For Public...
January 08, 2020

In today’s top news, CitiGroup named David Chubak to head its retail banking division, lawmakers in New York proposed a public eBanking system similar to Venmo and Goldman Sachs created a new division in its reporting process to highlight its consumer focus. Get the Full...

Delivery
Grubhub Mulls Sale As Market Share Drops
January 08, 2020

Food delivery company Grubhub is considering a few strategic options to continue to compete in an increasingly crowded market, including a potential sale or an acquisition by another company, according to a report by The Wall Street Journal. Get the Full Story Complete the form...

International
Amex Cleared To Operate In China
January 08, 2020

The central bank in China said it has accepted an American Express application to start working in the country, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Travelex Foresees No Financial Impact From Ransomware Attack
January 08, 2020

Travelex, a foreign exchange and payments company, was thrown into chaos around New Year’s after a ransomware attack locked up its systems, forcing employees to use pen and paper to take care of thousands of customers, according to a report by Reuters. Get the Full...

Investments
Israeli Tech Startups Boost Funding 30 Pct. YOY
January 08, 2020

Israel’s technology sector had a banner year in 2019, raising $8.3 billion in 522 deals, a 30 percent growth over 2018, ZAG law firm announced Tuesday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Hundreds Of FinTechs Move From UK To EU Ahead Of Brexit
January 08, 2020

No one knows just what Brexit will mean for commerce, for international trade, for currencies across the Continent.  The only certainty is that the effects will be far-reaching. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Delivery
Grab Opens Inaugural Singapore Cloud Kitchen
January 08, 2020

Southeast Asia’s GrabFood is the latest food delivery service to launch a ghost kitchen in Singapore, accommodating several restaurant brands and turning up the heat on competition, DealStreetAsia reported Tuesday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy...