News

Retail
Japanese Truck Designs Aim For New Delivery Frontiers
October 25, 2019

With a design that would let vehicles be customized for parcel delivery or serve as mini-hotels, trucks are being designed in Japan for a driverless future, with interchangeable container areas and no cabins. The innovation comes as higher demand for same-day deliveries and massive growth...

Retail
American Dream Mega Mall Opens In Mega eCommerce Era
October 25, 2019

Even with the mall under pressure due to the rise of online shopping, the American Dream’s first phase will come to life on Friday (Oct. 25) with a ceremony to celebrate the opening of its theme park if there are no last-minute hitches. The months...

Investments
SoftBank CEO Shifts To Safer Investing Strategies
October 25, 2019

SoftBank’s Vision Fund is looking to devise a low-risk investment strategy after losing in excess of $5 billion in WeWork, The Wall Street Journal reported on Friday (Oct. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Western Union Enables Real-Time Global Transfers Via India’s UPI
October 25, 2019

Cross-border payments firm Western Union is advancing real-time money transfers to customers in India, the company said in a press release on Friday (Oct. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Delivery
Crowdshipping May Be The Next Sharing Economy Frontier
October 25, 2019

From swimming pools to parking spots to storage spaces, there are no goods or services that can’t be adapted to the sharing economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Kabbage Steps Into SMB Payment Processing
October 25, 2019

Alternative small business (SMB) lending company Kabbage is entering the payments space in an effort to support small business cash flow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Canada’s CIBC Enables Mobile Account Opening For Businesses
October 25, 2019

Canadian financial institution (FI) CIBC announced it now supports the opening of digital accounts for its business clients. 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...

B2B Payments
Mastercard Bolsters Brex Collab For US Growth
October 25, 2019

Mastercard is strengthening its existing collaboration with commercial card startup Brex to fuel growth in the U.S., the companies announced on Thursday (Oct. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
China B2B FinTech Nabs The Venture Capital Spotlight
October 25, 2019

U.K. challenger banks Tide and Starling Bank ramped up their competition once again as the two rivals each announced new funding. Yet, small business (SMB) banking wasn’t the only highlight of this week’s B2B venture capital roundup, with the two largest fundraises showcasing China’s rising...