News

Payments Innovation
‘Simple’ Will Be Instant Payments Breakthrough Innovation
November 15, 2019

When the history of the paper check is written someday, scholars will not note it was the best payments form, nor the fastest, cheapest or most beloved. Paper checks in the closing days of the 2010s are not only less than beloved, they are also...

Payment Methods
Adyen Adds Card Issuing By Merchant Demand
November 15, 2019

Dutch global payments platform Adyen announced it is launching card-issuing services to its customers. Adyen Issuing will enable clients to provide customers with virtual and/or physical cards that can be used online, in-app or in-store. The cards can also be integrated into mobile wallets. Get...

Delivery
Rising Delivery Costs Drives Houlihan’s Restaurant To Chapter 11
November 15, 2019

The private-equity backed operator of Houlihan’s restaurant chain has filed for bankruptcy protection. 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....

Payment Methods
PayPal Cuts Off Payments To PornHub Models
November 14, 2019

PayPal Holdings has ended its payment support to PornHub’s models after the adult entertainment site made certain payments without permission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Delivery
Digital Freight Services Race Toward More Cash And Last Mile Innovation
November 14, 2019

As the world of automotive and freight drives toward a future of connected commerce and even autonomous driving, companies are fighting it out to solve the many problems in that area of the economy, including last-mile delivery. The latest example of the power of those...

Delivery
Ex-Uber Employees Launch Cloud Kitchen Startup
November 14, 2019

A group of former Uber employees has started a cloud kitchen business to rival that of former Uber CEO Travis Kalanick, who made the news recently with his own similar business CloudKitchens, according to reports. Get the Full Story Complete the form to unlock this...

B2B Payments
CreDec Adds Real-Time Payments To Xero
November 14, 2019

Payment service provider CreDec is integrating real-time payments capabilities that will allow small and medium-sized businesses (SMBs) and their accountants to bypass bank portals and initiate payments from directly within their accounting platforms. Get the Full Story Complete the form to unlock this article and...

Delivery
UK’s Magway Aims To Build Tunnels For Package Delivery
November 14, 2019

A U.K. startup has proposed building a system of tunnels in the U.K. to deliver as many as 600 million packages a year to the city of London alone, according to CNBC. The startup, Magway, wants to provide companies with an alternative to the traditional...

B2B Payments
Bank OS Provider nCino Adds Predictive Analytics
November 14, 2019

Bank operating system provider nCino is expanding its functionality for financial institution (FI) clients with the deployment of artificial intelligence (AI) and predictive analytics, the company said Thursday (Nov. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...