News

Retail
Retail Pulse: Chipotle Pilots New Digital-Focused Design; JAB To Merge Coffee Brands
December 20, 2019

Brick-and-mortar restaurants are rolling out new store designs as their digital businesses increase in size. Chipotle Mexican Grill, in one case, is testing evolved design “to better support its billion-dollar digital business,” the quick-service restaurant (QSR) company said in an announcement, which noted that the...

Partnerships / Acquisitions
IAC To Purchase Care.com In Nearly $500M Deal
December 20, 2019

One day after outlining plans to spin off all its Match Group shares, digital brand holding company IAC says it has agreed to purchase Care.com in an arrangement valued at almost $500 million. IAC will pay $15 for each share of Care.com in a transaction...

Retail
Just Eat Supports Final Bid From Takeaway.com
December 20, 2019

Because it said it found a tie-up with Takeaway.com to make one of the leading eCommerce food delivery firms compelling, Just Eat supported the company’s final all-share offer and rejected a competing Prosus cash bid. Prosus and Takeaway had both made their bids higher for...

B2B Payments
VCs Back FinTechs That Help Other Firms Manage Money
December 20, 2019

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. Startups helping other businesses to manage their financing proved popular with investors, but it was a Vietnamese...

B2B Payments
Building Better Payment Rails With Banks In Mind
December 20, 2019

To move a B2B transaction from one market to another, the global interbanking system is far from a perfect strategy, though it remains the standard in cross-border payments. As speed, transparency and security continue to grow as irrefutable requirements in B2B payments, the payments technology...

B2B Payments
Payroll, Workers’ Comp Find Link Through Real-Time Data
December 20, 2019

Payroll and insurance are two areas in which technology startups have brought disruption to the fold, but challenges in these markets are rarely tackled simultaneously. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Thousands Of Amazon Ring Passwords Leaked On Dark Web
December 20, 2019

A new security lapse has been involved with Amazon’s Ring security cameras this week. 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...

Retail
Merchants Prepare For $40B-Plus In Holiday Returns
December 20, 2019

Bigger sales mean more returns as retailers ready themselves for a flood of unwanted merchandise that is anticipated to top $40 billion, CNBC reported on Friday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Mobile Payments
Ant Financial Buys Stake In Vietnamese eWallet eMonkey
December 20, 2019

China’s Ant Financial has negotiated an unannounced strategic investment in Vietnam’s eWallet startup eMonkey, Reuters reported on Friday (Dec. 20) citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...