News

Retail
Retail Pulse: CVS, UPS Test Drone Potential; Birchbox Grows Walgreens Partnership
November 08, 2019

Brick-and-mortar retailers are teaming with logistics firms to test drones for delivery — and making progress on their experimental flights. UPS subsidiary UPS Flight Forward Inc. and CVS Health Corporation subsidiary CVS Pharmacy, Inc., for instance, recently announced the successful delivery of a prescription from...

Retail
Alibaba Seeks To Raise Up To $15B In Hong Kong
November 08, 2019

In a move comes five years after its record-setting initial public offering in New York, Alibaba Group Holding Ltd.’s is looking to raise $10 billion to $15 billion in a second listing in Hong Kong. The firm is aiming to roll out the share sale following...

Regulation
Deep Dive: Balancing SCA Compliance And Customer Satisfaction
November 08, 2019

Strong Customer Authentication (SCA) was designed to improve authentication standards across Europe, and enable money to move quickly, while reassuring all parties that funds were going to their intended recipients. The rule officially took effect in September, and EU countries have begun helping merchants and...

Retail
Cubcoats Partners With Amazon On CA Pop-Up
November 08, 2019

Toy retailer Cubcoats has partnered with Amazon to create a pop-up experience at the Del Amo Fashion Center in Torrance, California, open now through Jan. 5. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Biometrics
Biometrics Innovation Tests Consumer Privacy Sentiment
November 08, 2019

Biometrics isn’t as sci-fi as it once was. Thanks to smartphones equipped with facial and fingerprint recognition for security, many consumers now have up close and personal experience with newer forms of digital ID. Get the Full Story Complete the form to unlock this article...

Retail
H&M Tries To Prevent Resale Of Designer Items
November 08, 2019

H&M is trying to prevent the online resale of its collection created with Italian designer Giambattista Valli. 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...

B2B Payments
Salesforce On Digitizing The Mortgage Process — With An Eye On Millennials
November 08, 2019

According to Geoff Green, global head of mortgage and lending at Salesforce, the experience of applying for a mortgage is ripe for change. The process is known for an abundance of paperwork — but that can (and should) change with cloud-based technology that simplifies the...

B2B Payments
Platform Models Gain Investment Backing in B2B
November 08, 2019

Online platforms serving salons, accounting and travel verticals gained backing from investors through a series of funding rounds. The dollars and Euros flowed to companies that help enterprises run their operations, and thus manage cash flow, more efficiently.

Investments
WeWork’s IPO Flop Triggers Tech Startup Scrutiny By Investors
November 08, 2019

Following WeWork’s IPO debacle, investors want tech startups to prove profitability before seeking funds and going public, CNBC reported on Friday (Nov. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...