News

Delivery
Deliveroo Expansion Triggers Big Revenue Growth, Losses
October 02, 2019

Food delivery company Deliveroo saw huge revenue growth in 2018, but its losses also grew as it expanded and poured money into new areas and ventures in the highly competitive food delivery market. Get the Full Story Complete the form to unlock this article and...

Payments Innovation
Path To World Series Brings Changes To Online Gambling
October 02, 2019

It’s not exactly high time for legal online gambling yet – that comes in early 2020, with the Super Bowl and then the NCAA college basketball tournament – but the betting season is certainly heating up on more ways than one. And that new fuel...

Banking
Goldman Beefs Up Marcus Savings Offerings
October 02, 2019

Saga, a financial company geared to individuals over 50, has teamed up with Goldman Sachs consumer bank Marcus to offer two new savings accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

News
Top News In Payments: Olo Integrates Rails Platform With Google; Revolut’s Losses Double With Growth...
October 02, 2019

Today in the payments news roundup, Olo is integrating its rails platform with Google so customers can order directly from restaurant brands across Maps, Google Assistant and Google Search. Also, Revolut reported that its losses doubled last year as a consequence of its aggressive push for global...

Cross-border Payments
Thai’s KBank Offers Digital Loans To Online Sellers
October 02, 2019

Thailand’s Kasikornbank (KBank) will provide loans of up to 600,000 baht ($19,570) to eCommerce merchants selling on the Shopee platform, Reuters reported on Wednesday (Oct. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
MineralTree Taps Comdata Veteran As President
October 02, 2019

Banking and B2B payments veteran Vijay Ramnathan has joined MineralTree as its new president, the company announced in a press release on Wednesday (Oct. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Simon Property Group Eyes eCommerce Play
October 02, 2019

It looks like the biggest mall operator in America is officially deciding if you can’t beat ’em, join ’em. Simon Property Group has announced that it is teaming up with online shopping site Rue La La’s parent company, Rue Gilt Groupe, to launch a new...

Retail
Innovating Men’s Underwear For Consumers Who Don’t Know They Need It
October 02, 2019

Men’s underwear is rarely thought of as grounds for advanced design or reinvention. Arguably, that last big innovation in the field was somewhere between 25 and 30 years ago, when John Varvatos, head of Calvin Klein’s menswear, first came up with the idea of the boxer...

Retail
P2P Platforms Aim To Showcase Fashion Rentals For Every Occasion
October 02, 2019

To help consumers rent clothing for a special occasion or everyday life, online platforms are connecting borrowers with those looking to rent out clothing through emerging peer-to-peer (P2P) networks. RentMyCloset, for instance, allows consumers to share their fashions with the world and borrow clothing from...