News

Fintech Investments
Aspiration Bank Struggles To Raise More Capital
November 21, 2019

A digital bank that raised $110 million from investors — including celebrities Leonardo DiCaprio and Orlando Bloom — is suddenly struggling to find additional funding, CNBC reported on Thursday (Nov. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
KPMG Combats B2B Payments Fraud With Secure Payments
November 21, 2019

KPMG is rolling out a new payments security solution targeting B2B payments fraud, the company said Thursday (Nov. 21). 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...

Retail
How ‘Circular Sourcing’ Powers Renewable Retail
November 21, 2019

There are plenty of firms in the shoes and apparel sector that are “going green” to some extent. But new shoe startup Thousand Fell is taking the quest a bit more seriously than most, with a fully recyclable shoe and a vision for keeping old...

Retail
Automating Food Prep For Faster Quick-Service
November 21, 2019

With technologies that can automate the preparation of quick-service staples such as pizza, robotics firms that serve the restaurant market are gaining traction. News surfaced this week that food production technology provider Picnic notched an additional $5 million in seed funding and is bolstering its leadership team...

Retail
Tracing The Path Of Sustainable Luxury Back To 1970s Peru
November 21, 2019

Back in the 1970s, when Annie Hurlbut Zander was an anthropology student researching Andean marketplaces in Peru, she became, in her own words, “addicted” to the textiles she would come across. “In the Andes, each village has its own distinctive weaving style, its own iconography...

Retail
Kroger Slows Down Pace Of Store Refurbishments
November 21, 2019

After attempting to renovate too many locations and sell too many new products at once, Kroger Co. is going back to the basics of grocery retail. The U.S. supermarket company is intending to refresh stores at a slower clip to keep more locations fully operational,...

Retail
Amazon Unveils Smart Shelves For Re-Ordering
November 21, 2019

To help companies automatically purchase office supplies when they run low, Amazon announced the Amazon Dash Smart Shelf. The device is a new scale that also serves as a shelf for office supplies, and, when the weight falls, it can realize that companies are running low and...

Digital Banking
Deep Dive: How Emerging AI Data-Driven Models Influence The Fraud Fight
November 21, 2019

Bank and credit card fraud losses are likely to reach $44 billion by 2025, and new fraud types — like attacks from false mobile banking apps — are cropping up more frequently. Both cybercriminals and financial institutions (FIs) are relying on one essential component to...

B2B Payments
Banks, FinTechs Connect Businesses To Real-Time Payments
November 21, 2019

Consumer demand, technological innovation and the evolution of the payment service provider landscape are driving faster payments adoption in the U.S., according to Fiserv Vice President of Payments Strategy and Solution Consulting Deva Annamalai. Get the Full Story Complete the form to unlock this article...