News

Mobile
Can Banks Get On The Super App Train?
August 16, 2019

Here’s some bad but potentially motivating news about banks: So far, they are missing out on an emerging opportunity to get into the “super app” game, which is shaping up to be one of the biggest focuses of payments and retail innovation in the 2020s....

Wearables
Samsung, Apple Dominate $2B Wearables Market
August 15, 2019

New data revealed that the North American wearables market hit $2 billion in the second quarter of 2019, with a 38 percent increase year-over-year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Commerce Bank To Offer Corcentric’s AP Workflow Solution
August 15, 2019

Procurements and accounts payable solution provider Corcentric announced that it has entered a reseller agreement with Commerce Bank to allow its Cor360 solution to be used as a white-labeled platform to Commerce customers. Get the Full Story Complete the form to unlock this article and...

Banking
Monzo Gets Into Lending
August 15, 2019

Monzo, an online bank out of London, has added loans to its menu of services, the Financial Times reported on Thursday (Aug. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Carvana Opens Car Vending Machine In LA, Marking 20th In US
August 15, 2019

Carvana, the eCommerce platform for buying and selling used cars, opened its latest Car Vending Machine in the Westminster area of Los Angeles, the company announced today (Aug. 15) in a press release.  Eight stories high, the vending machine holds 30 vehicles where customers can...

Retail
How FinTechs Combine The Benefits Of A Gateway, Hub And Switch
August 15, 2019

FinTech firms will travel the world and describe what they are up to using brand-new terms that are different or exciting. People might draw comparisons in response — wait a second, isn’t this kind of like? — and use some more familiar terms that have...

Payments Innovation
Square Launches Orders API
August 15, 2019

To allow developers to build a solution that lets sellers send and manage orders online, in-person and in-app, Square has announced the availability of Orders API. Orders can be sent directly to a seller that is using one of Square’s point of sale (POS) products...

Retail
Brewing Coffee Without The Bean
August 15, 2019

Americans love their daily cup of coffee. According to Reuters, 83 percent of Americans report drinking coffee, and around 64 percent consumer at least one cup per day. All in, the average American spends about $1,100 dollars on coffee per year, and we drink more coffee collectively...

Retail
July Retail Sales Show Confident Consumer That Spends
August 15, 2019

After a week of uncertainty pushed by lackluster results, particularly among department store retailers, along with uncertainty over U.S.-China trade relations, the markets got some good news in the form of July retail sales figures. July retail sales saw a 0.7 percent increase, according to...