News

B2B Payments
TangoTrade’s Payment Assurance Out To Modernize The $3.1T Letter Of Credit Business
July 09, 2019

In this era of digital commerce and payments, it can be easy to forget that many small and medium-sized business often fall through the cracks. That holds especially true when it comes to letters of credit – an old, perhaps even outdated device that is...

Artificial Intelligence
Brighterion And Elavon Strike AI Anti-Fraud Deal For The Acquiring Space
July 09, 2019

The rise of artificial intelligence is not a single force or event — not like the tide rising in the distance. It is countless steps forward (or sideways), little bits of progress and development — pieces fitting together to form a still unseen whole. In this case,...

What Really Drives Small Vendors’ mPOS Picks
July 09, 2019

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Report: The Reason High-Margin Companies Pay SMB Suppliers Late
July 09, 2019

Most individuals would feel compelled to have a good excuse if they were late in paying back someone who lent them money. This isn’t the case in the world of trade credit, however, in which millions of U.S. firms sell their products and services to...

IPO
After Quiet Period, Sell Side Mixed on Fiverr 
July 08, 2019

Fiverr, an online marketplace for freelance services, is seeing waves of red ink as international stock is trading lower, but riding a sea change in the employment picture, might the tide turn for the company? Get the Full Story Complete the form to unlock this...

Retail
Restaurant Operator Blames Bankruptcy On Wage Hike
July 08, 2019

Restaurant Unlimited Inc., an eatery operator with 35 restaurants, has filed for bankruptcy and is blaming the misfortune on a recent minimum wage hike in court filings, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and...

Investments
Chinese Grocery Delivery Startup MissFresh Seeks Funding
July 08, 2019

According to reports in Bloomberg, anonymous sources have confirmed that MissFresh, a Chinese grocery delivery startup based in Beijing, is seeking additional funding as the economy and market appear to be trending downward in the country. MissFresh is backed by Tencent Holdings Ltd. and is...

Retail
Cashierless Innovation In Retail Gets A Fresh Boost In The UK
July 08, 2019

Can cameras replace cashers in retail? The grocery industry is making a go of it. 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,...

Retail
Steeping Matcha Tea Innovation With Subscriptions And Snacks
July 08, 2019

Sometimes entrepreneurs are their own very first customer: They need their products in their own lives. Jade Leaf Matcha Co-Founder Marc St Raymond, for instance, worked long hours doing software engineering work, which can be demanding. He was always on the hunt for an aid...