News

Retail
Amazon To Let Shoppers Pick Up Packages At Rite Aid
June 27, 2019

To provide another option for customers to receive their orders, Amazon has added an option for consumers to walk into a store and pick up a package. The new Counter option is said to roll out with the help of Rite Aid Corp bringing the...

Retail
Waymo Brings Self-Driving Vehicles To Lyft Passengers
June 27, 2019

To make autonomous vehicles available to ridesharing passengers, Alphabet subsidiary Waymo is teaming up with ride-hailing firm Lyft. The trips are limited to a certain area near Phoenix, Arizona, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
OTAs Tap Into Resort Fees To Create New Revenue Streams
June 27, 2019

A little over a month ago, Booking.com sent ripples of surprise throughout the travel vertical with the announcement that it would begin collection commissions on the fees resorts charge to customers who book through the platform. Get the Full Story Complete the form to unlock...

Farmhouse Market’s Remotely Operated, 24/7 Grocery Store
June 27, 2019

Self-serve stores are fast and convenient, but what’s stopping consumers from taking more than what they buy? Enabling 24/7 access to staff-free shopping requires the right blend of monitoring and access control tech, says Kendra Rasmusson, co-founder of Farmhouse Market — a remotely operated, Minnesota-based,...

Investments
Creative Group FinTech Lands $25M To Expand Into 30 Countries
June 27, 2019

Amsterdam-based startup Creative Group announced it has raised €22 million in funding from Prime Ventures. The funding will be used to help the company expand to 30 countries by the end of next year. Get the Full Story Complete the form to unlock this article...

B2B Payments
The Case For Localizing Mom-And-Pop Investment
June 27, 2019

When small business (SMB) investment marketplace MainVest announced a $3 million Seed funding round last week, it did something that many Main Street SMBs cannot do. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Cross-Border Payments And China In Focus
June 27, 2019

Cross-border initiatives have been spotlighted this past month with a strategic partnership between Ripple and MoneyGram. Other announcements, such as from JPMorgan, show country-specific focus, such as with China, on the trading of physical goods. Elsewhere, a SWIFT white paper calls for cross-border collaboration.

B2B Payments
Demica Opens Trade Finance Platform To Banks
June 27, 2019

Trade and receivables financing company Demica is launching a new platform for banks to bolster their own financing operations, reports in Global Trade Review said on Wednesday (June 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
CardFlight Eyes Level 2 Data For Lower Biz Card Fees
June 27, 2019

Payment Software-as-a-Service firm CardFlight is introducing Level 2 card processing data into its software SwipeSimple, aimed at lowering transactions fees for B2B vendors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...