Before Nick Chen helped start his hospitality subscription box company, ‘Welcome, he and his business partner took a trip with some friends. They stayed at a nice Airbnb apartment in San Diego in a luxury high-rise with four people staying in a four-bedroom, two-bath condo. Everything...
Retail sales in the U.S. decreased 0.3 percent September 2019, the first such decline in seven months, according to figures released Wednesday (Oct. 16) by the U.S. Commerce Department. The news comes amid ongoing fears of a recession and worries about trade wars. Get the...
With an eye toward logistics and financial services, MercadoLibre Inc. will reportedly invest over $718 million (3 billion reais) in Brazil next year. The Latin American eCommerce pioneer intends to invest more in its payments and financial services unit as it seeks partnerships and opens additional distribution...
At multiple restaurants operated by one of its franchisees, Outback Steakhouse is testing machine learning (ML) technology from Presto. The test is focused on the restaurant lobby, but could grow to the kitchen, curbside pickup and dining room areas, CNBC reported. Get the Full Story Complete the form to...
Recent scandals involving Deutsche Bank and Swedbank have made consumers reconsider their trust in financial institutions, many of which are scrambling to keep fraudsters out and bring customers back. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Small business (SMB) accounting FinTech Codat is teaming up with five°degrees to join its Open Banking partnership, according to Verdict on Tuesday (Oct. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Small business accounting solution provider ScaleFactor is expanding its product suite to include a commercial card product to support expense management. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Cash flow forecasting FinTech Cashforce has announced a $5.5 million Series A funding round on Tuesday (Oct. 15) led by INKEF Capital and Citi Ventures, with Citi also announcing a strategic partnership with the company. Get the Full Story Complete the form to unlock this...
Payments company Repay Holdings Corp. is broadening its B2B payments footprint through the acquisition of APS Payments, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
