News

B2B Payments
Southwest Launches Credit Card For SMBs
June 21, 2019

Southwest Airlines is introducing a credit card for small business owners aimed at enhanced travel rewards. 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...

B2B Payments
B2B Startup Investors Go After The Niche Markets
June 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. Get the Full Story Complete the form to unlock this article and...

B2B Payments
How Data Unlocks The Hidden Potential Of Supplier Invoices
June 21, 2019

Europe has a range of EU and state-wide initiatives to develop electronic invoicing standards in both the private and public sectors, with a few goals in mind. Standardizing the way companies issue electronic invoices further reduces reliance on paper, while, at the same time, more...

Payments Innovation
JPMC Marks X-Border Milestone In China
June 21, 2019

JPMorgan has announced the launch of its E-Customs Payment Solution, making it the first foreign bank in China to fully digitize and automate cross-border payments of goods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Can Legal Pot Thrive With Closed-Loop Payments?
June 21, 2019

People can say what they will about the wisdom of legal retail sales of marijuana (we here at PYMNTS take no position), but the payments knot that the cash-dominated industry is dealing with is leading to some improvisation, and even government-backed experimentation. The latest example...

Banking
For FI Account Openings, Serving The ‘Segment Of One’
June 21, 2019

A disconnect looms in financial services, one that can doom relationships between financial institutions (FIs) and customers from the beginning. Studies have shown that 70 percent of applicants want to open their accounts digitally. However, less than half of traditional FIs are able to let...

Retail
Kroger’s Private-Label Grocery War Advantage?
June 20, 2019

To compete in the grocery wars and gain market share from competitors such as Aldi, Amazon and Walmart, supermarkets are bolstering their private-label efforts. One of Kroger’s most powerful competitive advantages is the company’s own brand products, Chairman and Chief Executive Officer Rodney McMullen said...

B2B Payments
Bill.com To IPO
June 20, 2019

B2B payments company Bill.com is gearing up to go public just weeks after announcing an $88 million investment round, Business Insider reported Thursday (June 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Slack, Like Spotify, Chooses Direct Listing To Go Public
June 20, 2019

Messaging company Slack is planning to use a direct listing method to go public instead of an IPO, according to CNBC. A direct listing, which Spotify used when it went public in April of 2018, means that Slack won’t have to use underwriters (go-betweens that...