News

Banking
Goldman CEO Says Marcus Gets ‘No Credit’
June 06, 2019

Goldman Sachs CEO David Solomon said the firm’s digital Marcus business “getting absolutely no credit from anybody else in the investing community,” according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Mobile Payments
Square Integrates Food Delivery Services Into POS
June 06, 2019

Square is releasing new order management integrations for Square for Restaurants, which will allow orders from DoorDash, Postmates and management platform Chowly to join existing provider Caviar in flowing directly into a restaurant’s point of sale (POS), according to a release by the company. Get...

Retail
Luxury Retailers Find Growing Opportunities In China
June 06, 2019

Look to China, and look some more — that’s one of the main messages in mid-2019 for luxury retailers, at least for ones not based in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Walmart CEO Pushes To Raise Minimum Wage
June 06, 2019

In a somewhat surprising turn of events at Walmart’s annual investor meeting, CEO Doug McMillon voiced his opinion that the time has come for Congress to raise the minimum wage beyond $7.25 an hour. Get the Full Story Complete the form to unlock this article...

Retail
Serving Up Local Life, On Demand, Around The World
June 06, 2019

The world has become so flat that it is impossible to have a truly local experience, because “local” no longer exists. At least not in major world destinations, if a wave of recent think pieces is to be believed. Get the Full Story Complete the...

Retail
Stitch Fix: Big Growth And A Surprise Turn To Profitability
June 06, 2019

Stitch Fix had a lot of happy investors Wednesday afternoon (June 5) when the market closed and its Q1 earnings report hit the wires. Earnings and revenue both came in well above expectations, as active client lists continued to grow at a double digit pace...

Banking
Chase Shuts Down Finn
June 06, 2019

Barely more than a year after banking giant JPMorgan launched an effort to bring younger clients into the fold — through digital means and specifically through a digital banking app — the firm is killing that particular nationwide project. Get the Full Story Complete the...

Retail
Is The US On The Verge Of A Contactless Surge?
June 06, 2019

Near-field communication (NFC) technology isn’t exactly new. For some time now, retailers have been using it and radio frequency identification (RIFD) behind the scenes for stock and quality control, as well as to provide product information to customers with smartphones. However, the U.S. has been...

Why Pride Vendors Are Forgoing Cash For mPOS
June 06, 2019

With events rolling out across the globe celebrating LGBTQ Pride Month throughout June, vendors are preparing to triple their average sales, while selling to crowds that no longer rely on cash. Yet, to entice customers, vendors must deliver fast, seamless payment experiences. In the June...