News

Banking
What’s Next As Scharf Takes The Helm At Wells Fargo
September 27, 2019

And now begins some more heavy lifting. 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, PYMNTS Today. By completing this form, you agree...

Investments
Recurly Notches $19.5M To Grow Subscription Business
September 27, 2019

To bolster its subscription business, San-Francisco-based Recurly has notched $19.5 million in funding led by F-Prime Capital along with participation from Polaris Partners, Silicon Valley Bank and Greycroft. The new funding brings its total raise to almost $40 million after raises in the past totaling...

Retail
BigBasket Takes On Rivals With Faster Delivery
September 27, 2019

In a move that could help it better contend with Swiggy, Flipkart and Amazon, online grocer BigBasket has merged its two main businesses of planned next-day orders and on-demand 90-minute delivery. The idea is to supply broader product selections to shoppers in under four hours,...

Retail
Retail Pulse: Walmart Provides Health Career Path; Inspire Brands To Buy Jimmy John’s
September 27, 2019

Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for healthcare roles. Walmart, in one case, is adding healthcare to its Live Better U’s college offering, in an effort to provide associates with a pathway to...

Retail
Retail Vacancies Spike In New York City
September 27, 2019

As New York City’s vacancy rate has skyrocketed by nearly 50 percent, a report released by City Comptroller Scott Stringer showed that the amount of empty retail space in the city has doubled in the last 10 years or so. The vacancy rate reached a...

Retail
Unilever Says Its Amazon Sales Don’t Add Up To Much
September 27, 2019

Unilever has revealed that its sales on Amazon are only a small piece of its pie since most of its products sold on the website are priced below $10. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
French Grocers Use Automation To Get Around Labor Laws
September 27, 2019

Grocery group Casino Guichard Perrachon, along with its rival Carrefour, have been experimenting with keeping select stores open even after their employees go home. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
FinTechs Help Global Banks Tackle SMB Challenges
September 27, 2019

Criticism of the world’s correspondent banking network continues to mount — and at the same time, the number of correspondent banking relationships is on the decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Santander Overhauls Biz Banking Infrastructure With nCino
September 27, 2019

Cloud banking technology provider nCino will help U.K. financial institution Santander digitize its small business, corporate and commercial banking units, according to a press release on Thursday (Sept. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...