News

Delivery
Chinese Startup Neolix Starts Making Driverless Delivery Vans
May 28, 2019

Neolix, a Chinese startup, has begun mass producing small driverless delivery vans, with customers like JD.Com and Huawei already signed on as clients, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Startup Funding Automator SeedLegals Raises $4M
May 28, 2019

SeedLegals, a startup that automates the funding round process for other startups, including getting rid of middlemen and saving lawyer costs, has raised $4 million in a Series A funding round, according to a report by TechCrunch. Get the Full Story Complete the form to...

Cross-border Payments
Chinese Travelers Stop Coming To US
May 28, 2019

Chinese tourism in the U.S. declined at a fast clip last year, ending what had been years of growth. 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...

Retail
Unboxing Experiences For Moms
May 28, 2019

Some entrepreneurs take a path that is different from inventing a new product: They take a curated selection of their favorite products and share them with others. The co-founders of subscription box service Mom Things, for instance, put those items in front of moms to...

Retail
How Trendy Butler Is Breaking Rules To Build A Better Subscription Box  
May 28, 2019

Consumers signing up for any kind of subscription box these days knows the drill. They fill out a brief questionnaire establishing their stylistic preferences and fitting needs, and the algorithm does the rest. Generally, there is an element of machine learning over time; the longer...

Retail
Why Digital Marketplaces Must Anticipate Shoppers’ Needs
May 28, 2019

With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. And, to meet their day-to-day needs, more consumers are tapping into digital platforms seeking top-notch...

Retail
Authentic Brands Buys Sports Illustrated To Build Licensing Empire
May 28, 2019

To reportedly build a licensing empire with the Sports Illustrated name, Authentic Brands Group LLC has agreed to buy the storied magazine from Meredith Corp. The move comes over a year after it was put on the block and Meredith will still manage its website...

Retail
Burger King’s Impossible Burger Test Brings In Traffic
May 28, 2019

Following the pilot-test rollout of a Whopper made with the vegetarian-friendly Impossible Burger, locations in Burger King’s St. Louis test market reportedly exceeded the restaurant’s foot traffic national average by 18.5 percent in April. The data comes from inMarket inSights, which looked at location data...

B2B Payments
Connecting The Procurement Dots, From Purchase Order To Payment
May 28, 2019

Driving efficiency in accounts payable (AP) can stem from an array of efforts. Adopting electronic payments and getting rid of paper checks is certainly one way to boost AP efficiency. In addition, adopting a digital accounts payable platform can streamline operations, as well as open...