News

Retail
How Down To Shop Channels Infomercial Love Into A QVC-For-Gen-Z App
May 24, 2019

Home shopping tends to take a lot of teasing. However, even in the eCommerce world of 2019, it still manages to be a surprisingly lucrative and competitive space. For example, Qurate Retail, Inc. — parent firm of the two largest home shopping networks, QVC and...

B2B Payments
Bottomline Technologies Discovers ‘Leading Strategy’ Of FinTech Partnerships In Survey
May 24, 2019

Across the business-to-business (B2B) payments landscape, results of a Bottomline Technologies survey found that partnering with FinTechs will be the strategy of choice for a majority of banks and a growing number of corporates. The company recently unveiled its 2019 B2B Payments and Working Capital...

IPO
Luckin Stock Sinks 43 Pct Post-IPO
May 24, 2019

Shares in Luckin Coffee have fallen 39 percent after its initial public offering (IPO) as investors are worried about the company’s cash-burn strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payments Innovation
For Merchant Processing, A Guiding Key Principle: Reliability
May 24, 2019

Merchants that sign on with firms to process their payments expect to get their funds consistently and constantly. Neil Randel, CEO of First American Payment Systems, tells Karen Webster that, even in the age of financial service megadeals, the processing space should be ruled by...

Payment Methods
Square: Most SMBs Will Always Accept Cash
May 23, 2019

Rumors of the death of cash – as in complete extinction – are greatly exaggerated. Even as digital payments gain ground, cash still remains part of the payments landscape – and its place may be permanent. Get the Full Story Complete the form to unlock this...

Investments
Zero Raises $20M To Launch Cash-Back Debit Card
May 23, 2019

Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
New York City’s MTA To Accept Google Pay At Select Subway, Bus Lines
May 23, 2019

Aiming to make it easier for people to commute, Google Pay announced Thursday (May 23) it has added New York City’s Metropolitan Transportation Authority (MTA) to the list of transit agencies that enable commuters to pay for rides through Google Pay. Get the Full Story...

Investments
PayJoy Raises $20M To Boost Smartphone Ownership
May 23, 2019

PayJoy, the startup that enables people in emerging markets to purchase smartphones via installment payments and access cash loans, has raised $20 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Lawn Care In A Box? It’s Subscription Season
May 23, 2019

Entrepreneurs are sometimes inspired to start a company for one or two reasons, but the co-founders behind lawn care subscription box Lawn Serv had a few observations to start their company. After talking with friends, family and co-workers, co-founders Troy Scarbrough and Nick Morwood discovered...