News

Retail
Why The Future Of Social Media Might Be About Thinking Smaller 
August 14, 2019

The world of social media can be a rough sea to sail in. There are plenty of pleasant corners of course — filled with family vacation photos, cats, how-to videos, some top-shelf dad jokes, fashion advice and opportunities to purchase all kinds of useful and...

Investments
Goldman Leads $20M Funding For Trucking Platform Kobo360 
August 14, 2019

The freight logistics startup Kobo360 in Nigeria has raised $20 million in a Series A funding round led by Goldman Sachs, as reported on Wednesday (Aug. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Boatsetter Notches $10M ‘Extension’ Funding Round
August 14, 2019

To help it grow its business, boat rental firm Boatsetter has announced a $10 million Series A “extension” funding round. The investment was led by Valor Equity and WestCap Group, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Retail Innovation Depends On Older Consumers, Too
August 14, 2019

Youngsters tend to get all the credit when it comes to being a force that drives retail innovation, and that’s fair enough. Their mobile habits, for instance, are fueling so much change in commerce and also payments. But older consumers shouldn’t be counted out, either....

Retail
Taking Breakfast Cereal To Innovation ‘School’
August 14, 2019

Some entrepreneurs aim to reinvent food categories when they can’t find options to meet their nutritional needs. The Cereal School Co-founder Dylan Kaplan helped start the company after he and Helen Guo, co-founder and CEO, wanted to try to cut sugar out of their diets and...

Retail
WeWork’s IPO Filing Details Steep Revenue, Loss Growth
August 14, 2019

With its next step toward a high-profile debut that could come as early as September, the parent company of WeWork unveiled its papers for an initial public offering (IPO). The filing illustrates a company that has sharp revenue growth but has losses that have been...

Faster Payments
Can Faster Pay Keep QSRs Competitive?
August 14, 2019

With a 132 percent annual turnover rate, at a cost of $2,000 per worker, employee retention is no small problem for quick-service restaurants (QSRs). On-demand access to payroll and tips could turn the tide, says Instant Financial Co-Founder and CEO Steve Barha. Here’s how real-time...

Faster Payments
How Faster Payments Can Help Retain Employees
August 14, 2019

New developments could speed up instant payments in the U.S. Last week, the Federal Reserve announced it would give some competition to The Clearing House’s Real Time Payments (RTP) with its own real-time payments service, FedNow. This is a significant advance, considering it will be...

B2B Payments
Cabcharge Digitizes Taxi Receipts In SAP Concur
August 14, 2019

Through a new collaboration with taxi fleet operator Cabcharge, SAP Concur is helping to digitize the paper receipts that corporate travelers get when taking traditional taxis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...