News

Retail
The Whole Paycheck Tracker: The Race For One-Day Shipping Dominance
May 17, 2019

When Amazon announced about two weeks ago that Prime’s free two-day shipping was about to become Prime’s one-day shipping, it certainly got the world’s attention. The main and most alluring perk of Amazon Prime was free, two-day shipping on just about anything — and much of...

Investments
Minna Technologies Notches €5.6M In Series A Round
May 17, 2019

In a Zenith Group-led funding round joined by Visa as well as Swedbank, subscription management platform Minna Technologies has notched €5.6 million in a Series A round. The company started as an app that enabled people to manage subscription offerings like streaming services, telecoms and...

Payment Methods
Policymakers Introduce Bills To Ban Cashless Stores In US
May 17, 2019

In moves that could put a stop to cashless stores, two legislators brought bills forth in Congress to make business accept cash payments. U.S. Representative David Cicilline (D-RI) introduced a bill dubbed the Cash Always Should Be Honored (CASH) Act and U.S. Representative Donald Payne...

Retail
Retail Pulse: Target To Roll Out ‘Versed’ Brand; Empire Outlets To Open In NYC
May 17, 2019

Brands created with the insights of tens of millions online users are joining the assortment at major retailers: Target, for instance, is bringing the Versed brand to its brick-and-mortar stores and website on Sunday (May 19). In the case of Versed, the brand was “developed...

Retail
Showcasing DTC Furniture #IRL For Netflix Bingers
May 17, 2019

Many entrepreneurs are inspired to start companies because of their own real-world experiences. Kyle Hoff co-founded Floyd after living in a number of places after college – Ann Arbor, the Bay Area, Chicago – and going through cycles with furniture. He bought his fair share...

Retail
Walmart Bolsters Artificial Intelligence Efforts
May 17, 2019

Beyond serving as a place to pick up groceries on the evening commute, Walmart customer service is doing a lot of work behind the scenes that customers might not even know about, on efforts such as artificial intelligence (AI) and advertising. Doug McMillon, the company’s...

Retail
Wing To Begin Drone Deliveries In Finland
May 17, 2019

With an experimental run in Finland, Wing plans to start delivering goods to residents in Helsinki’s Vuosaari district via drones. The test is said to involve deliveries of meatballs for two and fresh Finnish pastries — along with other meals as well as snacks, the...

B2B Payments
Kabbage Integrates With Online-Only SMB Banking Platform Azlo
May 17, 2019

Online small business (SMB) banking platform Azlo is integrating Kabbage into its solution to expand access to capital for its users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Despite FY19 Losses, Xero Shares Surge
May 17, 2019

Small business accounting firm Xero saw its financial losses widen for the 2019 fiscal year, yet shares surged for the company as much as 10 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...