News

Retail
Toyota To Conduct Joint Robotic Research With Preferred Networks
August 07, 2019

To help fuel efforts to create robot helpers for homes, Toyota Motor Corp is turning to Preferred Networks Inc to conduct joint research. The idea is to create service robots that can learn in “typical living environments,” Reuters reported. Get the Full Story Complete the...

Retail
Why Rural Shoppers Need Digital Innovation Too
August 07, 2019

It is easy enough to think about the various advances in digital commerce as mostly being urban or suburban phenomena. Mostly because that is where innovations tend to get their start — ridesharing, delivery on demand, one-day shipping, buy-online pick up in-store, experimental experiential retail...

Retail
Putting Leisure In A Box, On Demand
August 07, 2019

Some entrepreneurs create companies to tackle a challenge they have faced in their own lives. Ballbox Founder and CEO Alexander Hejazi, for instance, moved to Chicago after college with all the essentials but didn’t have the items he wanted to use at the beach. While...

Retail
FedEx Will Not Renew Amazon Ground Delivery Contract
August 07, 2019

After ending its express U.S. shipping contract, per an announcement earlier in the summer, FedEx now plans to conclude its ground-delivery contract with Amazon and will not renew it. Shares of Amazon and FedEx had declined during premarket trading by at least 1 percent, CNBC...

Security & Fraud
Is It Time To Retire Passwords For Digital Authentication?
August 07, 2019

Even if one tried, it would be hard to ignore the near-constant reports of data breaches. Based on the flurry of consumers scrambling to get their $125 settlement from Equifax, data security is an issue with far-reaching consequences. Get the Full Story Complete the form...

B2B Payments
Taking On SMB Banking Friction Without Reinventing The Wheel
August 07, 2019

The jury is still out on the future of opening banking in the U.S. Without a regulatory mandate, many in the financial services and FinTech space believe that competition will — and already has — nudged the industry toward embracing data integrations across platforms and...

B2B Payments
Lithuania Suspends SatchelPay Operations
August 07, 2019

The Bank of Lithuania has suspended the majority of activities of payments company SatchelPay, reports said Tuesday, barring the Lithuanian company from issuing electronic money or providing part of its payment services. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Chinese Suppliers Forced To Accept IOUs
August 07, 2019

China’s economic slowdown and the increasing severity of its trade war with the U.S. has small businesses struggling to pay bills on time, The New York Times reported Tuesday (Aug. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Bottomline Launches Open Banking API
August 07, 2019

Business payments technology firm Bottomline Technologies has rolled out a suite of services for banks to elevate their customer engagement with corporate services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...