News

Retail
Target Says Weekend Outage Due To NCR Glitch
June 17, 2019

Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant it couldn’t process cards or other forms of payment. The complication caused long lines and wait times in the store, and the company placed the blame on an...

Digital Banking
Citi: Scaling Open Banking Starts With Incentives And API Aggregation
June 17, 2019

Open banking is nothing if not a lot of moving parts and complications. But could merchant incentives help fuel this ongoing effort at digital payments innovation? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Arzooo Raises $1M To Expand In India
June 17, 2019

B2B eCommerce platform Arzooo has raised $1 million (around Rs 6.95 crore) in a pre-Series A round of funding. 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...

B2B Payments
WESCO Partners With Plug And Play On B2B Accelerator
June 17, 2019

WESCO International has announced that WESCO Distribution has partnered with Silicon Valley-based startup Plug and Play to launch their newest accelerator, B2B Sales and Distribution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
IPO Appetite Strong In Spite Of Uber And Lyft
June 16, 2019

Despite the disappointing performance of both Uber and Lyft, the initial public offering (IPO) market remains strong. 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 to our...

Delivery
Shyp Plans To Relaunch
June 16, 2019

After closing down more than a year ago, Shyp is preparing to roll out again. The company was once among the hottest upstarts in the on-demand space before shuttering in March of last year, according to reports. Get the Full Story Complete the form to...

eCommerce
Wholesale Cannabis Marketplace Hits $1B Milestone
June 16, 2019

The legal retail cannabis industry keeps on growing, and further evidence of that reportedly comes from LeafLink. 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 to our...

Retail
Target Back To Normal After Saturday System Outage
June 16, 2019

It wasn’t the best weekend for Target. The retail chain suffered through a register outage, but things apparently were getting back to normal as of Sunday evening (June 16). As well, there was no indication that the problem was due to hacking or a security...

Banking
UK Challenger Banks Stumble On Stress Tests
June 16, 2019

Stress tests haven’t been kind to so-called challenger banks in the U.K., according to a Financial Times report. 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 to...