News

B2B Payments
Barclaycard Integrates B2B Payments Tech To SAP Ariba
February 15, 2019

Barclaycard and SAP are partnering up to accelerate B2B payments, the companies announced today (Friday, Feb. 15). 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
Payless To Shut Down Stores After Second Bankruptcy Filing
February 15, 2019

Payless ShoeSource will close all of its stores when it files for bankruptcy for a second time later this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cross-border Payments
Mexican Gov’t Eyes FinTechs For Cheaper X-Border Transactions
February 15, 2019

The Mexican government is hoping FinTechs will make sending cash home for Mexican families living abroad more affordable. 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...

Delivery
Uber Co-Founder Kalanick Prepares Global Network Of Food Delivery Kitchens
February 15, 2019

Travis Kalanick, the Uber co-founder, is busy with his next venture, reportedly working behind the scenes to create a network of food delivery kitchens around the world. According to a report in The Financial Times, the new venture is called CloudKitchens. Kalanick is recruiting some of...

Banking
Diebold Nixdorf: Why Bank Branches Need To Move Beyond The Transaction
February 15, 2019

There is something of a strange dichotomy when one looks at the types of things bank brands are developing, particularly around mobile and digital banking services, and the kinds of things consumers say they want. Banks’ investments are leaning heavily toward technology upgrades – especially...

Banking
Open Banking And FinTech Firms: To Clash Or Collaborate?
February 15, 2019

Open banking in the U.K. is a reality, bringing far-flung financial data and services to a single point of interface for consumers. To get that done, and to get to know the customer intimately, collaboration is the name of the game, says Bud’s Alan Walsh, head...

Retail
Alibaba Bids For Metro Brick-And-Mortar Stores In China
February 14, 2019

One of the hottest battlegrounds in eCommerce these days — and that includes global, multi-pronged, behemoth eCommerce operators — is a firm in the physical world, the brick-and-mortar stores and chains that, for various reasons, are increasingly attractive to the likes of Amazon, Alibaba and others....

Retail
FAO Schwarz Planning New Locations, Product Collections
February 14, 2019

Toy brand FAO Schwarz is continuing its resurgence with the announcement of several new locations and a few different licensing agreements to move beyond toys, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
FSB: Tech Giants Will Shake Up Financial Industry
February 14, 2019

The Financial Stability Board (FSB), a global finance regulator, warned that the proliferation of eCommerce giants like Facebook, Amazon, Alibaba and Apple in the financial sector is expected to continue and will disrupt the industry, according to a report. Get the Full Story Complete the...