News

Partnerships / Acquisitions
Salesforce Buys Tableau Software For $15.7B
June 10, 2019

Customer relationship management (CRM) company Salesforce will acquire analytics platform Tableau Software in an all-stock deal, the companies announced Monday (June 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Walmart’s Jetblack Sees Two-Thirds Of Shoppers Engage Weekly
June 10, 2019

Following the rollout of Walmart’s Jetblack personal shopping service last year, two-thirds of customers reportedly engage with the service weekly. They are also said to spend an average of $1,500 monthly on purchases through Jetblack, according to reports. Get the Full Story Complete the form...

Retail
Saving The World By Serving Up Bugs
June 10, 2019

On average, each human being consumes 75 pounds of meat per year. But, like most averages, that number can be somewhat deceiving. Americans and Australians, the world’s biggest meat consumers, eat closer to 220 pounds of meat per year, or about 50 chickens or an...

Retail
Why Robotization Is Critical To Amazon’s One-Day Shipping Vision
June 10, 2019

Cathryn Kachura is a a “flow control specialist” at Amazon’s Denver, Colorado sortation center, an extra-large warehouse that is informally known as the “robot highway.” Flow control specialists are the traffic agents on the highway, and their job is to keep real-time track of the...

Retail
How The Sharing Economy Is Changing Online Sales
June 10, 2019

The sharing economy has transformed the way consumers get transported from point A to B, how they rent vacation homes, how they get food delivered and, increasingly, how they shop. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Walmart Swaps Out Stepstools To Save At Least $30M
June 10, 2019

With small moves that have a big impact, Walmart can save significant money given its large size. The retailer, in one case, could save a minimum of $30 million during the year by swapping out the stepping stools in its distribution centers with a version...

Regulation
Senators Urge CFPB To Reconsider Debt Collection Overhaul
June 10, 2019

A group of senators is urging the Consumer Financial Protection Bureau to reconsider a recently proposed overhaul of debt collection practices that among other things let collectors send unlimited electronic communications to consumers spanning emails and texts. Get the Full Story Complete the form to...

B2B Payments
‘Scattered Canary’ BEC Scams Aim At US Firms
June 10, 2019

From a one-man shop committing check fraud on Craigslist to a sophisticated multi-fraudster committing BEC scams, the rise of Scattered Canary has been startling. Elsewhere, in the U.K., one instance of fraud was intended to show a business the weakness of its payments oversight.

B2B Payments
The Public Sector Takes The Lead On eProcurement
June 10, 2019

Government procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s eProcurement project following reports of surging costs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...