News

Retail
Platforms That Give Travelers’ Luggage Local Sanctuary
July 18, 2019

To help travelers and locals navigate cities without needing to lug around their bags, digital platforms are connecting consumers with businesses for luggage and bag storage. One example is Bounce, which offers luggage storage in local hotels and shops. CEO Cody Candee started the company...

Retail
Restaurant And Delivery Provider Partnerships Prove Fickle
July 18, 2019

The competition among mobile ordering apps for share of stomach is fierce and shows no signs of letting up. According to the latest Mobile Order-Ahead Tracker, the volume of orders placed via mobile apps increased 130 percent between 2016 and 2018, and mobile orders now...

Retail
Dean & DeLuca Closes Stores Due To Increasing Competition
July 18, 2019

Gourmet grocer Dean & DeLuca continues to struggle due to increasing competition. 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 daily newsletter, PYMNTS Today. By...

Retail
Curaleaf To Acquire GR Companies To Create World’s Largest Cannabis Co.
July 18, 2019

Cannabis operator Curaleaf Holdings has announced it will acquire GR Companies (“Grassroots”), the largest private vertically integrated multi-state operator, in a cash and stock deal valued at around $875 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Skalable Technologies Debuts AI Invoice Processing Tool
July 18, 2019

Skalable Technologies announced Wednesday (July 17) the launch of Skalable Stream, an accounts payable (AP) automation solution. 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...

B2B Payments
Why Corporates Must Be Weary Of Crypto’s Fraud Risks
July 18, 2019

In corporate payments, crypto was — and often still is — questionable. Though innovators and analysts often turned toward bitcoin’s underlying infrastructure, blockchain, as the real source of opportunity to address B2B payments friction, cryptocurrency itself was rarely discussed as a viable option to do...

B2B Payments
Tardy UK Firms Suspended From Prompt Payment Code
July 18, 2019

The U.K.’s Chartered Institute of Credit Management (CICM) has named-and-shamed some of the nation’s largest organizations for their habit of failing to pay their suppliers on time, reports in The Wall Street Journal said on Wednesday (July 17). Get the Full Story Complete the form...

B2B Payments
RoadSync Streamlines Logistics Payments With QuickBooks
July 18, 2019

Logistics payments platform RoadSync is syncing into QuickBooks to boost transaction efficiency 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 required. yesSubscribe to our daily newsletter,...

Regulation
Why ING Is Taking A Platform Approach To PSD2 And Open Banking
July 18, 2019

As the second Payment Services Directive (PSD2) brings more third parties into the European financial world, banks are seeing a shift in their relationships with customers. To withstand the shift, banks must get creative and evolve their platform offerings to include products from competing players,...