News

Merchant Innovation
Can Smart Carts Make Grocery Stores Smarter?
January 22, 2019

The shopping cart has been a part of the grocery store checkout experience for nearly 152 years. It’s first use is attributed to a Midwest grocer, Humpty Dumpty. Its owner wanted a solution that allowed shoppers to move more groceries around the store easily, so...

Amazon Profile
DTC Brands Tell Amazon Thanks, But No Thanks
January 21, 2019

Amazon has been heavily courting some direct-to-consumer (DTC) brands – inviting them to its headquarters, paying for dinner and letting them fill their carts with gear from Amazon Go shops. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cross-border Payments
The Changing Trends As Davos Gets Off The Ground
January 21, 2019

As the World Economic Forum is getting off the ground in the Swiss ski resort town of Davos this week, much will be the same as in previous years, including, reports say, the “usual itinerary of glittering Champagne receptions and marquee-name panelists.” Get the Full Story...

Mobile Payments
Alipay Latest To Ride eMoney License Trend
January 21, 2019

Alipay’s latest expansion — this time, to Luxembourg — shows not only the increasing reach of the China-based mobile payments ecosystem, but also stands as the latest example of companies in payments and FinTech gaining licenses to operate in Europe. There, PSD2 was designed to...

Investments
Companies Mull IPOs Without SEC Approval
January 21, 2019

Companies that want to go public during the first part of the year are hampered by a key roadblock: The month-long government shutdown has also shuttered the Securities and Exchange Commission (SEC), which usually works with companies for months before approving an IPO. Get the...

Cross-border Payments
Alipay: Chinese Tourists Prefer Mobile Payments
January 21, 2019

Nielsen, a global information and measurement company, and financial services company Alipay teamed up to create a survey about the trends and habits of Chinese tourists. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
MarketInvoice Raises Funding To Deepen Partnerships
January 21, 2019

MarketInvoice, the FinTech, announced on Monday (Jan. 21) that it has raised £26m in new equity 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 to our...

Investments
Warung Pintar Raises $27.5M In Funding
January 21, 2019

Warung Pintar, a startup in Southeast Asia aiming to help traditional merchants digitize their businesses, has raised $27.5 million in funding. According to a report in TechCrunch citing the 18-month-old company, Warung Pintar exclusively caters to local merchants. It competes against Bukalapak, a leading startup...

Investments
Zwipe Raises $14M For Biometric Payment Cards
January 21, 2019

Zwipe, the biometrics payment company, has raised $14 million in venture funding, reported TechCrunch. 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...