News

Retail
Uber Ups Its Game With Scooters
July 02, 2019

One of the biggest stories in retail continues to be Uber’s effort to move well beyond its core offering of automotive ridesharing. Now the company, recently off its initial public offering (IPO), reportedly is “ showing JUMP bikes, scooters and Lime scooters in the main map...

Retail
How Online Platforms Aim To Bring On-Demand Delivery To Airports
July 02, 2019

Some entrepreneurs are inspired by their own travels to start companies: AtYourGate Founder and CEO PJ Mastracchio got the idea to launch his firm after traveling for business, which isn’t always as luxurious as it appears. “I often found myself hungry” and with “limited choice,”...

Retail
Nike Pulls Early American Flag Sneaker Due To Symbolism Concerns
July 02, 2019

After former San Francisco 49ers quarterback and activist Colin Kaepernick told Nike Inc. that it should not sell a shoe with a symbol that he and others believe to be offensive, the sportswear company pulled a sneaker that showed an early American flag. In celebration...

Retail
Budweiser Brewing Co APAC Prepares For IPO
July 02, 2019

In what could be the biggest initial public offering (IPO) this year to date, Anheuser-Busch InBev SA’s Asia-Pacific unit is aiming to raise up to $9.8 billion. Budweiser Brewing Co. APAC Ltd. has reportedly begun to take orders for the offering, which is said to make...

Banking
Do Bigger Budgets Mean More Innovation?
July 02, 2019

Smaller banks and large financial institutions have been subject to a paradox where smaller banks are known to be more consumer-friendly, but the trade-off has been that they are slower to innovate than larger FIs. Get the Full Story Complete the form to unlock this...

Banking
NCR Acquires D3 Technology
July 02, 2019

FinTech firm NCR Corporation has acquired D3 Technology Inc., an online and mobile banking specialist for the large financial institution (LFI) market. The acquisition of D3 will serve to expand NCR’s digital banking footprint into new segments, including large U.S. banks and, eventually, international banks...

B2B Payments
APIs For FinTech Firms And Installment Plans
July 02, 2019

Programming innovations are making inroads, and are used by FinTech firms and banks to offer financial services to corporations and consumers. This week’s news touched on banking in South Korea and consumer lending, as Visa tests its installment payment program.

B2B Payments
Amazon Business Prime Hits UK Market
July 02, 2019

Ahead of Prime Day this year, Amazon is introducing Business Prime in the U.K., according to reports on Monday (July 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Tech Stumbles As Banks’ Compliance Pressure Rises
July 02, 2019

When reports last week in the Financial Times (FT) highlighted the thousands of offshore bank accounts frozen by Lloyds Banking Group, the news thrust the issue of anti-money laundering (AML) into the global spotlight, once again, as banks ramp up efforts to comply with more...