News

Retail
How QSRs Enable Digital Options With Rapid Order-Ahead Growth
June 20, 2019

In an era of restaurant technology that provides diners with many choices, mobile order-ahead is more popular than ever with consumers. Quick-service restaurant (QSR) consumers, for instance, are tapping into digital apps to make purchases over twice as often as they did just two years...

Retail
Alibaba, JD.com To Offer Consumer Shopping Data To Retailers
June 20, 2019

Through an Alibaba Group Holding Ltd program that offers years of shopping history for consumers, Bestore Co Ltd intends to connect technology for facial recognition with the online retailer’s account data. Assistants in the snack food chain’s stores will have the ability to see the...

Retail
Brazil’s GPA Launches B2B eCommerce Platform
June 20, 2019

Brazilian food retailer GPA is planning to launch a new business-to-business eCommerce platform in an effort to double its customer base by the end of 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Lululemon Shutters Menswear Stores
June 20, 2019

Lululemon has quietly closed its men’s standalone stores in New York City and Toronto. 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...

Partnerships / Acquisitions
Uber Looks To Buy AI Startup For Self-Driving Tech
June 20, 2019

Sources are saying that Uber wants to acquire Seattle startup Mighty AI. 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...

B2B Payments
Trade Ledger Launches Invoice Finance-as-a-Service
June 20, 2019

Open Banking platform Trade Ledger is introducing an invoice financing solution for banks and alternative lenders, the company announced this week. 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
UBS Launches SMB Cards To Separate Business Spend
June 20, 2019

UBS Bank USA is rolling out a new suite of commercial card products for its small business (SMB) customers, according to Bankrate reports this week. The co-branded Visa corporate cards will offer small businesses a range of choices, including the UBS Visa Infinite Business card,...

B2B Payments
CYBG Rebrands To Virgin Money Name In SMB Pursuit
June 20, 2019

The Clydesdale and Yorkshire Banking Group (CYBG) brand is going into retirement after its merger with Virgin Money, which will have its name lead the revamped U.K. financial institution (FI), reports in the BBC said on Wednesday (June 19). Get the Full Story Complete the...

Cross-Border Efforts Ripple (Literally) Through Cryptos And Payments
June 20, 2019

Libra topped headlines, spurring debate over crypto’s role in eCommerce. However, beyond Facebook’s announcement were several other initiatives, also designed to speed digital transactions across borders, from Ripple’s new wave with MoneyGram to mobile account top-offs in India.