News

Retail
Taking Pet-Friendly Into Next-Level Digital With IoT Dog Houses
May 08, 2019

Some entrepreneurs start companies based on experiences with their own pets. DogSpot Co-Founder and CEO Chelsea Brownridge, for instance, began her company because of her dog Winston. While she likes to get him out of the house as much as possible, there were times when she...

Retail
When Subscription Merchants Innovate With Plan Features
May 08, 2019

To make life easier for their customers, many businesses are adopting the subscription business model. From consumer goods and hardware to eCommerce and internet of things (IoT), innovators are allowing shoppers to have products and offerings regularly delivered to them. Get the Full Story Complete...

Retail
Analysts Forecast Positive Tailwinds For Jumia
May 08, 2019

With the potential for the adoption of online shopping, analysts are optimistic about Jumia Technologies Inc.’s future and have found positive tailwinds for growth. While eCommerce penetration is approximately 20 percent for China, it is reportedly much lower in Africa at only roughly 0.5 percent...

eCommerce
The Conversion Gap Is Closing Between Top And Bottom Online Retailers
May 08, 2019

The online checkout process can make or break the shopping experience. Cart abandonment is common and costly. 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
Mint Corp Shares Cease Trading After Late Filings
May 08, 2019

Human resources and payroll solutions provider The Mint Corporation issued a press release on Tuesday (May 7), notifying investors that the trading of its shares on Toronto’s TSX Venture Exchange has been halted. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Hertz Sues Former Execs Following SEC Settlement
May 08, 2019

Rental car company Hertz is suing some of its former executives after a $16 million settlement of financial accounting violations with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Starbucks Eyes Supply Chain Tracking Via Blockchain
May 08, 2019

Starbucks seeks to track its supply chain with a bit more transparency through blockchain, from farm to cup. Meanwhile, the Monetary Authority of Singapore sees potential through the use of blockchain for cross-border payments.

B2B Payments
Federal Reserve Voices Concern Over Corporate Debt
May 08, 2019

Record levels of corporate debt in the U.S. have caught the attention of the Federal Reserve. According to Reuters on Tuesday (May 7), the Fed released its latest financial stability report and warned that U.S. share prices are “elevated,” while pointing to “historically high” corporate debt...

B2B Payments
Lawsuit Accuses FLEETCOR Of Anticompetitive Payment Processing
May 08, 2019

A lawsuit filed this week by Gas Pos, a fuel station point-of-sale startup, is accusing fleet card company FLEETCOR of anticompetitive behavior and adding to the growing controversy over fees associated with processing and using fleet cards. Get the Full Story Complete the form to...