News

Investments
Warehouse And Logistics Startup Flexe Raises $43M
May 07, 2019

A Seattle-based startup that manages an on-demand warehouse marketplace has raised $43 million in a Series B funding round, according to reports. Flexe has found a niche that will help its efforts to wrest marketplace control away from Amazon and provide customers with an alternative...

Security & Fraud
Freedom Mobile Exposes Data On Thousands Of Customers
May 07, 2019

Freedom Mobile, the Canadian wireless carrier, reportedly exposed its customers’ data and took a week to fix the security lapse after being alerted to it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
CFPB Proposes Implementation Of Fair Debt Collection Practices Act
May 07, 2019

The Consumer Financial Protection Bureau (CFPB) announced on Tuesday (May 7) that it has introduced a proposal to implement the Fair Debt Collection Practices Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
How Crowdfunding Is Changing Wedding Gifting Etiquette
May 07, 2019

For couples planning weddings this spring, the big day may get the majority of their focus, but the honeymoon will command a large share of their spend. Among couples that opt for a traditional wedding (defined in this case as any non-elopement), nearly all will...

Retail
Can Air Travel Ticketing Subscriptions Take Off?
May 07, 2019

Travelers have purchased individual airline tickets for years, but digital innovators are allowing them to buy a set number of one-way trips ahead of time. Take Wanderift, which provides this opportunity to customers who purchase a subscription. Zachary Burau, the company’s founder, told PYMNTS in...

Retail
Amazon Go Comes To New York City
May 07, 2019

To bring its cashierless store concept to the Big Apple, Amazon plans to open an Amazon Go store this week to the public. The store will be located on the second level of a shopping mall at Brookfield Place in the city’s downtown, CNBC reported....

Retail
Walmart Opening Online Pet Pharmacy, Expanding In-Store Pet Clinics
May 07, 2019

To bring in more of the consumers who pay billions of dollars a year on their pets, Walmart is rolling out an online pet pharmacy and opening additional veterinary clinics. The retailer plans to bring its number of clinics to 100 from the current 21...

Mobile Payments
Small QSR Managers Satisfied With Mobile Order-Ahead
May 07, 2019

As Small Business (SMB) Week kicks off, small business owners are generally optimistic about the future. A majority (54.0 percent) expect revenue increases, a slightly higher number than felt the same enthusiasm this time last year. Get the Full Story Complete the form to unlock...

B2B Payments
How APIs Boost The Integrity Of SMB Financing Data
May 07, 2019

Know Your Customer (KYC) regulatory requirements are frequently cited as a top — if not the top — challenge for banks. However, for non-bank lenders, those compliance burdens can be just as high, and many players lack the back-office technologies necessary to manage the deluge of data...