News

Retail
How FinTechs Tackle Interoperability With New Public Standards
June 17, 2019

Sometimes there are two approaches to the same problem in FinTech: EMVCo’s recently released EMV Secure Remote Commerce (SRC) Specification version 1.0 promises to enable many more seamless retail transactions, and the World Wide Web Consortium (W3C) Payment Request application programming interface (API) aims to...

Retail
Walmart Adds ‘Delivery Unlimited’ Grocery Offering
June 17, 2019

Walmart is making the latest entry into the grocery delivery wars — now an active battleground between Walmart, Amazon and Target for who can get the groceries to consumers door, fastest and for the least money. Walmart’s latest offering is “Delivery Unlimited” subscription, which will offer...

B2B Payments
Late Payments On The Campaign Trail
June 17, 2019

It’s not just large businesses that pay late. Even presidential campaigns at times have dragged their feet on paying for services in a timely manner. Separately, eInvoicing mandates gather steam across far flung global corners.

B2B Payments
For Gig Workers and Entrepreneurs, Business Banking Done Digitally
June 17, 2019

Entrepreneurs and the smallest and youngest of companies — freelancers, too — need access to business services.  Amaiz CFO Steve Taklalsingh tells PYMNTS why banking over smartphone, driven by apps, can help cut down on paperwork and boost cash flow.

Payment Methods
Discover Makes All Deposit Accounts Fee-Free
June 17, 2019

Discover Financial Services said Monday morning (June 17th) that it has ended fees on deposit accounts. 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...

Retail
Target Says Weekend Outage Due To NCR Glitch
June 17, 2019

Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant it couldn’t process cards or other forms of payment. The complication caused long lines and wait times in the store, and the company placed the blame on an...

Digital Banking
Citi: Scaling Open Banking Starts With Incentives And API Aggregation
June 17, 2019

Open banking is nothing if not a lot of moving parts and complications. But could merchant incentives help fuel this ongoing effort at digital payments innovation? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Arzooo Raises $1M To Expand In India
June 17, 2019

B2B eCommerce platform Arzooo has raised $1 million (around Rs 6.95 crore) in a pre-Series A round of 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...

B2B Payments
WESCO Partners With Plug And Play On B2B Accelerator
June 17, 2019

WESCO International has announced that WESCO Distribution has partnered with Silicon Valley-based startup Plug and Play to launch their newest accelerator, B2B Sales and Distribution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...