News

Retail
Daily Harvest Pops Up In Manhattan
November 01, 2018

When one looks at the statistics on American eating habits, two things become pretty clear. The first is that, on average, Americans are not particularly good about managing their diets. More than a third are classified as obese, and about 80 percent eat fewer fruits...

Retail
Cashierless Stores Take Seattle Grocery Cues To Asia
November 01, 2018

Thousands of miles from Seattle, where Amazon Go opened in January, the cashierless checkout model is taking hold in other parts of the world. Singapore, in particular, recently saw the opening of a supermarket that uses digital payment technology to allow consumers to pay for...

Retail
How Uber, Instagram And GUESS? Are Driving Platform Payment Innovation
November 01, 2018

To meet the demands of consumers hungry for digital payment options, a growing number of online platforms are changing the way that consumers pay for their services. They are expanding their payment choices, as, at the same time, brick-and-mortar retailers are opening up to a...

Retail
Online Spending Could Top $124B Over The Holidays
November 01, 2018

Amid a change in shopping habits from brick-and-mortar to eCommerce, online spending is expected to reach $124.1 billion this holiday season — an increase of 14.8 percent. That percentage is expected to be much higher than the 2.7 percent growth forecasted for traditional stores, Reuters...

Banking
Vietnam’s Largest Bank May Soon Open US Branch
November 01, 2018

Vietnam’s biggest bank has made a significant step in becoming the first Vietnamese bank to open a branch in the United States. According to Reuters, Vietcombank has received approval from the U.S. Federal Reserve, and an agreement in principle from the New York State Department...

B2B Payments
European CFOs Scramble To Issue Debt Ahead Of Brexit, ECB Changes
November 01, 2018

European chief financial officers are issuing more debt as they brace for market volatility ahead of Brexit and changes coming from the European Central Bank (ECB), The Wall Street Journal (WSJ) said Wednesday (Oct. 31). Get the Full Story Complete the form to unlock this article and...

B2B Payments
Wirecard, Spendit Expand Employee Card Reach Across Europe
November 01, 2018

Payments company Wirecard is broadening its existing partnership with Spendit to launch employee spend and benefits solutions across Europe, beginning with the expansion of its SpenditCard in the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Yooz Taps SnapCheck To Digitize Checks In Accounts Payable
November 01, 2018

Invoicing and payments Software-as-a-Service company Yooz has struck a strategic partnership with SnapCheck to address the friction of companies paying suppliers by check. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Cannabis Logistics Finds Opportunity In Uncharted Territory: WAYV
November 01, 2018

FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. In the rare instance that a new market emerges, using the blueprints that other industries have created in supply chain management, logistics, procurement and other...