News

Retail
Mega Millions Winning Ticket Could Come Via Payment Card
October 23, 2018

Payment cards could play a role in making somebody, or a group of people, insanely wealthy tonight via the $1.6 billion Mega Millions drawing scheduled for 11 p.m. ET Tuesday night (Oct. 23). That’s because some states have loosened their restrictions on letting consumers buy...

B2B Payments
Amazon Card Payment Launches Amex SMB Card, New Prime Features For Biz
October 23, 2018

Amazon Business is bolstering its services for small businesses through a new co-branded commercial card with American Express as well as enhanced Prime features for business users. In an announcement Tuesday (October 23), American Express introduced the Amazon Business American Express Card, offering businesses a...

Investments
Visa Invests In Brazil Payment Co Conductor
October 23, 2018

Visa, the payments company, announced Tuesday (October 23) a strategic minority investment in Conductor, a digital payments processing technology platform in Brazil. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Walmart Expands Free Two-Day Shipping
October 23, 2018

Aiming to increase the number of items that can be shipped in two days, Walmart announced Tuesday (Oct. 23) that it is working with its marketplace sellers to make millions of products available for free two-day shipping without the need for a membership fee. Get...

Retail
Fourpost’s Plan To Revamp Physical Retail
October 23, 2018

The problem with contemporary physical retail, according to Fourpost Founder and CEO Mark Ghermezian, is that it has simply failed to keep pace with direction and push of modern retail. Consumers have seen everything brick-and-mortar has to offer as of 2018, and it seems that...

Retail
Grocers Consider Checkout Line-Free Future With Unattended Retail
October 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. From North America to China, the concept is gaining ground...

Retail
Analyst Cuts Amazon Estimates Amid Potential USPS Rate Hike
October 23, 2018

With a potential increase in U.S. Postal Service fees on the horizon, Credit Suisse Analyst Stephen Ju is reducing his estimates for the near term on operating profit. His pro forma earnings per share estimate is now at $34.99, which is down approximately 19 percent, CNBC...

Global Payments
Tipalti Announces Seamless Integration With Intuit QuickBooks Online
October 23, 2018

Tipalti has announced that its supplier payments automation solution is now integrated into Intuit QuickBooks Online. The global payments automation firm reported the new development in a press release on Tuesday (October 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Amazon’s HQ2 Hunt Has Real Estate Investors Making Bets
October 23, 2018

Even before Amazon names the city where it will put its second headquarters, investors are already looking for cash commitments and capital to invest real estate ahead of the announcement. Some investors are even purchasing shares in a firm that owns real estate in a city...