News

Payments Innovation
PayPal Shares Jump On Positive Venmo, Earnings News
October 19, 2018

Following a third-quarter earnings and revenue beat as well as a strong quarter for Venmo, shares of PayPal jumped 9 percent on Friday (Oct. 19). The stock reached highs over $86, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...

Point of Sale
Want To Win With Payment Terminals? Get Intimate.
October 19, 2018

In a sense, the ongoing battle for point-of-sale supremacy involves intimacy. 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 newsletter, PYMNTS Today. By completing...

Retail
JD.com To Add Parcel Delivery Service
October 19, 2018

To take advantage of its warehouse and driver network, JD.com plans to add a parcel delivery service to its lineup. The offering would let individuals and businesses in three Chinese cities – Guangzhou, Shanghai and Beijing – send packages around China, Reuters reported. Get the...

Retail
Thread On Building Better Bespoke Services For Menswear
October 19, 2018

Men, conventional wisdom indicates, enjoy shopping for clothing somewhat less than women, and on the whole they care less about what they wear. Men are not shoppers – or so the stereotypes tell us. Get the Full Story Complete the form to unlock this article...

Retail
Alsea Will Operate Some Starbucks Locations In Europe
October 19, 2018

While Starbucks aims to streamline its operations in places that are seeing challenges with sales, the coffee chain plans to give a longtime partner the rights to operate cafes in four European markets. Mexico’s Alsea SAB will receive the rights for Belgium, Luxembourg, France and...

Retail
Rent The Runway Sets Up Drop Boxes Across U.S.
October 19, 2018

Rent the Runway announced that it is setting up drop boxes at 15 WeWork locations across the U.S. 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...

B2B Payments
Invoice Fraud Hits Microsoft?
October 19, 2018

Invoice fraud — changing details so that money is routed to fraudsters’ bank accounts — may have hit Microsoft through one of its own employees. Elsewhere, Patisserie Valerie finds a huge cash shortfall, and a new report details that payments fraud seems inexorably on the rise.

B2B Payments
VCs Back Startups’ Solutions For Siloed Enterprise Data
October 19, 2018

Though B2B FinTech firms looking to disrupt small business (SMB) banking and expense management made some noise this week, the real focus for B2B venture capitalists (VCs) centered on the data analytics space, particularly as businesses struggle to capture the data they need as it’s...

B2B Payments
Shipwell On Driving Logistics Innovation Through Connectivity
October 19, 2018

Efforts to disrupt the logistics and freight industry have multiplied in recent years, particularly with the emergence of technologies like the Internet of Things and blockchain. These tools often promise to disrupt the way goods move through the supply chain, but in the U.S., an...