News

Investments
Toyota AI Ventures Launches $100M Fund For Tech Startups
May 02, 2019

Toyota AI Ventures, the venture capital arm of Toyota, has announced the launch of Fund II, a $100 million fund that will invest in early-stage startups that are developing disruptive technology and business models in autonomous mobility and robotics. Get the Full Story Complete the...

Loyalty & Rewards
Amex Updates Blue Cash Card To Reflect Millennials’ Spending
May 02, 2019

In a sign of the times, American Express is increasing the rewards on its Blue Cash Preferred Card, announcing 6 percent cash back on U.S. streaming subscriptions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Delivery
DoorDash To Deliver To Hotels
May 02, 2019

DoorDash, the food delivery startup, announced Thursday (May 2) it has a new partnership with Wyndham Rewards to deliver food at hotels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
DIY Hair Color’s Physical Retail Migration
May 02, 2019

Hair color is big business – particularly in the United States, where 85 percent of women report coloring their hair in some fashion. How they do it varies. About 48 percent trek to a salon to have their locks dealt with by professionals, while about...

Retail
How Pet Plate Humanizes Custom Meals For Dogs
May 02, 2019

To provide customizable meal plans for dogs, eCommerce innovators are offering freshly cooked meals delivered to consumers through the subscription business model. Pet Plate, in one case, is a service based on the profile of each dog. “We develop a meal plan that fits to...

Retail
Can Meal Kit Retail Reinvent Itself?
May 02, 2019

It almost served as a milestone for meal kit retail earlier this week when, on Tuesday (April 30), Blue Apron said that, on an adjusted EBITA basis, it achieved probability “of $8.6 million in the first quarter of 2019, with an improvement of $25.8 million year over year...

Retail
Dunkin’ Runs On Mobile Innovation In Q1
May 02, 2019

With efforts to bring convenience to its guests through mobile technology, Dunkin’ Brands reported first-quarter results that beat analysts’ top-line and bottom-line earnings estimates. The quick-service restaurant (QSR) chain, which counts brands such as Dunkin’ and Baskin’ Robbins in its roster, reported revenues of $319...

Retail
7-Eleven Launches Beer Delivery In Select US Markets
May 02, 2019

Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. markets. Customers can place their beer orders via the 7Now app. A company statement revealed that a section of the app called “The Beer Necessities” will offer “everything from traditional beers to craft...

B2B Payments
The Pitfalls Of Unsustainable Supplier Payment Terms
May 02, 2019

Lengthening payment terms between corporate buyers and suppliers have built up a bad reputation in the B2B space — thanks, in part, to payment practices deployed by large entities like Carillion in a demonstration of buying power abuse over smaller vendors. Get the Full Story...