News

Retail
How fiid Wants To Deliver Fast, Easy Vegan Meals For ‘Hopeless Cooks’
February 28, 2019

While not every food startup is owned by a chef, the words “hopeless cook” don’t come up all that often among culinary entrepreneurs, generally speaking. But it is how fiid founder Shane Ryan describes himself – in fact, he notes that his total inability to cook...

Retail
Are Robots Last-Mile Delivery’s Future?
February 28, 2019

To provide retailers with an automated option for last-mile deliveries, shipping carriers are entering the world of robotics technology. FedEx, for instance, recently unveiled its FedEx SameDay Bot concept, which the carrier said is in development with DEKA Development & Research Corp. along with DEKA Founder...

Retail
How Digital Ticket Marketplaces Are Going Into Overtime
February 28, 2019

Digital marketplaces are zeroing in on customers looking to score last-minutes ticket to events. Gametime, a platform that connects buyers and sellers, has started building a mobile experience for ticket sales to sports games, concerts and other events. To further this focus, the company has...

Retail
Victoria’s Secret To Shutter 53 Brick-And-Mortar Stores
February 28, 2019

As L Brands cuts back on investments in new and renovated stores, the intimates retailer plans to close approximately 53 Victoria’s Secret locations this year. The retailer closes an average of around 15 stores annually and has 1,143 stores around the globe overall, CNBC reported. Get the...

Faster Payments
How Swifter Sports Payments Keep The (Soccer) Ball Rolling
February 28, 2019

It turns out that fast, convenient payments (or the lack thereof) are often the deciding factor for which games highly in-demand referees decide to work in the $17 billion youth sports industry. In this month’s Faster Payments Tracker, organized athletics tech provider Stack Sports' CEO...

Retail
Marshalls Set To Launch eCommerce Business In 2019
February 28, 2019

TJX-owned Marshalls is launching an eCommerce business later this year. 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 this...

Partnerships / Acquisitions
ACI To Purchase Western Union’s Speedpay Business
February 28, 2019

ACI Worldwide has announced a deal with The Western Union Company that will see ACI acquire Speedpay, Western Union’s United States bill pay business, for $750 million in an all-cash transaction. The combined ACI-Western Union business will service over 4,000 customers across the U.S. and...

B2B Payments
Visa, PayMate Broaden Partnership For B2B Digital Payments
February 28, 2019

PayMate, a B2B digital payments company based in India, has broadened its partnership with Visa to include businesses in the Central and Eastern Europe, Middle East and Africa (CEMEA) area, according to a report. Get the Full Story Complete the form to unlock this article...

B2B Payments
Wirex Rolls Out Beta Version Of Crypto Business Account
February 28, 2019

Wirex, a cryptocurrency and fiat (real money) payments platform, is releasing a beta version of a regulated crypto-oriented business account, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...