Seven years ago, Gusto Co-founder and CEO Josh Reeves wasn’t thinking about how he could disrupt the payroll industry. He wasn’t really thinking about payroll at all, he told Karen Webster in a recent conversation. He was thinking about the human brain. Get the Full...
Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes a 41-month prison sentence for a bitcoin trader, Starbucks mulling a bitcoin project, Barclays investing in an alternative lender, Discover naming a new chief executive...
Talk about interesting delivery mashups: Starbucks and Alibaba partner to enable the delivery of Starbucks products to Chinese consumers as part of a deal that includes such Alibaba properties as Taobao, Alipay, Tmall, Hema and Ele.me. Get the Full Story Complete the form to unlock...
Millennials, on average, are less brand-loyal than their parents or older siblings. They tend to like quality, have a strong preference for shopping online and enjoy a good bargain – but when it comes to buying from a specific brand? Not so much. Get the Full Story...
Brookstone, a specialty retailer known for massage chairs and gadgets, used to be a must-see mall retailer. But shopping malls aren’t nearly as busy as they once were, and, with declining foot traffic in U.S. malls, Brookstone is now the latest major brick-and-mortar retailer to announce...
To help fuel its growing subscription business, refinance debt and widen its operations, Rent The Runway has linked up with Temasek for a credit facility of $200 million. The retailer’s subscription business, in particular, has grown 150 percent year over year since its rollout, according...
Blockchain company Stratis announced this week it has developed a wallet that supports cryptocurrency payments for corporates. 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...
Barclays is the next traditional financial institution to strike a partnership with an alternative lender, announcing Thursday (Aug. 2) that it has invested in small business lending platform MarketInvoice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
B2B FinTech enjoyed one of its busiest and most lucrative weeks this year so far. In addition to acquisitions — like Barclays’ minority stake in MarketInvoice and Certify’s takeover of Abacus — venture capitalists pumped new funding into the field, with many rounds reaching nine...
