News

Retail
How Bridge Millennials Are Reinventing The Gas Run
August 02, 2018

How does the first generation of connected consumers with spending power buy their gas? The same way anyone does — with a credit or debit card. But that’s not how they want to — and brand new data from a study of 10,000 of those...

B2B Payments
Putting B2B Payments’ Biggest Fallacy In Context
August 02, 2018

Speed? Not the most important thing when it comes to B2B payments. Turns out transparency is king, and according to Barry Rhodes, EVP and head of payments at iGTB, FIs would do well to put the history of a payment in context, to know where...

News
Five at Five: Ride Hailing Service Grab Set For New $1B Investment
August 01, 2018

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Stories include Southeast Asia ride-hailing service Grab on the verge of a huge investment, Huawei knocking off Apple in smartphones, Royal Bank of Scotland getting a reprieve,...

Mobile Payments
WhatsApp’s Expanding Payments Footprint
August 01, 2018

As of Wednesday (August 1) South Africa’s Absa Group officially rolled out WhatsApp banking as part of its continuing effort to develop a digitally-led bank in Africa. Absa has signed on 10,000 customers since early July, according to Reuters. Get the Full Story Complete the...

Retail
Project Repat And A Second Life For Old Shirts
August 01, 2018

Many of us have faced the day when we realized our T-shirt collection has run out of control. Sure, you could throw out those shirts, or if they happen to be in servicable condition donate them to the Salvation Army — but it’s not always...

Loyalty & Rewards
J. Crew Launches Its First Rewards Plan To Win Back Shoppers
August 01, 2018

J.Crew has launched its first rewards program in a bid to lure back shoppers. 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...

Retail
How Local Food Delivery Aggregators Compete With Larger Platforms
August 01, 2018

For every Uber Eats or Seamless, there are small food delivery platforms competing in cities across the U.S. on customer service, local knowledge and restaurant fees. In Richmond, Virginia, for example, Chop Chop allows diners to choose from a menu of 50 to 60 restaurants...

Retail
Starbucks Opens Princi Bakery In Seattle
August 01, 2018

In a second run at the bakery business, Starbucks has opened the doors to a brick-and-mortar location of Princi bakery and café in the U.S. The coffee chain had previously shuttered all of bakery chain La Boulange’s locations after acquiring the company in 2013, Chain Store...

Retail
Zara Now Offering Online Shipping From Stores
August 01, 2018

Zara is now enabling its stores to ship online purchases in an effort to boost sales of full-priced items. 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...