News

eCommerce
Robots Are Gaining More Power In Grocery (And Delivery)
March 01, 2019

Robots, including those working in retail, “shipped to North American companies in record numbers last year,” according to a new report from the Robotic Industries Association. The new numbers underscore the advance of automation in commerce, though there are still significant question about how these...

Digital Banking
Revolut’s CFO Departs Amid AML Saga
March 01, 2019

Amid controversy around an anti-money laundering system, Revolut CFO Peter O’Higgins resigned from the firm. O’Higgins didn’t mention the issue in his resignation statement, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Gap Inc. Plans Big Channel Changes Amid Evolving Retail Landscape
March 01, 2019

As Gap Inc. looks to improve the channel mix of its eponymous brand and shutter specialty stores, the retailer beat analysts’ earnings estimates but fell short on top-line revenues for the fourth quarter of 2018. The retailer reported revenues of $4.62 billion and earnings per...

Retail
Retail Pulse: DSW Expands In-Store Experiences; L Brands Plans Store Closures
March 01, 2019

Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. DSW, for instance, is growing its W Nail Bar partnership to offer services such as manicures and pedicures in more U.S. markets, aiming to generate repeat visits as part of its experiential retail efforts....

Retail
goPuff: Making Convenience More Convenient With Delivery
March 01, 2019

It’s happened to almost everyone at some point in their lives: They are up in the middle of the night working on a school project/work project/watching over a sick child, when two unfortunate realities become apparent at the same moment. The first is that they...

Retail
Tesla Plans Move To eCommerce Sales Model
March 01, 2019

In an effort to transition to an eCommerce sales platform, Tesla announced its move to an online-only sales model. The company’s CEO, Elon Musk, noted that the move would lower costs and enable the Model 3 to arrive on the market, CNET reported. Get the Full...

Deep Dive: Security In The Time Of Faster Payments
March 01, 2019

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 form, you agree to receive marketing communications from PYMNTS and...

B2B Payments
HighRadius Links AR Data To Collections
March 01, 2019

Order-to-cash Software-as-a-Service company HighRadius is addressing organizations’ collections struggles with a new data exchange solution. 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,...

B2B Payments
Kabbage: Small Business Owners Not Paying Themselves
March 01, 2019

Cash flow management challenges can burden small business owners struggling to pay vendors and employees, but a new report from Kabbage finds that entrepreneurs often go unpaid themselves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...