News

Amazon Profile
How Kroger Is Taking On Amazon With Smart Shelves
January 18, 2019

Kroger’s smart shelving pilot is in its very early phases. The massive grocery conglomerate, which is the parent firm behind some 2,780 stores in the U.S., has so far fewer than 100 stores carrying the digitally-equipped shelves Kroger co-developed with Microsoft. Get the Full Story...

Retail
Following Second Bankruptcy, Gymboree Plans To Close
January 18, 2019

Amid less expensive destinations for kids’ online clothing and declining traffic in malls, Gymboree Group Inc. plans to close following its second bankruptcy. The retailer, which has just under 950 locations, filed for protection from creditors in the U.S. Bankruptcy Court for the Eastern District of...

Retail
Rent The Runway Launches New Designer Line
January 18, 2019

Rent the Runway has launched a set of exclusive new clothing lines created by designers Derek Lam, Prabal Gurung and Jason Wu. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Study Sees BEC Scams Gaining Ground
January 18, 2019

New year, and perhaps new fears for executives as fraudsters look to siphon off payrolls of unsuspecting firms via email scams, according to research from Agari. Other studies show that expense audits are only done sporadically, with the implication that much fraud goes unnoticed.

B2B Payments
Shutdown Halts Payments To Government Contractors
January 18, 2019

The record-breaking government shutdown is at the center of debate, largely for its impact on unpaid government workers. However, reports in Bloomberg point to another community struggling to get paid as a result: government contractors. Get the Full Story Complete the form to unlock this article...

B2B Payments
JPMorgan Consolidates SMB, Enterprise Payment Operations
January 18, 2019

JPMorgan Chase is planning the consolidation its corporate payment operations by combining small business (SMB) and large enterprise solutions, the Financial Times (FT) reported on Thursday (Jan. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Blockchain Tries To Jolt B2B eCommerce Into The Digital Age
January 18, 2019

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. While that characteristic can be an argument for why it is imperative that B2B commerce goes digital, it’s also one of the biggest reasons why the...

B2B Payments
B2B eCommerce A Favorite Among Investors
January 18, 2019

With more than $65 million placed with B2B FinTech firms this week, it wasn’t the most lucrative roundup for the industry. Yet, venture capitalists revealed revamped interest in the B2B eCommerce and procurement spheres, exploring technologies like blockchain to enhance supply chains and the buyer-supplier...

B2B Payments
Mastercard In Control Integrates With MineralTree
January 18, 2019

Mastercard‘s commercial card spend management solution In Control has been integrated into the accounts payable (AP) automation platform of MineralTree, the companies said in a press release on Thursday (Jan. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...