News

Partnerships / Acquisitions
Walmart Buys Israeli Startup Focused On Natural Language Processing
February 26, 2019

Walmart announced Tuesday (Feb. 26) it has acquired Aspectiva, the Israel-based startup that is focused on natural language processing capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
When The Appliance Is Meal Kit Services’ Key Ingredient
February 26, 2019

As meal kit providers are promising easy-to-cook recipes, some startups are designing their services around specific appliances. Presto Eats, for example, is creating selections with multicookers in mind. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Reinventing The Baby Care Market With Exclusive ‘Premium’ Brands
February 26, 2019

Major retailers are pitching premium baby care products at a less-than-premium price tag with the help of exclusive brands: Walmart is offering Hello Bello exclusively at its stores and its website (and that of the brand). The brand seeks to position itself as a value-oriented...

Retail
Foot Locker Backs Rockets Of Awesome With $12.5M Investment
February 26, 2019

In the latest of a series of investments, Foot Locker backed children’s clothing brand Rockets of Awesome with $12.5 million in funding. The brand will start selling on the retailer’s children’s website and bring mini-stores to Kids Foot Locker venues, CNBC reported. Get the Full Story...

B2B Payments
Crypto Fails To Impress For Corporate Tax Payments
February 26, 2019

When the state of Ohio partnered with cryptocurrency company BitPay last year, it meant the state would become the first in the U.S. to allow businesses to pay their corporate taxes in bitcoin. In an interview with CNBC at the time, Ohio’s then-State Treasurer Josh...

B2B Payments
OakNorth Links To Faster Payments Via ClearBank
February 26, 2019

U.K. challenger bank OakNorth is teaming up with ClearBank, allowing OakNorth to link into the Faster Payments Scheme. 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...

B2B Payments
Payoneer Adds Financing Tool For Amazon, Walmart eSellers
February 26, 2019

Payment platform Payoneer is launching its Capital Advance service, the company announced on Monday (Feb. 25). 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
How Nonprofits Can Turn T&E Into A Donation Driver
February 26, 2019

When a company realizes it’s time to improve its corporate travel and expense (T&E) management strategy, there are a few items on the list of must-haves: Spend control, transparency and analytics are probably high on that list. Get the Full Story Complete the form to...

B2B Payments
In South Korea: Calls For Greater Bank, FinTech Collaboration
February 26, 2019

Bank and non-bank collaboration gets a boost in South Korea through an interbank payment network and sandbox. Elsewhere, individual FinTech company initiatives shine a spotlight on open banking.