News

Investments
Paidy Raises $55M In Round Of Funding
July 12, 2018

Paidy, the company that instantly issues post-pay credit accounts linked to mobile phone numbers, announced on Thursday (July 12) that it raised $55 million in a round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Casper Gives NYC A Napping Experience
July 12, 2018

Ever been so tired at work that you actually thought to yourself, “I would pay to take a nap right now?” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Papa John’s Chairman Steps Down
July 12, 2018

John Schnatter, Papa John’s founder and former CEO, officially resigned his position as chairman of the board on Wednesday. The news came hours after Schnatter acknowledged the use of a racial slur during a May conference call and offered a public apology. Media reports indicate that...

Retail
Towne And How Elyse Walker Creatively Curates To Keep Consumers Engaged
July 12, 2018

The secret to sales, according to fashion retailer Elyse Walker, isn’t just closing one deal at a time – it’s about building the relationship with the consumer over time, so that the shopping experience isn’t just about buying clothes, but about buying the right clothes....

Retail
More Than 70 Percent Of Consumers Have Used Self-Checkout In Grocers
July 12, 2018

Kroger has been expanding its omnichannel offerings as it seeks to remain competitive in a crowded market. With its Scan, Bag, Go, for example, Kroger allows shoppers to use their smartphones to select items while they shop. When they’re finished picking out their selections, customers scan...

Retail
Target Expands Drive Up Service In The Midwest
July 12, 2018

Target has brought its Drive Up service to 200 additional stores in the Midwest and select states with its latest expansion of the service. Drive Up allows consumers to order products through Target’s mobile app and pick them up outside a Target store, the retailer...

Retail
Dunkin’ Brands Appoints New CEO
July 12, 2018

Taking over from a chief executive who spent almost 10 years at the helm of Dunkin’ Brands, David Hoffmann now has the top post at the quick-service restaurant (QSR) chain. Hoffmann came to the company in 2016 as head of Dunkin’ Donuts U.S., Financial Times...

Banking
Unbundled Banking Faces New Skepticism — And Fresh Prospects
July 12, 2018

Inevitable? Maybe (even if one’s view of inevitability may depend on one’s views of science and history). Well-financed and backed by significant IT focus? Yep. Favorable to regulators? Indeed. Of interest to consumers? Well, they are still cutting their TV cords and making pop music...

B2B Payments
Airwallex’s Funding Takes Off Amid FinTechs’ FX Focus
July 12, 2018

If the lure of cross-border payments — the B2B kind, especially — is heating up, so too is funding in the space.  News this past week spotlighted some deal-making and some fundraising. Get the Full Story Complete the form to unlock this article and enjoy...