News

B2B Payments
Thinking About B2B Payments As An Interaction — Not A Transaction
July 12, 2018

There is a better way for banks to help corporations and businesses, including SMEs, to make money — a method that takes advantage of all the benefits of digital technology while working within the limitations of legacy banking systems. Get the Full Story Complete the...

Global Payments
Visa Launches Omni Loyalty Platform; Alibaba Kicks Off ‘Malaysia Week’
July 11, 2018

Consumers in Sweden and Norway are more likely to take out a loan this summer than borrowers in Finland, according to a press release from Tieto. While 22 percent of Swedes and 21 percent of Norwegians are seeking to borrow money, only 14 percent of Finns...

News
Five At Five: Walmart’s New Plan To Win Over NYC
July 11, 2018

Welcome to Five at Five, your late look at some of the main payments and commerce news of the day. Coverage includes a description of a new, and potentially major, same-day delivery deal in NYC, along with Oprah’s latest commerce venture. There is also news...

Investments
JD Finance Raises $2B, Doubles Valuation Pre-IPO
July 11, 2018

JD.com’s finance unit has raised $1.96 billion in a new round of funding. 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....

Retail
Oprah Enters The Restaurant World
July 11, 2018

Oprah Winfrey is becoming a restaurateur. 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...

Retail
Bridging The Gap Between Resellers And Attractions
July 11, 2018

Travel involves more than visits to monumental skyscrapers or historical sites: Around the world, there are small businesses running attractions and tours. These companies might offer interesting experiences that consumers want to enjoy, but they also need to attract travelers. As a result, these companies...

Retail
Postmates Expands Across 100+ US Cities, Boosts Chipotle Partnership
July 11, 2018

In what it is calling a “massive U.S. market expansion,” on-delivery firm Postmates has launched in 100 cities across the United States, a move the company has said brings its coverage to one in two households across the nation. Get the Full Story Complete the...

Retail
Fabletics Plans Expansion With 75 New Stores
July 11, 2018

With its five years as a fashion brand, Fabletics is seeking to grow and expand its brick-and-mortar footprint. The retailer intends to open 75 stores in the U.S. and other countries, which would increase its store count to 100 locations, CNBC reported. Get the Full...

Loyalty & Rewards
Retailers Take Omnichannel Approach To Loyalty Programs
July 11, 2018

Loyalty programs aren’t just tied to eggs, milk or produce. With the rollout of savings tied to Amazon Prime in Whole Foods Market, which Amazon bought in 2017, loyalty programs are expanding beyond the supermarket to encompass more than groceries and have a built-in audience....