News

Retail
Retailers Eye Industry-Shaking Innovation With Accelerators
December 05, 2018

Retailers are turning to accelerators to drive innovation, and Target is taking its program to the international stage: It is teaming up with Germany’s wholesale and food specialist METRO AG for its cohort this year. The tie-up will allow Target to work with startups “from...

Retail
How Food Packet Startups Are Going ‘Microwave 2.0’ For Authentic Meals
December 05, 2018

Startups are often founded out of personal need, and those that specialize in hard-to-find authentic cuisines are no exception. The Buttermilk Company was started after its founder, Mitra Raman, missed her mom’s cooking. Raman noted that it was hard to find good Indian food that...

Retail
Facebook Makes Gift Ideas Shareable With Collections
December 05, 2018

To potentially help shoppers discover and exchange gift ideas, Facebook is letting its users share collections on its social media platform. The feature allows consumers to share store links as well as posts that they find in their news feeds, Venture Beat reported. Get the...

Retail
eBay’s Authentication Service Now Includes Jewelry
December 05, 2018

Auction site eBay has announced the expansion of its authentication service to include luxury jewelry. 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
Corcentric Lands Financing For M&A Expansion
December 05, 2018

Procurement and financial process automation firm Corcentric announced a new credit facility that it secured as it prepares to invest in expansion. A press release issued Tuesday (Dec. 4) said Corcentric secured a $200 million credit facility in the form of an asset-based loan revolver...

B2B Payments
CoverWallet Expands SMB InsurTech Tool To Brokers
December 05, 2018

Small business InsurTech startup CoverWallet is positioning itself directly with insurance brokerages, according to Insurance Journal reports Tuesday (December 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Signature Bank Launches Blockchain Real-Time Payments For Corporates
December 05, 2018

New York-based Signature Bank is rolling out a digital payments platform powered by blockchain that enables real-time payments for corporate customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
India’s SMBs Rebound As Demonetization Dust Settles
December 05, 2018

India saw a busy year in B2B FinTech as the small business (SMB) community continued to demand enhanced financial services. The nation continues to push against cash in favor of digital payments, while both the government and private sector continue to fuel FinTech innovation. Get...

B2B Payments
The Security Threat Of Bank-FinTech Collaboration
December 05, 2018

When the data of 15 million T-Mobile customers was stolen in 2015, the mobile firm’s CEO immediately went into damage control mode. John Legere released a statement when the news broke, offering customers access to free credit monitoring and identity resolution services, and emphasizing the company’s...