News

Delivery
Costco’s eCommerce Sales Rise 37 Percent In Q3 Amid Omnicommerce Push
June 01, 2018

As Costco amps up its omnichannel offerings, the warehouse club is seeing that its efforts are paying off: The retailer reported that total eCommerce sales were up 37 percent year over year as of the third quarter. In addition, the company’s eCommerce sales were up...

B2B Payments
Tradeshift Among Leaders In B2B VC Activity
June 01, 2018

From $250 million for Tradeshift to a $2 million pre-Series A funding round, VC activity in the B2B space was varied in scope and size. The themes? Global expansion and using tech to make traditional B2B processes (and materials) a bit more streamlined and modern....

B2B Payments
QuickBooks Offers Direct Deposit for B2B Independent Contractors
June 01, 2018

A product launch from QuickBooks seeks to profit from one of the main ongoing trends in payments now: getting wages to independent contractors as quickly as possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Chime Mobile Bank Lands $70M
June 01, 2018

This latest round of funding brings the company to over $100 million in total funding to date and values the business at around $500 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
Nordic Banks Collaborate To Improve AML, KYC
June 01, 2018

Five of the biggest banks in the Nordics are teaming up to create a joint anti-money laundering infrastructure. 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...

Delivery
Kiwi’s Little Robot That Could (Deliver The Last Mile)
June 01, 2018

When asked what kind of company it is, the team at Kiwi Campus always says that it is a delivery company, not a robotics firm — even though in these early days, its delivery robots are probably the most recognizable thing about the company. Get...

TRENDING: mPOS That Turns Fingerprints Into Payments
June 01, 2018

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 receive marketing communications from PYMNTS and...

Delivery
Ele.me Cleared To Use Food Delivery Drones In China
May 31, 2018

As China’s local-delivery market grows at a rapid pace, with more people turning to their smartphones to order food, Ele.me has been cleared to deliver orders in a Shanghai industrial park by drone. However, the system won’t bring meals to their final destinations — only to...

Artificial Intelligence
Can Siri Begin A Comeback At WWDC?
May 31, 2018

For many, Siri was the first voice-activated assistant they ever used — when it launched back in 2011, there was nothing else like it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...