News

Payment Methods
Chase Card Services President On Why It’s Time For Cards To Tap And Go
November 15, 2018

How to speed the checkout process? To echo an old Dustin Hoffman film, the answer may lie with one word: plastic. To that end, Chase, the largest card issuer in the U.S., said Wednesday (Nov. 14) that it’s rolling out tap-to-pay functionality across its Chase...

Investments
Bain MD On New $1B Fund And Why Seed Rounds Are Sprouting           
November 15, 2018

Capital is finding its way into all sorts of funds and to all sorts of firms. Early-stage investments are mushrooming in size, and the competitive landscape is crowded, which makes prudent investing no easy task. Bain's Matt Harris, managing director, weighs in on the mindset...

Investments
Instacart Raises $271M On $7.8B Valuation
November 15, 2018

Grocery delivery startup Instacart raised an extra $271 million in November, bringing its latest round of funding to $871 million. A source told Reuters that the additional funding comes from investors, including U.S. hedge fund Tiger Global Management and existing investors Coatue Management and Valiant...

Retail
Macy’s Looks To Holiday Quarter To Put A Bow On A Strong 2018
November 14, 2018

Macy’s managed to come out ahead of analyst expectations for the third time in a row during Q3 2018, with earnings and same-store sales all coming in front of earnings forecasts. Macy’s racked up earnings per share (EPS) of $.27 versus the $.14 expected and...

News
Five At Five: Uber’s New Loyalty Rewards Push
November 14, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest loyalty idea from Uber, and Square’s payroll push. Walmart has a new delivery program, BigCommerce gets bigger in payment options and Google boosts enterprise analytics....

B2B Payments
Square Adds Benefits To Payroll Platform
November 14, 2018

Square is enhancing its payroll platform for small and medium-sized businesses (SMBs) by integrating benefits solutions, the company announced on Wednesday (Nov. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Govt. Control And Trade Wars Hit Chinese Tech Firms
November 14, 2018

The growth of the tech industry in China has seemed unstoppable, marked by consumers and gamers numbering in the hundreds of millions – and revenues in the billions of dollars’ worth.   Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Chase Rolls Out Tap-to-Pay Visa Credit Cards
November 14, 2018

Chase said Wednesday (Nov. 14) that it is rolling out tap-to-pay functionality across its Chase Visa card portfolio, an initiative that will begin late this year and extend into 2019. Chase, the consumer banking arm of JPMorgan Chase & Co., said the rollout will be...

Digital Banking
Tandem Partners With Stripe On New Auto Save Feature
November 14, 2018

Tandem Bank, the U.K. mobile bank, announced on Wednesday (Nov. 14) a new automatic savings service that will be powered by global payments platform Stripe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...