News

Investments
Analytical Flavor Systems Raises $4M To Further Develop AI Taste Platform
November 08, 2018

Analytical Flavor Systems (AFS), the startup that uses artificial intelligence to predict good-tasting food, has raised $4 million in a round of venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payment Methods
Amex Biz Gold Card Offers Flexible Repayments
November 08, 2018

American Express announced on Thursday (Nov. 8) the launch of its new Business Gold Card, which comes with four times Membership Rewards points on the top two categories that the business spends the most on each month. Get the Full Story Complete the form to...

International
India Finance Minister Says Visa, Mastercard Losing Local Market Share
November 08, 2018

In the battle across India for consumer transactions, in the battle for hearts and minds and wallets, might Mastercard and Visa be losing share? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Global Payments
Grab Teams With Kasikornbank For Mobile Wallet; Erste Bank Updates MobilePay App
November 08, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes a tie-up between Grab and Kasikornbank for a mobile wallet in Thailand. In addition, Erste Bank has updated its MobilePay offering in Hungary, and Wallex Technologies has officially rolled...

Retail
How J.Crew, H&M, Others Push Hard On Payments Innovation, Loyalty
November 08, 2018

In a bid to increase loyalty, merchants are driving innovations in their stores. To that end, some brick-and-mortar retailers have begun to offer rewards programs for the very first time to bring shoppers through their doors. The idea? Retailers are taking new approaches to the...

Retail
An Australian Taxi Bidding Model In The Age Of Rideshares
November 08, 2018

In the dot-com era of the 1990s, Priceline came onto the scene with a revolutionary idea for travel: Travelers could use a “name your own price” feature to bid for airline tickets, before the company ended the feature when it became too difficult for consumers...

Retail
JetBlue’s Inclusive Take On Loyalty
November 08, 2018

Airlines are not quite the inventors of the points-based loyalty model, but they do perhaps deserve credit, historically speaking, for perfecting the art form. Points are undeniably a popular selling point for consumers, some of whom will literally go to great lengths to travel on their...

Retail
Zara Plans To Roll Out International Online Shopping Platform
November 08, 2018

To bring its fashions to new markets, Zara plans to roll out a global online platform. With the launch, the retailer will expand its efforts to 106 new markets, Chain Store Age reported. Get the Full Story Complete the form to unlock this article and...

Retail
Walmart To Hold In-Store Events For Thanksgiving
November 08, 2018

To attract shoppers on Thanksgiving day, Walmart plans to have in-store events on November 22. The retailer plans to offer complimentary cookies and coffee as it offers Black Friday promotions in-store that day and online the night before, CNBC reported. Get the Full Story Complete...