News

Banking
JPMorgan Eyes European Cos To Grow Abroad
December 05, 2018

JPMorgan Chase & Co. is eyeing European mid-sized and family-owned companies as the next area of growth for the Wall Street firm, aiming to offer them new business loans, cash management services, payment processing and other banking services. Get the Full Story Complete the form...

Ridesharing
How Might NYC’s New Ride-Hailing Minimum Wage Change Things?
December 05, 2018

The new year will bring a minimum wage for Uber and Lyft drivers in New York City — that much is clear, even if the new rules on payments are a bit complicated. And while it is also clear that those pay rules will have...

Cross Border Commerce
Alibaba Inks Deal With Belgium To Create Trading Hub
December 05, 2018

Alibaba, the Chinese eCommece giant, inked a deal with the Belgian government on Wednesday (December 5) to create a trading hub aimed at helping Belgian companies sell products around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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....