News

Retail
Startup Food Delivery Apps Savor Local Flavor
November 15, 2018

Established food delivery apps that serve customers from coast to coast aren’t the only game in town. In communities across the country, there are also smaller upstarts delivering food to homes and businesses. Take Holland Eats, which caters to 30,000 residents in Holland, Michigan. The...

Retail
Walmart Associates Train For Black Friday With Virtual Reality
November 15, 2018

To enhance the training of its employee associates, Walmart is investing in virtual reality (VR) to help employees experience retail situations like the Black Friday rush. With its initiative, 17,000 headsets from Oculus Go will reportedly arrive at 4,700 stores in the United States, Vox...

Retail
Sears Could Get $350M Loan In Financing Package
November 15, 2018

As Sears faces calls to wind down its operations, the retailer is reportedly putting the finishing touches on a deal for $350 million in financing with Great American Capital Partners, along with other lenders. The potential deal could bring the retailers’ financing package up to...

B2B Payments
Blockchain Believers Remain Bullish On B2B Payments Disruption: PayPie
November 15, 2018

As the peaks and valleys of blockchain hype continue to rise and fall, more doubt has surfaced over the future of distributed ledger technology, particularly in the area of B2B payments. Dun & Bradstreet recently released a survey that found only about one-quarter of finance...

B2B Payments
CEOs, Finance Staff On Opposite Sides Of The Accounts Payable Fence
November 15, 2018

B2B FinTech solution providers are currently working on reducing the friction associated with implementing their solutions into enterprise back offices. As they do this, there are challenges over which these providers have less power. One of the biggest hurdles in B2B FinTech adoption and digital...

B2B Payments
CivilisedBank Ready To Reapply For Banking License
November 15, 2018

U.K. challenger bank CivilisedBank forfeited its banking license earlier this year with plans to shift its focus to underlying infrastructure and technology. Now, the company has announced it has resubmitted an application for a banking license once again. Get the Full Story Complete the form...

B2B Payments
Australia To Buy $1.4B In Non-Bank Small Business Loans
November 15, 2018

The Australian government has announced a new initiative to support small business finance following a series of steps to crack down on bank mistreatment of SMBs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
FLEETCOR May Be Nearing Western Union Business Payments Buy
November 15, 2018

Western Union and FLEETCOR are nearing an agreement to sell WU’s business payments operations to the fleet payments firm, according to reports in PE Hub on Wednesday (Nov. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Berkshire Spends $4B For Stake In JPMorgan Chase
November 15, 2018

Berkshire Hathaway, the Omaha, Nebraska conglomerate owned by Warren Buffett, spent $4 billion in the third quarter for a stake in JPMorgan Chase, giving it big stakes in three of the four largest U.S. banks. Get the Full Story Complete the form to unlock this...