News

B2B Payments
Bureaucratic Fuel Is Pushing B2B Payments Toward Digital
October 03, 2018

Unless you are a fan of paper cuts and ink smudges, take a moment to give it up for Spain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Global Payments
Sberbank Rolls Out Cash Postcards; Binance Invests In TravelbyBit
October 03, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Binance’s investment in Australian startup TravelbyBit to bring crypto payments to airports. In addition, Russia’s Sberbank rolled out cash postcards to its mobile users, and Singtel has unveiled a cross-border mobile payment...

Mattress Firm May Be Gearing Up For Bankruptcy Filing
October 03, 2018

Mattress Firm, seeking to shore up its operations and get rid of store leases, is reportedly gearing up for a bankruptcy filing. The company, which is based in Texas, has 3,000 brick-and-mortar stores, Reuters reported. Get the Full Story Complete the form to unlock this...

Retail
Toys R Us Brand Might Make A Comeback
October 03, 2018

In a potential revival of the Toys R Us brand, lenders are looking to reorganize the company’s assets into a new company. The firm would be able to invest in new retail operating businesses and keep license agreements, Bloomberg reported. Get the Full Story Complete...

Retail
Purple And Why Retail Is Going To The Mattresses
October 03, 2018

Mattress shopping has undergone a seismic shift in the last five years that likely would have been hard to predict from the outside. Since Casper introduced the world to the concept of a mattress in a box in 2014, the competition has become multi-faceted and...

Retail
The Nimble, Climate-Based Approach To On-Demand?
October 03, 2018

There’s always an app for that – and, usually, depending where one is in the country, there are several apps for food delivery. How, then, does a food delivery platform stand out from the crowd? For starters, these companies may seek to expand into areas...

Retail
Can On-Demand Ordering In New York City Save Blue Apron?
October 03, 2018

Blue Apron had 2,500 employees and a $2 billion valuation just three years after its founding in 2012. But, more recently, the meal kit provider is taking a new approach to attract customers as it faces a crowded industry and a churn that is endemic...

Retail
Stitch Fix To Expand Into UK
October 03, 2018

Stitch Fix has officially announced its plan to expand its personal shopping service into the United Kingdom. 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...

B2B Payments
Scotiabank Sounds Off On Canada’s First Payments Modernization Step
October 03, 2018

While Europe and the U.K. move forward with open banking initiatives, and the U.S. makes progress on faster payments, Canada is in the midst of its own payments evolution. Payments Canada, the organization that operates the nation’s payments clearing and settlement system, has commenced a...