News

Retail
Grocers Consider Checkout Line-Free Future With Unattended Retail
October 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. From North America to China, the concept is gaining ground...

Retail
Analyst Cuts Amazon Estimates Amid Potential USPS Rate Hike
October 23, 2018

With a potential increase in U.S. Postal Service fees on the horizon, Credit Suisse Analyst Stephen Ju is reducing his estimates for the near term on operating profit. His pro forma earnings per share estimate is now at $34.99, which is down approximately 19 percent, CNBC...

Global Payments
Tipalti Announces Seamless Integration With Intuit QuickBooks Online
October 23, 2018

Tipalti has announced that its supplier payments automation solution is now integrated into Intuit QuickBooks Online. The global payments automation firm reported the new development in a press release on Tuesday (October 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Amazon’s HQ2 Hunt Has Real Estate Investors Making Bets
October 23, 2018

Even before Amazon names the city where it will put its second headquarters, investors are already looking for cash commitments and capital to invest real estate ahead of the announcement. Some investors are even purchasing shares in a firm that owns real estate in a city...

Wearables
Samsung And HSBC Get ‘Phygital’ With Wearables
October 23, 2018

HSBC and Samsung have announced what they are calling a “first-of-its-kind” program to bring wearable technology into HSBC bank branches. The two firms are currently testing a pilot that will put heavily customized Samsung Gear S3 watches onto the wrists of branch employees at HSBC’s...

B2B Payments
Bank Of America Automates FX Conversion For Smaller FIs
October 23, 2018

Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange (FX) conversion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
How Canada’s Post Strike Could Boost Electronic B2B Payments
October 23, 2018

Canada’s mail and parcel operations under Canada Post have been hit by a worker’s strike amid ongoing contract tensions with the Canadian Union of Postal Workers (CUPW). While the post disruptions are certainly a headache for the public (consumers, businesses and government entities alike), there may be...

B2B Payments
FSB: No Govt Contracts For Big UK Firms That Pay Late
October 23, 2018

In the U.K., a group representing small businesses said larger firms that are late payers should not get government business. Separately, Sears' bankruptcy filing dominates headlines surrounding the once-mighty retailer. Now, a lawsuit has been filed over claims of unpaid invoices.

B2B Payments
Fleet Drivers Brace For Brexit Complexities
October 23, 2018

A no-deal Brexit scenario would bury fleet companies in “red tape and paperwork,” according to the Freight Transport Association’s Head of European Policy Pauline Bastidon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...