Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest way that Facebook could boost its security and reputation, along with a new retail push to reduce waste. SWIFT wants to beef up its own...
As Uber seeks to attract investors ahead of a potential initial public offering (IPO) with aspirations beyond ridesharing, food delivery in the skies might be in the company’s not-so-distant future: It is reportedly looking to launch drones for takeout in the next few years. In...
Tala, the consumer lending app in emerging markets, announced Monday (Oct. 22) a strategic investment from PayPal. 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...
A sense of control and security goes a long way toward building confidence, and that’s especially true in payments and commerce. Make consumers feel as though they are in charge, and give them more transparency into their personal payment transactions, and you might not only...
NCR is expanding further into payments. The U.S.-based firm said Monday (Oct. 22) that it will buy Pennsylvania-based JetPay, “a provider of end-to-end payment processing and human capital management solutions,” according to a statement. Get the Full Story Complete the form to unlock this article...
Perfume can be an expensive indulgence, particularly if one’s signature scent happens to be a designer perfume. Paying north of $300 to $500 for a few ounces is far from unheard of — and forces a fairly large commitment onto the wearer. While there are...
The beloved mall kiosk, or the more formally named retail merchandising unit (RMU), had its humble beginnings in Boston. When the (former) Rouse Company was developing its Quincy Market-Faneuil Hall property in the 1970s, the firm turned to the center’s roots as an open-air market,...
After starting out as an occasion celebrated by university students, China’s Alibaba helped popularize the country’s Singles Day as a retail shopping event. This year, the annual event turns 10, and the Chinese eCommerce retailer is billing this year’s ocassion as “the largest-ever in terms...
To tackle the problem of food waste, entrepreneurs are turning to a new business model in the grocery space, by creating concepts called zero-waste grocery stores, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
