News

Payment Methods
In Payments, Mulling Integration, Full or Semi
February 16, 2018

As plastic and digital transactions make inroads where once cash reigned supreme, integrated payments are taking top of mind for POS resellers and merchants. As Sterling Payments SVP Steve Callis explains, in battling the fraudsters, semi-integration or fully-integrated payments are each due for due consideration.

Cross-border Payments
How Lobster Wholesalers Keep Cross-Border Cash Flowing
February 16, 2018

China is crazy for crustaceans: The country imports more than $100M worth of them from the U.S. each year. But with the growing appetite and booming business has come cross-border receivables pain. In the latest X-Border Receivables Report, Stephanie Nadeau, owner of The Lobster Company,...

Banking
BofA Community Development Banking Has Record 2017
February 16, 2018

Bank of America Merrill Lynch’s Community Development Banking (CDB) announced news on Thursday (Feb. 15) that 2017 was a record year for the firm. The CDB provided $4.53 billion in loans, tax credit equity investments and other real estate development solutions. Get the Full Story...

Mobile Payments
French Startup Lydia Says It Wants To Take On PayPal
February 16, 2018

A new startup is taking aim at PayPal. This time, it’s French startup Lydia, which recently raised a $16.1 million round (€13 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Visa Expands B2B Connect Project To Asia And Russia
February 16, 2018

UnionBank has announced that several community banks in the Philippines have signed on as partners to develop the blockchain platform underlying Visa’s B2B Connect solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Walmart Eyes 40 Percent Stake In Flipkart
February 16, 2018

Reports in Reuters this morning indicate that Walmart is closing in on buying 40 percent of Indian eCommerce giant Flipkart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Tempest In A Meal Box?
February 16, 2018

Tempest in a (meal) box?   Attention turned to meal kits as the government invoked “Blue Apron” as a model of sorts for a new food stamp initiative.  Turns out the real Blue Apron has its hands full, too, in a hypercompetitive market where subscribers are...

Retail
Robotics Startup Plans Automated Fulfillment Centers For All eGrocers
February 15, 2018

Delivery — particularly delivery on demand — is often an expensive logistical challenge for online retailers, but it is one that Israeli-based artificial intelligence (FI) startup CommonSense Robotics thinks it can help to solve, VentureBeat reported. The robotics firm recently raised $20 million in a Series A funding...

Retail
Behind BJ’s Digital Double Down
February 15, 2018

Headquartered in Westborough, Massachusetts, BJ’s Wholesale Club doesn’t always attract the same level of interest as its larger counterparts at Costco or Sam’s Club — mostly because those competitors are much larger. With around 210 locations nationwide, BJ’s is less than half their size. Get the Full Story...