News

Retail
Walmart And Sprint Reportedly Team Up For Strategic Partnership
July 31, 2018

Years after Sprint’s presence in Walmart had dwindled, the retailer and the wireless carrier appear to the be teaming up. While the exact arrangement is not clear, Sprint Chairman Marcelo Claure mentioned a tie-up in a tweet, Retail Dive reported. Get the Full Story Complete...

Retail
Fast Food’s First Foray Into Meal Kits
July 31, 2018

A few years ago, analysts were wondering if meal kits were about to disrupt traditional grocery as an easier and more convenient way for customers to enjoy the benefits of home cooking with a lot of the complexity smoothed out. Get the Full Story Complete...

Retail
Jo-Ann Stores Updates Its Brand To Extend Beyond Fabrics
July 31, 2018

In an effort to extend its brand beyond fabrics, Jo-Ann Stores has shortened the name of its brick-and-mortar stores. The locations, which were previously branded as Jo-Ann Fabrics, are now known as JOANN, AdWeek reported. Get the Full Story Complete the form to unlock this...

B2B Payments
Hong Kong Smart Banking Via API And Citi Pay With Points
July 31, 2018

Government initiatives can serve as a tailwind under bank/FinTech partnerships, as shown in Hong Kong and beyond.  And APIs gain ground with Citi in that region, while Armenia sees some additional forays into digital banking

B2B Payments
SMBs’ FX Woes Thrown Back In The Spotlight By Amex Allegations
July 31, 2018

Allegations that American Express secretly hiked foreign exchange rates for small business customers is thrusting the challenges and points of friction that entrepreneurs face with cross-border payments back into the spotlight. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Payroll Cards No Longer Just For Low-Wage, Underbanked Employees
July 31, 2018

Payroll cards are an important vehicle to ensure that employees — particularly those who are underbanked and unbanked — are able to efficiently receive their wages. Yet, the tool has also earned a controversial reputation, thanks to legal disputes and regulatory concerns over high fees...

Partnerships / Acquisitions
Visa, Sabre Pair On Travel Payments
July 31, 2018

Visa has announced a strategic global partnership with Sabre that will allow the technology provider for the travel industry to utilize CyberSource, Visa’s payment management platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Experian Invests $28M In FinTech Lender C88
July 31, 2018

C88 Financial Technologies (C88) announced that it has received an over-subscribed $28 million in a Series C investment from Experian. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Partnerships / Acquisitions
Starbucks, Alibaba Pair On Coffee Delivery
July 31, 2018

Starbucks and Alibaba are teaming up on coffee delivery in China. According to Reuters, Starbucks is trying to regain its footing after a sales slump in the country; Starbucks quarterly sales in China declined 2 percent in the period ended on July 1, down from...