News

Global Payments
BNP Paribas Unveils UK SME Debt Fund; Nanjing Rolls Out $1.5M Blockchain Fund
July 23, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes BNP Paribas Asset Management’s new U.K. debt fund. In addition, a city in China is rolling out a new $1.5 billion blockchain fund, and the U.A.E’s Network International has launched a...

International
Trade Wars, IP Wars, And Who Wins Between China And US?
July 23, 2018

It’s earnings season, which leads us to mull the fate of companies large and small, and of industries that are global in scope. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Pinterest Nearing $1B In Ad Rev; Eye 2019 IPO
July 23, 2018

Pinterest, the social media company, is nearing $1 billion in advertising revenue and is eyeing an initial public offering in the middle of next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Custom-Building A Good Night’s Sleep
July 23, 2018

It seems as of late that everyone is trying to sell you a mattress in a box. If one wants a mattress on demand these days, there’s Casper, Leesa, Purple, Tuft and Needle, Saatva, Tulo, Layla, Snuz – and that isn’t even a comprehensive list,...

Walmart Looks To Influencers To Boost eCommerce
July 23, 2018

To bring influencer photos, videos and recipes to its product pages, Walmart is teaming up with Collective Bias and RichContext. The content will appear below the product information and images, and will vary based on the product, Digiday reported. Get the Full Story Complete the form...

Retail
IKEA Gears Up For First Store In India
July 23, 2018

Marking a departure from its do-it-yourself business model, IKEA plans to have a 150-person assembly team for its first store in India, located in Hyderabad. The company decided to create the team after research showed that many consumers in the local market would not want to...

Retail
Pop-Ups Getting A Boost From Social Media
July 23, 2018

Many people are flocking to pop-up shops and experiences in the hopes of capturing an Instagram-worthy photo — which is good news for merchants in more ways than one. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Robots Serve Up Innovation (And Food) In Restaurants
July 23, 2018

Restaurant robots aren’t just for flipping burgers or preparing pizzas: They can also work in the front of the house and serve customers. Bear Robotics’ Penny, for example, is an autonomous runner and busser. As an assistant to staff, Penny can take food directly from...

Banking
Legacy Banks Embrace APIs To Counter Competitive Cycle
July 23, 2018

Legacy banks around the world have been under tremendous pressure in recent years to transform their business models, as upstart FinTech companies are removing the barriers to entry and credit access that have kept large numbers of growth businesses and consumers out of the market....