News

Partnerships / Acquisitions
Braintree’s Juan Benitez On The Future Of A PayPal-Owned Hyperwallet
June 20, 2018

It’s a deal that hits some of the most important payment-related hotspots: Online marketplaces. Localized currencies. Global payout services. The gig economy. Expanded eCommerce ecosystems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Point of Sale
Becoming Our Money — And Other Tales From The POS World
June 20, 2018

Perhaps not since the adoption of chip and PIN payments has there existed so much potential for disruption in the point-of-sale market. The rise of mom-and-pop entrepreneurs, the coffee truck operators, craft makers and others has opened the door for the smaller POS operators to...

Partnerships / Acquisitions
PayPal Will Buy Hyperwallet In $400 Million Deal
June 19, 2018

PayPal said on Tuesday (June 19) that it will buy payments payout platform Hyperwallet for $400 million in cash. 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...

News
Five At Five: Amazon Moves Into The Marriott
June 19, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Coverage includes a look at the latest job for Alexa and why Google is teaming up with travel startup Peek. Visa is dealing with a U.K. outage, healthcare is being...

Security & Fraud
CrowdStrike Raises $200M For Valuation Of More Than $3B
June 19, 2018

CrowdStrike, the cybersecurity technology company, announced on Tuesday (June 19) that it raised $200 million in a Series E round of financing led by General Atlantic, Accel and IVP, with participation from March Capital and CapitalG. In a blog post, the company said that with this...

Investments
Peek Raises $23M, Inks A Deal With Google
June 19, 2018

Peek, the startup that wants to overhaul the travel activities industry with technology, has raised $23 million in venture funding and unveiled a partnership with Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
BJ’s Plans To Issue 37.5M Shares In IPO
June 19, 2018

With its initial public offering (IPO) on the horizon, BJ’s Wholesale Club said in a regulatory filing that it anticipates offering 37.5 million shares. The warehouse club retailer also said that it plans for each share to be issued in a range between $15 to...

Retail
Sam’s Club Takes On Convenience In Age of Amazon
June 19, 2018

Warehouse clubs may conjure up images of cavernous stores stocked high with merchandise as far as the eye can see, but Walmart’s Sam’s Club is taking a different approach with a new store in Texas. The new brick-and-mortar location will come chock-full of new retail...

Retail
Aggregator Apps And Delivery Drive Consumer QSR Preferences
June 19, 2018

Quick service restaurants (QSRs) are the consumer’s go-to for good food served fast. In fact, QSRs account for 57 percent of foot traffic across all restaurant segments. Convenience, price and food quality are the QSR’s main selling points, but what drives consumers to visit one particular...