News

Retail
Smart Kitchen Startup Chefling Notches $1M In Funding
April 17, 2018

To support the next stage of the company’s growth, smart kitchen startup Chefling, Inc. has notched $1 million in pre-series A funding from XVVC, LLC. Chefling will use the funding for product development, hiring and marketing, the company said in an announcement. Get the Full Story...

Mobile Payments
Grubhub Rolls Out Venmo Integration
April 17, 2018

To offer customers more convenient payment options, Grubhub is adding Venmo to its platform. With the new functionality, consumers will have an easier way to share the cost of a delivery order with friends, Grubhub said in a announcement. Get the Full Story Complete the...

B2B Payments
Samsung Considers Blockchain To Manage Supply Chain
April 17, 2018

Samsung is reportedly looking into blockchain technology to manage its supply chain, reports in Bloomberg said on Monday (April 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Aussie Firms Struggle With Domino Effect Of Supplier Collapse
April 17, 2018

A new survey by My Business released on Monday (April 16) highlights the challenges Australian businesses face when a business partner or supplier collapses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
SMBs Feel Neglected By Banks — But Lack Unbiased Information To Switch
April 17, 2018

U.K. small businesses (SMBs) have made it clear they’re willing to switch financial service providers to access the financial services they need to thrive. But the latest research on the industry suggests SMBs struggled with biased information as they seek out better providers and feel...

B2B Payments
Correspondent Banking’s Decline Disproportionately Impacts Islamic Banking
April 17, 2018

A new report by the General Council for Islamic Banks and Financial Institutions (CIBAFI) said the decline of correspondent banking relationships disproportionately impacts Islamic financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Cannabis Cos’ Payroll Problems Run Deep
April 17, 2018

Earlier this year, the federal government spiked anxieties for legal marijuana businesses. Attorney General (AG) Jeff Sessions issued a memo that seems to ramp up the White House’s marijuana crackdown, challenging earlier issuance that hinted at a more lenient federal approach to cannabis. Get the...

B2B Payments
Odoo Targets Chinese SMBs With ERP Software
April 17, 2018

Enterprise software company Odoo is expanding into the Chinese market to target small businesses (SMBs) in need of enterprise resource planning (ERP) systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Alternative Finances
How The Lending Landscape Is Quietly Changing
April 17, 2018

The financial crisis that rolled through the economic landscape a decade ago was — among many things — a financial reset button. Interest rates plummeted as the Fed held the federal funds rate at zero in the hopes of stimulating lending in an environment where credit went from dangerously...