News

Retail
Grocer Aldi Competes With Walmart On Price
May 12, 2017

German discount grocer Aldi aims to disrupt U.S. brick-and-mortar competition by undercutting stateside discount food and beverage offerings from the likes of retail giant Walmart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
FLEXE’s Next-Day Delivery To Help Online Retailers Compete With Amazon
May 12, 2017

Seattle startup FLEXE looks to enable online retailers to compete against Amazon’s logistics capabilities. 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 to our daily newsletter, PYMNTS...

Cross Border Commerce
Can APIs Fast-Track B2B X-Border Payments?
May 12, 2017

APIs make it easier for any number of payments and financial services functions to be streamlined and improved. Currencycloud CEO Mike Laven thinks they also hold the keys to enable more efficient B2B X-border payments by solving the thorny compliance and Forex issues that often...

Security & Fraud
Director Of National Intelligence Warns Of Coming IoT Security Threat
May 12, 2017

According to Director of National Intelligence Daniel Coats, smart devices are more than an attractive target for hackers for profit — they could also be the launching ground for attacks on U.S. intelligence efforts in the future. Get the Full Story Complete the form to...

Payment Methods
Flywire And Cashnet Team On Payments For International Students
May 12, 2017

Flywire, a provider of cross-border payment solutions, and Cashnet, a payment platform solution for educational institutions, announced Thursday (May 11) a new strategic partnership to give international students and their families more options when paying for studies abroad. Get the Full Story Complete the form...

Ridesharing
Uber Dealt A Blow In Fight With EU Over Its Status
May 12, 2017

Uber Technologies, the ride-hailing app company, got hit with a legal blow on Thursday (May 11) in its fight not to be regulated as a taxi service, when the European Union’s main court rejected arguments that Uber is merely an app. Get the Full Story...

Retail
Store-Branded Credit Cards Draw Profits, Unlike The Rest Of Retail
May 12, 2017

Amid the brick-and-mortar woes of retailers such as Macy’s, is there a silver lining to be spun from credit cards? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
FTC To Announce National Consumer Fraud Program
May 12, 2017

Over the past few months, we’ve certainly seen and reported on a lot of action involving the Consumer Financial Protection Bureau (CFPB). From banks challenging its enforcement to advocacy groups suing it to legislators criticizing its director, the CFPB has come under fire quite a bit lately....

Investments
Ontruck Raises $10M For Real-Time Logistics Platform
May 12, 2017

Ontruck, a Madrid startup that has developed a logistics platform to connect businesses with road freight carriers, has raised $10 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...