News

Retail
DeviceBits Brings AI To Customer Support
January 27, 2017

DeviceBits is a relative newcomer on the software solution scene. Founded in 2015, the Columbus, Ohio–based software company looks to change the way businesses provide customer support to their end users and increase customer retention by leveraging the power of artificial intelligence (AI), machine learning...

Retail
France Could See Online Sales For Retailers Jump 11 Percent This Year
January 27, 2017

The French E-Commerce Federation announced Thursday (Jan. 26) that online sales for retailers in France may rise as much as 11 percent in 2017 to $85.85 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Whole Foods Shuts Down Commercial Kitchens
January 27, 2017

Whole Foods continues its work to streamline its business operations in the wake of comparable sales declines. 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...

Retail
SmartTag Startup Jiobit Sees $3M Seed Round
January 27, 2017

Jiobit, a technology startup based out of Chicago, makes something that seems like every parent, from those expecting to empty nesters, will want or wish they’d had. The startup has developed a location-tracking smart tag and accompanying mobile app that sends alerts to parents when...

Retail
Fidelity Marks Down Flipkart Value
January 27, 2017

Recently, mutual fund Fidelity Rutland Square Trust II has reportedly marked down the value of its holding in Flipkart, the major Indian eCommerce company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Tostitos, Uber, MADD Team Up Vs. Drunk Driving
January 27, 2017

Every once in awhile, a consumer product comes along not just to be sold, but to try and do some good. This year, three organizations have teamed up to put the brakes on drunk driving in time for Superbowl LI. Get the Full Story Complete...

Investments
Food Startup Hungryroot Scores $7.7M Series A
January 27, 2017

Founded in 2015, healthy meal kit food startup Hungryroot is going after Big Food in a big way. The startup is looking to innovate the comfort food market by making guilty pleasures guilt-free. Given the latest round of funding, it looks like investors can smell...

Banking
LINK Rethinks Business As Banks Aim To Lower Costs Of Free ATM Withdrawals
January 27, 2017

The LINK ATM network in the U.K. is mulling an overhaul of its business to address banks that are looking to lower the costs of offering customers free ATM withdrawals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Chinese Tourists May Spend £11M In UK During Chinese New Year
January 27, 2017

With the Year of the Rooster coming in a few weeks, Chinese visitors to London could spend more than £11 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...