Investments
Sun Basket Raises $9 Million In VC Funding To Boost Marketing
May 12, 2017

Sun Basket, the meal kit startup company that is focused on healthy recipes and organic ingredients, raised $9 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Personnel
AEVI Announces New CEO
May 12, 2017

AEVI announced in a press release that Nelson Holzner has been named its new CEO. In his new role, which started on May 1, Nelson will leverage his vast knowledge of the payments and startup landscape to take the company to the next level. Get the...

Retail
Wall Street Plummets Amid Retail Worries
May 12, 2017

Stocks: You mean they go down, too?!? 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 Today. By completing this form, you agree...

Bitcoin
Bitcoin Climbs Above $1,800
May 12, 2017

Bitcoin’s growing just about as fast as we can write about it — as are a number of other cryptocurrencies, for that matter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Merchant Innovation
Uber’s Long Haul Trucking Push Is Picking Up Speed
May 12, 2017

As part of its longstanding efforts to jump into the world of long haul trucking, reports are emerging that Uber snapped up the talent team behind Chicago transportation brokerage firm 4Front Logistics last fall. Get the Full Story Complete the form to unlock this article and...

Facebook
Stolen Card And Loyalty Credentials For Sale On Facebook Says LFPA
May 12, 2017

The newly formed Loyalty Fraud Prevention Association (LFPA), launched in September of last year, has made a bold claim in its latest release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payment Methods
Bank Of America Finds 36 Percent Of US Adults Use P2P Payment Apps
May 12, 2017

Bank of America is out with its latest Bank of America Trends in Consumer Mobility Report, which finds that 36 percent of adults in the U.S. are using person-to-person (P2P) payment services, with millennials leading the charge at 62 percent. Get the Full Story Complete the...

POS Innovation
Mastercard Teams Up With Verifone And Global Payments On Faster EMV
May 12, 2017

While the rollout of EMV in the U.S. has worked to improve the security and authentication of card payments, the technology has become synonymous with a slower checkout process. Depending on the terminal in question, EMV transactions can take between seven to eight seconds to...

B2B Payments
B2B ECommerce Enters A New Level Of Consumerization
May 12, 2017

Corporations are on individual paths to digitization, with each enterprise at a different stage than the next. For some companies, the struggle to get off paper and manual processes is a challenge. But the rise in B2B eProcurement and eCommerce is helping firms make that...