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Editors’ Picks
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InternationalYes Bank’s Chaos Means No-Go For Payments
For digital payments, for eCommerce, when a bank gets interrupted … the impact is instantaneous and disruptive. To get a sense of...
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Sizzle/FizzleBig Fizzle: Airport Retailers Reel As Coronavirus Spreads
The real estate industry lives and dies by the mantra “location, location, location.” The same could be same for retail, where foot...
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InvestmentsQuona Capital Raises $203M For FinTech-Boosting Fund
Quona Capital, a venture capital firm based in Washington and Bengaluru, has closed its second fund with $203 million in commitments, according...
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EconomyWhite House Mulling Coronavirus Tax Deferments
The Trump Administration is reportedly considering tax deferments for industries hit hard by the coronavirus, like the airline, travel and cruise industries, according...
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RetailChipotle’s Creator Leaves Board, Vacates Exec Chair Title
Following the appointment of Chipotle Mexican Grill’s CEO Brian Niccol to chairman, the chain’s Founder Steve Ells has left the board and vacated...
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RetailInstacart Launches Doorstep Grocery Delivery Amid Coronavirus Scare
Instacart said on Thursday (March 5) that it would launch its door-step grocery drop-off service to all customers amid the fear of...
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MobileAT&T Opens Business 5G To Consumers
AT&T’s 5G mmWave network will now be available to everyone, not just businesses, according to CNBC. Prior to Thursday’s announcement, the slower...
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Security & FraudUK’s Virgin Media Exposed 900,000 Customers’ Data
Virgin Media announced Thursday (March 5) that the personal details of 900,000 customers had been accessed by a third party as the...
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Apple PayWells Fargo Gives Apple Pay Users $5 At ATMs
Wells Fargo customers who use the Apple Pay card at its ATMs will get a $5 bonus, reports indicated on Thursday (March...
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InternationalVehicle Sales Down 80 Pct In China Due To Coronavirus
Car sales in China plummeted 80 percent last month as the coronavirus epidemic stopped people from going to dealerships, according to reports...
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Security & FraudOnline Retailers Scramble To Fight Coronavirus Scams
Online retailers have to be wary of scams centering around the deadly coronavirus as it now makes its way across the world....
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MarketsRobinhood Provides Discount To Make Up For Outage
After its systems went down as the markets bounced back from the most unfavorable week as of the financial crisis in 2008,...
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InnovationKia Rolls Out Connected Car Subscriptions
Subscription management platform provider Zuora is working with Kia Motors America to offer connected car subscriptions. Zuora said in a press release...
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MarketsTrading App Robinhood Sees Large Outage
Robinhood, a trading app used frequently by younger traders, experienced a large outage on Monday (March 2), according to a report by...
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NewsIntuit’s Credit Karma Deal, Buy Buttons, Restaurant Apps Top This Week’s News
It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest...
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InternationalChina’s Halting Return To Work Signals US Supply Chain Headwinds
In a way, it’s a strange reminder of the 80/20 rule. You know the one – it’s the Pareto rule, where 80...
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Sizzle/FizzleBig Sizzle: Gaming And Social Networks, Thriving In The Age Of The Coronavirus
In the age of the Coronavirus, amid supply chain disruptions and workers being sent home, there’s still the need for human contact,...
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Restaurant innovationMobile Order-Ahead Feeds Restaurant Sector
“I don’t know. What do you feel like eating?” That ping-ponging Q&A session often seems like a riddle designed to make hungry...
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eCommerce2020 Buy Button Report: Some Use Cases Pushing It
When eBay first introduced the “buy it now” button way back in Y2K, it was designed for the impatient online shopper who...
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B2B PaymentsSoutheast Asia Tips The B2B FinTech Funding Scales
With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture...
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B2B PaymentsAP Automation Braces For Open Banking, Globalization
As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for...
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B2B PaymentsHow Bookkeeping Capitalizes On Young, Digital-First SMBs
An entrepreneur who opens a coffee shop or launches a FinTech startup isn’t in business to crunch numbers and file taxes. Yet,...
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Fraud PreventionDropbox’s Three-Pronged Defense Against Digital Fraud
Cloud hosting platforms are charged with storing and protecting vast troves of valuable personal and company information, making them tempting targets for...
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RetailRestaurant Business Serves Up Mixed Plate For 2020
The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. All of the above. The 2020 outlook report from...
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RetailLowe’s Goes For Major eCommerce Makeover
When its website went down for a few hours on Black Friday 2018, it was an online disappointment for home improvement titan...
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Gig EconomyHow The Gig Economy Has Evolved Over The Last Decade
A quick glance at the workforce of 2020 doesn’t immediately present itself as all that different from the workforce of the year...
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Unattended Retail7-Eleven And Amazon Step Up Automated Store Tech
Cashierless technology is finally hinting at a mainstream rollout, with 7-Eleven’s announcement that it is piloting a cashierless store, taking a cue...
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DebtSenior Debt Has Spiked 543 Pct Over The Last Two Decades
Stories about Americans’ increasing debt load have become something of a recurring theme in financial reporting. About two weeks ago, U.S. credit card...
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EconomyUS Consumers Remain Resilient Despite Q4 GDP Revisions
One of the most enduring stories of the record economic expansion that has marked the past decade has been the resilience of...
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B2B PaymentsCoronavirus’s Potential To Change Healthcare Supply Chains Forever
Hand sanitizer shortages. Face mask counterfeiting. And some of the most dramatic disruptions in supply chains around the world. The coronavirus continues...
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B2B PaymentsWhat Open Banking Means For China, Challenger Banks And SMBs
Small businesses continue to embrace digital banking. At the same time, digital banks are looking to capitalize on their growing small and...
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EarningsEtsy Delights Investors With Earnings Win, Disgruntles Sellers With Advertising Fees
It turned out to be a surprisingly strong quarter for online craft marketplace Etsy. Net income came in at $31.3 million, or...
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SMBsGrab: How Alt Data Is Closing Southeast Asia’s $175B SMB Credit Gap
It’s no accident that technology companies that have historically not operated in the financial services space are expanding into the small business...
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Unattended RetailUSAT: Bridging The ‘Consumer Gap’ In Unattended Retail
Mind the gap, as the saying goes. In this case, it’s the gap between interest and intent, the chasm that lies between consumer...
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EarningsUpwork Reports 14.6 Pct Take Rate As It Makes Changes To Virtual Tokens
Upwork saw strong adoption of its new paid client subscription plans, made changes to the virtual tokens used by freelancers when submitting...
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EarningsSquare Cash App Users Grow 60 Pct YOY
Square has posted Q4 earnings results, showing continued evolution from the firm’s roots 11 years ago as a point-of-sale payments processor with on-site...
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International5G Plans Face Setbacks Amid Coronavirus Spread
The coronavirus has already dented supply chains — notably those that serve retailers and auto manufacturers, among others. Digging a bit deeper...
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SubscriptionsGrubhub Subscription Service Aimed At Boosting Slumping Market Share
Grubhub’s 2020 start has been a bit bumpy thus far — it was passed by DoorDash in late January in terms of...
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Real EstateCustomer Experience Surpasses Brand, Price
This is the year that customer experience surpasses brand and price as the most important factor in retail, according to several studies,...
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Payments InnovationWill Bird’s Payment Plans Take Flight?
(Warning: This article contains puns aplenty, fowl indeed). Bird, the scooter company, may ruffle some feathers in the very cities and locations...
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RetailAs Gap Joins thredUP, Resale Continues Its Momentum
The resale market is turning out to be one of the hottest trends of the young new year. After Nordstrom and Macy’s...
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RegulationNavigating China’s New Regulatory Terrain
What happened to the good old days of, like, two years ago? Back then, FinTechs asked for forgiveness instead of permission, rushing...
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Voice ActivationThe Voice Assistant Wars Shift To Gaming
From a playing field that was nearly empty five years, the world of voice-activated personal assistants has filled up and rounded out...
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B2B PaymentsAccounts Receivable Innovations Ease AP Pain
More and more, B2B payment solutions are focusing less on single end-points of friction, and more on the overall picture of how...
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B2B PaymentsCommercial Cards Round Out B2B Financial Services
As more financial service providers explore how to capitalize on corporates’ growing adoption of commercial cards, firms are looking at the card...
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MastercardMastercard’s Incoming CEO’s Take On The Future Of Payments
A big change is coming to Mastercard, which will soon be marking the end of an era as its longtime CEO Ajay...
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Big DataReading Predictive Tea Leaves With Smart, Big Data
The old adage that a butterfly flaps its wings and causes a hurricane is especially apt in business. After all, ripple effects...
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DeliveryKraft Heinz’s Evolv: Backing Micro-Fulfillment’s Evolution At The Grocery
In eCommerce, and specifically, fulfillment, might the mantra be: Think big, go small? For grocers making the transition to the digital age,...
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InnovationSWIFT: The Road To ISO 20022 Adoption
PYMNTS recently spoke with Saqib Sheikh, global head of SWIFT’s ISO 20022 program, to learn more about SWIFT’s commitment to assist the...
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RetailFifth Wall Invites eComm Pure Plays To The Mall
Mall landlords strike again. In a good way, of course, as alt-VC firm Fifth Wall closes on a $100 million fund to...
