Walmart made a big eCommerce investment in Chinese company New Dada, which is the country’s biggest on-demand logistics and grocery eCommerce platform. The deal comes shortly after the retail giant made three other large eCommerce initiatives in China. The $50 million investment in New Dada...
Lots of stores have buy online, pick up in-store at this point. But only Walmart has the BOPIS machine. The giant tower-like machine, which bears something of a resemblance to the obelisk in the movie “2001,” automatically distributes online orders to customers who come to...
It should come as no surprise that payments earnings boosted stocks this week. Only a few names had outsized swings, measured up or down, with one company showing a double digit percentage gain and one company showing similar declines. The most marked percentage rise came...
To attend this live digital discussion on Tuesday, November 15, 2016 at 1:00 PM (EST), please complete the registration form shown below: . . . . . . . . . . . . . Though many financial institutions recognize the opportunity to help middle market...
Big growth is expected over the coming years for the global ATM market. A new study by Grand View Research predicted that the rising demand for automated wireless communication devices, along with growing security standards, will drive the global ATM industry to reach $24.92 billion by 2022. There’s...
Corcentric just bought InfoAccess.net in a move to strengthen its account payable automated functions. COO Matt Clark told PYMNTS that the movement into the cloud and more streamlined AP functions helps firms save time and money.
Uber is asking customers in select cities to pay more when they order from restaurants that are in high demand. In a blog post last week, Uber said, in order to maintain the speed of delivery for its UberEATS service, customers in certain cities will have to...
The Office of the Comptroller of the Currency (OCC) disclosed it was hacked in September, reported The Wall Street Journal last week. According to the report, the banking regulator said the data breach had to do with a former employee at the agency removing more than...
SoFi, the online lender, is moving ahead with plans to roll out a life insurance product, reportedly acquiring licenses and inking a deal with Protective Life Insurance. According to a report by The Wall Street Journal, which cited documents and people familiar with the situation,...
