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North Lane, daVinci Payments Finalize Merger; Form Syncapay

PYMNTS

North Lane Technologies and daVinci Payments said they have finished their merger, making a "high-growth, premier payment company with innovative technology and solutions," according to a Thursday (Dec. 10) announcement.

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Kroger Teams With ClusterTruck To Serve Up ‘Ghost Kitchens’

PYMNTS

is launching two “ghost kitchens” in its stores in partnership with Indianapolis-based ClusterTruck , which operates delivery-only restaurants. The operation will deliver restaurant-quality food from a menu of 80 meals. an Illinois-based foodservice distributor, announced its plans to help restaurant operators launch ghost kitchens.

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Digital IDs Help Open Banking Reach Its Fullest Potential

PYMNTS

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen , chief operating officer at identity verification firm Trulioo told Karen Webster in a recent interview. The Pandemic Is Speeding Innovation Up. Regulation Vs. Market Forces. Cohen said.

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Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

The first opening will take place in Frisco, Texas next March, followed by Indianapolis, Indiana; Lexington, Kentucky; Schaumburg, Illinois; Boulder, Colorado; and Portland, Oregon in the second quarter of 2017. Less is more,” Dustin Netral, SVP of operations for Fabletics, said in a press release.

San Diego 190
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Payroc Combines With NXGEN, Payscape, BluePay Canada To Serve 46 Countries

PYMNTS

The operation will carry an enhanced, innovative Payroc brand, offering full-service global merchant acquirer services and payments processing in 46 countries. Illinois-based Payroc is a privately held full-service payment processor founded in 2003, servicing over 30,000 clients, and processing over $10 billion in annual card volume.

Illinois 100
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7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” We’re always looking to innovate and disrupt,” Singh said.

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14 Corporate Innovation Lab Products That Changed The World

CB Insights

Today, it seems like every large corporation has its own “ innovation lab.”. Few are more critical of the model than startup entrepreneurs and VCs, who argue that corporate innovation labs are mostly innovation theater. Get the Best of corporate innovation. Get the Best of corporate innovation. Waymo (Google X).