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The Rise of Alternative Data in the Lending Market

Bank Innovation

EXCLUSIVE – There were conflicting views on the importance of the FICO score at the PayThink Conference in Phoenix this week. While only some professionals were bold enough to say the standardized credit scoring has become marginalized, others maintained that it was here to stay.

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PayPal Takes The Court With WNBA’s Phoenix Mercury

PYMNTS

While the last few years has seen a lot of expansion out of PayPal , it’s latest announcement with the WNBA’s Phoenix Mercury certainly stands out. ” A post shared by Phoenix Mercury (@phoenixmercury) on Apr 8, 2019 at 10:09am PDT. The Phoenix Mercury was the first team in the WNBA to sign a sponsor patch deal.

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What U.S. Tourism Means to Alipay

Bank Innovation

payments markets with a focus on the industries that cater to Chinese tourist, according to a keynote by Souheil Badran, President of Alipay North America, at the Paythink Conference in Phoenix. Ant Financial operates Alipay, a digital payment platform. At […].

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eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff

PYMNTS

Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan. These market closures have an effect not just on riders, but on our whole Lime community.

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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. .” Customers can place their beer orders via the 7Now app.

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ALDI Plans 70 New Store Openings In Expansion Push

PYMNTS

The value grocery chain also said it intended to come into the greater Phoenix market and continue to support Gulf Coast store growth with a new Alabama distribution center, according to a Tuesday (July 21) announcement. As it stands, the company operates 180 retail locations in Florida as well as Alabama.

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Amazon, Whole Foods, ALDI Open Grocery Stores Despite Pandemic

PYMNTS

Amazon Fresh, a new physical retail concept from Amazon, is setting up shop in four locations in the Chicago market, the Chicago Tribune reported. Furthermore, Whole Foods Market lists new store openings In Sherman Oaks, California; Sunnyvale, California and Fort Lauderdale, Florida.