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How B2B Payments Fraud Hides Within The Enterprise

PYMNTS

The Securities and Exchange Commission recently issued an announcement of charges filed against the CEO of Trustify, an online marketplace to connect users to private investigators, in an alleged fraud scam. The company was reportedly unable to pay its suppliers as a result, the SEC said. Gibson said in a statement.

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Philly Mall Owner Sets The Tone For Digital 3.0

PYMNTS

A Philadelphia-based mall owner is taking a proactive approach to the digital shift and back-to-school shopping. PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective.

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Community banks most likely to approve small business loans

Abrigo

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

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Amazon Advances Grocery Store Plans

PYMNTS

grocery stores with locations in Chicago, Philadelphia and Los Angeles. The eCommerce retailer is also reportedly eyeing grocery spaces in New Jersey, Connecticut and the New York metro region. That was compared to 16 percent growth notched in its online stores per Amazon’s earnings statement, as cited by the report.

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Reinventing Retail’s ‘Anchor Store’ For The Omnicommerce Age

PYMNTS

Instead of buying merchandise to resell, brands rent shelf space and offer infrastructure/logistics support to those direct-to-consumer brands that want distribution, but lack the logistics expertise to do so strictly online. We estimate that we will still see 70 percent of the purchases we deal with happening online.

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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. Automotive sales are increasing going digital — and more consumers are buying more used products of all types online.

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Tastewise Brings Data To Dining

PYMNTS

Tastewise uses artificial intelligence (AI) and machine learning to analyze food — or more specifically it uses it machine learning to analyze the billions food and beverage consumer interactions with food documented online — and presents its findings to restaurants and brands hoping to quickly pinpoint emerging areas of consumer demand.

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