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One Food-Ordering App To Rule Them All

PYMNTS

It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. The OrderUp acquisition from Groupon ended on similar terms, with Groupon customers gaining coupon codes and gift cards to certain Grubhub-participating restaurants.

Baltimore 138
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Merchants Gone Wild: The Surcharge Edition

PYMNTS

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. The ability for merchants to surcharge in the U.S. is nothing new.

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Why One Startup Is Desperately Seeking Regulation

PYMNTS

Officials at the Office of the Comptroller of the Currency (OCC), the national bank regulator, told the Boston startup they would weigh its request. The OCC offers few limited-purpose charters, mostly for trust companies or credit card issuers. In the last 10 years, it has issued eight such charters.

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Sizzle Or Fizzle: Uber, Bitcoin, Botnets, SWIFT – And The Wells Wallets

PYMNTS

The weather in Boston – and it’s about darn time. Overall, according to the Global Fraud Attack Index that we do with Forter every quarter, fraud attempts are up 217 percent, putting nearly $5 of every online sale at risk. You want to know what really sizzled this week? As for payments, here are this week’s picks and pans.

Bitcoin 109
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In Favor Of Delivery: The Growing Omnichannel Store-To-Door Ecosystem

PYMNTS

Also, Mintel’s Foodservice Trends 2016 report found that 77 percent of Americans said they would use online food delivery services. According to Mintel, one-third of online delivery users would even be willing to accept higher delivery fees if it meant receiving their food faster. That’s a hearty slice of the delivery pie.

Resources 102
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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

via Beta Boston. For millions of consumers accustomed to using credit and debit cards, the proposition of using a fingerprint hasn’t been all that appealing. “It’s hard to fight the credit-card companies,” says Gartner (IT) analyst Avivah Litan. via MDDI Online. ” via Boston Globe.

Capital 78
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Dark Web Marketplace Hansa Bans Fentanyl Sales In Wake Of AlphaBay Takedown

PYMNTS

Sites like eBay, Etsy, Alibaba and lesser-known online marketplaces would see an influx of Amazon “refugees,” and consumers would likely crown a new eCommerce King before long. Selling not only substances and guns, but also stolen credit card credentials and other illegal goods, the company made an estimated $600,000 to $800,000 per day.

Marketing 101