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ShipMonk Pulls In $290 Million For eCommerce Growth Effort

PYMNTS

Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions. The ShipMonk funding is part of a surge in cash going to such B2B companies as GoSite , which targets small and medium-size businesses (SMBs) that are moving operations online.

Boston 167
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China’s Tencent Is Researching Potential Company Cryptocurrency

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Chinese technology company Tencent has announced it’s going to start researching cryptocurrency and its implications for an ongoing project in blockchain, according to reports. The purpose is to introduce a brand new program for users that’s geared toward the diamond industry.

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Tax Season Helps Green Dot to Beat Q1 Revenue Estimates

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Green Dot on Wednesday (May 9) reported that total operating revenue increased 25 percent year over year in the first quarter, to $315 million. A “material contributor” to growth in the first quarter included the new branded prepaid card for TurboTax customers, CEO Steve Streit said on the post-earnings conference call Wednesday.

Taxes 100
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LendingPoint Unveils Retail Financing Platform

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LendingPoint Merchant Solutions combines LoanHero’s merchant onboarding, program management and reporting technology with LendingPoint’s credit underwriting, risk management and customer service expertise. Since its founding in 2014, LendingPoint has issued nearly $500 million in consumer loans to more than 70,000 borrowers.

Retail 100
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The Complicated — And Increasingly Crowded — Payments Battle In China

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Some question whether the card-payment network operator will be able to overcome the struggle to “remain relevant” in a market that is quickly changing — and where consumers may soon be leaving card-based payments behind entirely. Literally every business and brand in China is plugged into this ecosystem.”.

Payments 116
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Domino’s Mobile Order-Ahead 2.0: How Voice, 5G Can Deliver

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Nearly every chain now has an app presence, so it’s easy to forget that the technology was rare just 10 years ago. Former CEO Patrick Doyle even famously claimed that Domino’s was a technology company that happened to sell pizzas rather than a pizza chain. The Future of Mobile Ordering .

Mobile 145
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NEW DATA: Smart Tech Makes Street Parking Smarter

PYMNTS

Thankfully, today’s parking kiosks have moved beyond coin-operated solutions to accept dollar bills, credit and debit cards, mobile wallet and mobile app payments. Meanwhile, the next stage of parking kiosk technology appears to be underway in Spain. Between 2017 and 2021, parking kiosk shipments are expected to increase by 8.62

Data 125