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Airline Industry Caught In Late Payment Spats

PYMNTS

Late payments can threaten supply chains in any industry, but one sector in particular has seen the supplier payments struggle turn stark in recent days. In a similar vein, Airbus and industry giant Boeing are reportedly struggling with their own supplier issues. The value of those six aircrafts total at $1.6 The company posted $77.8

Industry 101
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Airbnb Challenger WhyHotel Scores $20M For Luxury Room Rentals

PYMNTS

With the advent of Airbnb , a number of startups have been created in its wake, with the intent of disrupting the hotel industry and encouraging new ways for people to relocate and take vacations. The company has properties in Seattle, Houston, Arlington and Tysons Corner, Virginia. WhyHotel has raised $35 million so far.

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Einride Presses The Pedal On Autonomous Delivery

PYMNTS

Sweden-based Einride , which makes autonomous delivery vehicles, has raised $25 million in fresh capital. Scant information was immediately available from Einride, which appears poised to use that capital to expand internationally and otherwise continue development of its electric Einride Pods. For instance, Kroger Co., Freight Play.

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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Houston-based First Service Credit Union has selected a third-party provider’s digital banking suite to enhance its members’ online access to financial services. Coast Capital On The Innovations Driving CUs’ Digital-First Future. It will allow the institu tions to use one solution for the entire process. About The Tracker.

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Neiman Marcus Emerges From Chapter 11

PYMNTS

He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm. The plan was approved by the U.S.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

“Verizon launched the world’s first commercial 5G Ultra Wideband network in October 2018 with the rollout of 5G Home broadband internet service in Houston, Los Angeles, Sacramento and Indianapolis,” the company said. 5G Potential. As PYMNTS has reported , Verizon plans to bring its 5G technology to 30 U.S. cities by the end of 2019.

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How QSRs Bring Mobile And Digital Payments To The Table

PYMNTS

The explosive growth has caused industry experts to forecast that the mobile order-ahead market will reach $38 billion by next year. And online ordering platforms are raising capital: ChowNow , for instance, announced in May that it had notched $21 million in venture funding.

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