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Retail Pulse: The Price Must Be Right

PYMNTS

It’s been a week of experimentation in retail, with many big names opening new types of stores to β€” as the saying goes β€” see what sticks. It seems more likely that these brands will uncover their key rather than some universal master retail key that can solve the brick-and-mortar challenge across the board.

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Huntington Now Offers Real-Time Payments For Consumers, SMBs

PYMNTS

Regional bank holding company Huntington is now using the RTP network, meaning it now has a new real-time payments option to help people get money nearly instantly, according to a press release. “Real-time payments is a tremendous leap forward in meeting their needs for greater speed, security and efficiency in payments,” Hastings said.

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Paytm Seeks BigBasket Partnership To Take On Flipkart, Amazon

PYMNTS

India-based eCommerce marketplace Paytm Mall wants to work more closely with regional retailers and team up with eCommerce grocery service BigBasket to compete with Flipkart and Amazon, according to recent Reuters reports. It is currently the third-largest company competing in the country’s retail space. β€œWe

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Target Expands Same-Day Shipping In NYC

PYMNTS

Target has announced it is expanding its same-day shipping service through Shipt across stores in 10 regions within the greater New York City metro area. Earlier this month, the retailer announced it has expanded its Drive Up service to 200 additional stores in the Midwest and select states with its latest expansion of the service.

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Klarna Goes Live with SAP’s Smart AFI

Fintech Labs Insights

Online payment solutions company Klarna has made a move that furthers its goal to become “the world’s favorite way to buy” The Ohio-based company has gone live with SAP’s Smart Accounting for Financial Instruments , ( Smart AFI ). GAAP standards, comes as a part of SAPs Bank Analyzer 9.0