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DoorDash Ordered To Cut DashPass Commissions By DC Attorney General

PYMNTS

to stop charging eateries a 30 percent fee on each order through the delivery company’s DashPass subscription offering, Reuters reported, citing an unnamed source. News of the reported letter comes on the heels of DoorDash reaching a $2.5 The letter that was sent to the delivery company on Tuesday (Dec.

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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

Associate Director Evangelista stressed “responsible innovation” by the cryptocurrency industry, in order to protect consumers and national security interests, as well as to combat cybercrime and other illicit financial activity. Responsible Innovation “.

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Amazon Opens Bookstore In DC

PYMNTS

The store occupies a space that formally housed a Barnes & Noble store in Georgetown, The Washington Post reported. Recode , citing multiple people familiar with Amazon’s plans, reported news that the eCommerce giant is planning to open as many as six new Amazon Go locations in 2018.

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DoorDash Shares Surge Over 85 Pct On First Trading Day

PYMNTS

The food delivery company trades under the ticker symbol of “DASH.”. DoorDash said more than 390,000 businesses harness the app, according to a published report that cited the firm’s prospectus. DoorDash said more than 390,000 businesses harness the app, according to a published report that cited the firm’s prospectus.

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Amazon Toured Sites In Washington, DC, Area Last Week

PYMNTS

The report noted there are nine or more sites in the D.C. According to the Post , the company is looking for 8 million square feet of office space to grow into over the course of a decade or more, including 500,000 square feet starting in 2019. Washington, D.C., Montgomery County, Maryland, and Northern Virginia.

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Stitch Fix, Apparel Subscriptions Adapt To Work-From-Home World

PYMNTS

At a time when brick-and-mortar stores continue to feel the effects of light traffic and reluctant shoppers, Stitch Fix’s business model of sending a box of hand-selected clothing and accessories straight to the consumer’s door each month is working, as the company added 240,000 new members last quarter alone, and now has more than 3.8

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18 Corporate Innovation Labs In Healthcare

CB Insights

And as the space evolves, companies, universities, and hospitals are looking for ways to stay ahead of the curve. One solution: in-house healthcare innovation labs. Get the 47-page google in healthcare report. Sometimes corporate innovation goes wrong , and we’ve written about corporate innovation theater before.