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Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

The recent woes of Sears and other struggling retailers are seen as an opportunity for the online retail giant. that the company is visiting sites of now defunct retail spaces. For example, Whole Foods managers went to a site in Utah that used to be a Kmart. Sources told Yahoo!

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Amazon To Build More Whole Foods Locations

PYMNTS

According to the report in the Wall Street Journal , Whole Foods Market aims to have stores in more suburban areas where it has been gaining customers since Amazon bought it. Prior to the acquisition, Whole Foods was in layoff mode as store growth was slowing.

Wyoming 159
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gpi Makes SWIFT Cross-Border Gains

PYMNTS

Through gpi, SWIFT and its community have managed to radically innovate the very core of correspondent banking,” said Chief Marketing Officer Luc Meurant in a press release providing the business update, and where universal update is being targeted for 2020. The application is for a special industrial loan company license.

Utah 134
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Data Dive, Supersize Edition: Warby Parker, Whole Foods And WhatsApp

PYMNTS

But the system has not yet managed its long-touted national expansion — and the issue at hand seems to be data processing. I think it’s safe to say it’s pretty important for us to launch payments in India,” said one person close to the company of the current stalemate of WhatsApp’s delayed entry into the market.

Data 139
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Facing Tougher Times, Prosper Marketplace Is Making Deep Staff Cuts

PYMNTS

The biggest individual cut will be a Utah office dedicated to lending for medical procedures, but 14 percent of Prosper’s San Francisco- and Phoenix-based workforce is also on its way out the door. Changing market conditions (and some higher-than-expected default rates) have changed the math and softened investor interest some.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Market opportunity. Stripe Connect and billing services help companies manage marketplaces, subscriptions. Expansion into emerging markets.

Online 98
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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

That alternative method of paying for purchases “on credit” got a boost with news this week that Visa Installments , a new point-of-sale (POS) credit solution, is being rolled out in pilot markets across the U.S. This follows a pilot rollout in Russia last month.

Lending 130