Neiman Marcus Can’t Persuade Chinese Customers To Pay Full Price

Neiman Marcus Can’t Persuade Chinese Customers To Pay Full Price
Neiman Marcus Can’t Persuade Chinese Customers To Pay Full Price
April 30, 2014  |  International

After purchasing a 44 percent stake nearly three years ago for a reported $28 million, Neiman Marcus is pulling out of China’s Glamor Sales Ltd....

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Intuit Considering Mobile-Finance App Check Purchase of $350M
Intuit Considering Mobile-Finance App Check Purchase of $350M
April 30, 2014  |  Merchant Innovation

According to sources familiar with the situation, Intuit is currently in talks to purchase Check, a Mint-like mobile-finance app that allows users to track and...

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Brightpearl Raises $10 M To Help Retailers With Management Tools
Brightpearl Raises $10 M To Help Retailers With Management Tools
April 30, 2014  |  B2B Payments

An enterprise platform that helps small to medium sized retailers with its cloud based management tools, received $10 million in series C funding round led...

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Cards, Regulation and Small Business Financing
Cards, Regulation and Small Business Financing
April 30, 2014  |  B2B Payments

Thirty percent of SMBs leverage business credit cards to finance their businesses. But the rules and regulations related to interest rates and APRs that protect...

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Vietnam’s Asia Commercial Bank to Deploy CyberSource
Vietnam’s Asia Commercial Bank to Deploy CyberSource
April 30, 2014  |  B2B Payments

CyberSource, a global provider of eCommerce payment management services, today announced a partnership with one of Vietnam’s largest privately held banks, ACB (Asia Commercial Bank)....

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Danske Bank Launches New Proprietary FX Platform
Danske Bank Launches New Proprietary FX Platform
April 30, 2014  |  B2B Payments

Danske Bank’s newest trading architecture newest platform focuses on the tier-2banks that require advanced FX trading platforms to compete in their marketplace, against multiple dealer...

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Xero and New Zealand’s ASB Bank Launch B2B Cloud Payments Solution
Xero and New Zealand’s ASB Bank Launch B2B Cloud Payments Solution
April 30, 2014  |  B2B Payments

Xero, an online accounting software company released a next-generation banking model in the Australian market after creating a joint initiative with the Commonwealth Bank’s New...

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Card Issuers Target The Affluent
Card Issuers Target The Affluent
April 30, 2014  |  Loyalty & Rewards

Perhaps it should come as no surprise, but consumers today are a lot less likely to own a credit card and carry card debt. The...

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Fiserv Sees 44% Jump In Q1 Profit As Client List Grows
Fiserv Sees 44% Jump In Q1 Profit As Client List Grows
April 30, 2014  |  B2B Payments

Financial services technology provider Fiserv Inc. on April 29 reported a 7 percent jump in first quarter total revenues, to $1.23 billion from $1.15 million...

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