Gap Inc. reported as part of its fourth-quarter and fiscal year 2020 results that pandemic-required store closures in global markets and softer store traffic in some U.S. regions with stay-at-home limitations impacted sales in the fourth quarter. Get the Full Story Complete the form to...
Dealmaking – and clearing regulatory hurdles – is paving the way for real-time payments to make the leap from concept to reality. Progress continued as Mastercard said on Friday (March 5) that it completed the acquisition of a majority stake in Nets’ Corporate Services business...
Costco Wholesale Corporation, which operates just over 800 warehouses, reported its net sales for the second quarter climbed by 14.7 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Giving a sense of the scope of digital transformation happening in developing markets, contemplate this: “The share of Brazilian consumers who consider digital channels their preferred means of shopping has grown by more than 30 percent to make up 46 percent of consumers.” It marks...
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The start of 2021 opened up with a flurry of activity in the B2B FinTech venture capital space, but as March moves ahead, funding activity seems to have settled down. This week’s investment roundup includes just four deals, but still managed to pull more than...
The small business accounting landscape is on an evolutionary fast-track thanks to a variety of factors, from the rise of B2B FinTech solutions to the global pandemic and remote working requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
For many of us, the past year has been something akin to a “digital immersion class”— and it’s been mandatory, not elective. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As an organization that has been in business for about 170 years, Western Union knows a thing or two about the evolution of modernization. Built upon the foundation of paper, the company has embraced the opportunity within electronic payments over time in a powerful modernization...
