News

News
Today In Payments Around The World: Facebook Takes Dating App To Europe; WhatsApp Allows Businesses...
October 23, 2020

In today’s top payments news around the world, Facebook is bringing its online dating tool to Europe, while cross-border mobile messaging program WhatsApp is introducing new offerings that will let companies sell inside of chats. Plus, daVinci Payments will merge with North Lane Technologies for the...

Investments
Bill Ackman, Emil Michael And The Risk Factors Around SPACs
October 23, 2020

On Wall Street, as they say — you pays your money, you takes your pick. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Partnerships / Acquisitions
Activist Investor Starboard Mulls ACI As Potential M&A Prey
October 23, 2020

Activist investor Starboard Value already has 10.5 million shares — a 9 percent stake — in payments giant ACI Worldwide but is now eyeing the company for a potential takeover, according to a Reuters report on Thursday (Oct. 22). Get the Full Story Complete the...

Retail
The Gap Sets Out Digital-First Strategy
October 23, 2020

The Nike retailing model has shown itself again as The Gap announced Thursday that it will close underperforming stores, focus on the digital-first economy and exit its mall locations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Black Friday Loses Deep Discount Retail Strategies
October 23, 2020

Despite the fact that many retailers are creating their own versions of Black Friday, the traditional one that happens the day after Thanksgiving will still occur as a retail event. The overcrowded stores and the insane rush to grab the latest bargain may not be...

Retail
Tractor Supply Company Net Sales Rise 31.4 Pct
October 23, 2020

Rural lifestyle retailer Tractor Supply Company reported net sales climbed 31.4 percent and comparable store sales rose 26.8 percent in Q3, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
UK Retail Sales Volumes Climbed 1.5 Pct In September
October 23, 2020

The U.K.’s Office for National Statistics reported on Friday (Oct. 23) that retail sales volumes rose by 1.5 percent in September in contrast to August, marking the fifth straight month of expansion, according to a statistical bulletin. Get the Full Story Complete the form to...

B2B Payments
Avoiding The Missteps Of International Payroll
October 23, 2020

Hiring global contractors can be a cost-efficient way for organizations to obtain top talent, and with today’s modernization initiatives, access to those workers across borders is easier than ever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Managing The Juggling Act Of Third-Party Supplier Risk
October 23, 2020

The gradual digitization of the enterprise and migration to the cloud has resulted in untold amounts of digital data being stored and shared across business partners. It’s for this reason that cybersecurity risks have climbed to the top of procurement professionals’ minds as they develop...