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, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Good news from athletic retailer Foot Locker looks like it’s good news for shoe giant Nike as well. Both companies stocks rallied on Monday (Aug. 10) after Foot Locker reported an 18 percent spike in second-quarter comparable store sales, attributing the gains to pent-up demand...
Boston-based Advent International, a global private equity firm focused on overseas buyouts, has purchased a stake in the United Kingdom’s parcel delivery group Hermes for 1 billion euros ($1.3 billion). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Back-to-school shopping is normally one of the most consistently positive times for U.S. retailers. Parents and educators descend upon stores en masse, snapping up folders, notebooks and whatever else is on the school’s back-to-school supply list. Get the Full Story Complete the form to unlock...
Treasury Secretary Steven Mnuchin has come out against social media video-sharing app TikTok, saying in a CNBC interview on Monday (Aug. 10) that President Trump has decided it cannot be allowed to go on as it has been. Get the Full Story Complete the form...
Investigators examining alleged wrongdoing at once high-flying UAE healthcare provider NMC Health are exploring whether the company falsified drug orders to inflate the books of a related company through which NMC raised debt, the Financial Times reported on Monday (Aug. 10). Get the Full Story...
No matter where you look, the pandemic has put up serious barriers to economic growth – and at the same time, has forced business models to pivot from in-person, face-to-face interactions toward digital offerings. Get the Full Story Complete the form to unlock this article...
In today’s top news, Western Union is looking for merger and acquisition opportunities, and Amazon and Simon Property Group are in talks to turn empty department stores into fulfillment centers. Plus, the Federal Reserve’s Neel Kashkari urges a restrictive lockdown to defeat the coronavirus. Get...
