In a legal complaint filed with a New York court, luxury fashion brand Valentino SpA is requesting that the courts end its lease for a store in a prime tourist spot in Manhattan. The location is in a highly desirable stretch of Fifth Avenue that...
Managing relationships with multiple payment service providers and accounting for FX fluctuations can all strain merchants’ resources and stunt their growth, says Keala Gaines, eBay’s head of global payments services. In the new Payments Orchestration Playbook, Gaines discusses how eCommerce marketplaces can ease such frictions...
Corporate fraud continues to plague businesses large and small, and in this week’s B2B fraud tracker, many of the latest cases of nefarious activity within the enterprise can be traced back to the continued use of paper and legacy systems. Get the Full Story Complete...
The rise of enterprise Software-as-a-Service has undoubtedly benefitted corporates large and small, transforming their back offices and lowering barriers to digital transformation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Wirecard AG, the Munich, Germany payment processor, acknowledged Monday it’s likely the missing 1.9 billion euros ($2.1 billion) from its accounts in the Philippines never existed, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Checkout.com, the London-based online payments software platform, has nearly tripled it worth to $5.5 billion following a $150 million round of fundraising, the company announced Monday (June 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A record $2 trillion has been deposited into U.S. bank accounts since the coronavirus first hit the U.S. in January, according to a report by the Federal Reserve Board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Facebook could be looking to take over Neiman Marcus‘ space at Hudson Yards in Manhattan, according to an unnamed source in a Women’s Wear Daily report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The new coronavirus has led many businesses and consumers to seek out ways they can receive payments more quickly, but for some, this is only the latest development in a longer curve toward payment innovation. The financial and insurance industries, for example, have both been...
