Troubled British department store chain Debenhams is asking for relief from landlords for five months of rent as it anticipates trouble from the ongoing coronavirus scare, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article...
Things are getting a bit testy in retail land. The world’s largest retail trade group sent a letter on Monday (March 16) to the National Governors Association and the U.S. Conference of Mayors stating its subtle displeasure about retailers finding out about mandatory store closures...
Western Union is partnering with Integral for a new risk management mechanism called Integral BankFX, according to a press release. 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...
Payhawk, which makes next-generation paperless company cards, closed a 3-million-euro ($3.35 million) seed funding round primarily aided by Earlybird’s Digital East Fund, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A new Goldman Sachs deal will allow more companies to work with with the wide swathe of businesses using SAP’s Ariba Network, which boasts trillions of dollars in commerce transactions annually, according to a press release. Get the Full Story Complete the form to unlock...
Cross-border payments via Swift’s ISO 20022 migration, originally set to roll out by November 2021, have now been set back a year and are expected to come by the end of 2022 instead, according to reports. Get the Full Story Complete the form to unlock...
Shop101, the social commerce startup, has raised $3.9 million in a Series C funding round. Its current investors Kalaari Capital, Vy Capital, Unilever Ventures and Stellaris Venture Partners led the fundraising, according to a report from DealStreetAsia on Monday (March 16). Get the Full Story...
In today’s top news, factory production in China experienced its worst decline in 30 years, and Apple Card users will be allowed to skip March payments without incurring interest. Plus, Karen Webster outlines what we can learn about the future of the connected economy, based...
Payments company Finablr has said that it could be in danger of collapsing, and the Financial Conduct Authority (FCA) has frozen its trading, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
