Icertis has teamed with SAP Ariba solutions in order to improve the source-to-contract process, 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...
Former Rue21 CEO Bob Fisch said in a recent interview that department stores were “fossils” and belonged in museums only, and new market data doesn’t seem to dispute his opinion. Amid the current coronavirus pandemic, department stores have the highest chance of defaulting among any...
Travelex, the foreign exchange company that was crippled by hackers on New Year’s Eve, reportedly paid a $2.3 million ransom to get their systems back online, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
With the coronavirus pandemic driving demand for financing by small companies, early payment volume is higher by 208 percent month over month per insights from Taulia. The insights show that small businesses require predictable and reliable cash flow to operate their companies amid challenging times,...
In today’s top news, Vroom has arrived at a multi-year deal with Santander Consumer USA for auto financing, and Uber Eats launched its food delivery services for business around the world. Plus, Starbucks is withdrawing its 2020 outlook. Get the Full Story Complete the form...
The 2020 Summer Olympics, which were to take place in Tokyo, have been rescheduled for 2021 as the spread of the coronavirus leaps over international borders and outruns human efforts to contain it. Get the Full Story Complete the form to unlock this article and...
Japan’s buy now, pay later (BNPL) startup Paidy announced it has closed a Series C extension funding round led by previous investor ITOCHU Corporation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With the COVID-19 pandemic bringing travel to a standstill, Away has announced it is furloughing approximately half of its team and laying off an additional 10 percent. The travel luggage company noted in a Medium post that it has seen sales of its products drop by over 90 percent...
It seems like a year ago, but it was actually only March 8 when discount retailer Burlington announced that it was abandoning its admittedly watered-down eCommerce offering. At the time, several analysts and publications (this one included) split their judgment on the move. On one...
