News

B2B Payments
RBC Bank Automates AR Collection Reminders
February 11, 2020

The Royal Bank of Canada (RBC) is the first Canadian financial institution to offer businesses Interac eTransfer: Bulk Request Money for the efficient management of accounts receivable (AR), RBC announced Tuesday (Feb. 11). Get the Full Story Complete the form to unlock this article and...

News
Today In Payments: Mastercard To Join China’s $27T Payments Market; Uber, Postmates Lose Bid To...
February 11, 2020

In today’s top payments news, Mastercard was approved for a bank card clearing business in China, and a judge rejected Uber and Postmates’ request to stop California’s new gig economy law. Also, the Department of Justice charged four Chinese intelligence officers with the 2017 cyberattack on...

International
Online Orders Surge In China As Coronavirus Continues
February 11, 2020

In China’s Wuhan district, the epicenter of the coronavirus outbreak, many residents are not allowed to leave their homes, much less go out shopping. And even if they could, many stores are closed. This has caused a spike in online delivery services for companies like...

Delivery
Deliverr Lands $40M In Funding To Battle Amazon
February 11, 2020

How does a company compete with Amazon? At Deliverr, they attack what Amazon won’t handle – and now they have the funding to prove it. Yesterday, the smaller-scale fulfillment company closed $40 million in Series C funding, led by Activant Capital, bringing its total capital...

International
Uber Money Expands To India
February 11, 2020

In a move that bolsters its financial technology presence in India, Uber has put an Uber Money team into place in Hyderabad. Uber Money teams are also located in Palo Alto, Amsterdam, New York and San Francisco tech centers, Livemint reported. Get the Full Story...

Global Payments
SWIFT gpi Transferred Over $77T In 2019
February 11, 2020

Cross-border transfers over SWIFT’s global payments innovation (gpi) topped $77 trillion last year, almost double the $40 trillion that moved through the service in 2018, SWIFT announced on Tuesday (Feb. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Why Kids’ Clothing Subscriptions Are All About Saving Time
February 11, 2020

Clothes shopping for yourself can be a time-consuming chore at times, but clothes shopping for children is pretty much always a time-consuming chore, especially if the kids come along on the trip. Between the finding, the try-ons and the arguments about what constitutes too many sequins,...

Retail
Under Armour Forecasts Sales Declines In 2020
February 11, 2020

As it experiences strong competition from Lululemon and Nike, Under Armour is predicting a sales drop this year as it grapples with bringing customers to its training sneakers and shirts that wick sweat. The sportswear company also said it could see an impact of as high as...

Retail
Reseller Market Maintains Momentum With Nordstrom’s Entry
February 11, 2020

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...