News

B2B Payments
HDFC Taps Mastercard, SAP Concur For T&E Tech
February 18, 2020

India’s HDFC Bank has teamed up with Mastercard and SAP Concur to manage corporate travel and expense management, according to a report by The Economic Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Cereal Makers Aim To Move From Sweet Tooth To Healthy Profit
February 18, 2020

You better eat your Wheaties. At an average of $3.74 a box, even with Russell Wilson or Serena Williams on the cover, it has been a staple of the General Mills cereal business as it competes for shelf space along with Kellogg’s Corn Flakes, Cheerios...

B2B Payments
SumUp, Mastercard Intro Business Payments Card
February 18, 2020

U.K. FinTech SumUp is launching its first card for business payments, in partnership with Mastercard, SumUp announced in a blog post on Tuesday (Feb. 18).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

News
Today In Payments: Alibaba’s Loans For Coronavirus-Affected Firms Near $3B; Japanese Sales Tax Triggers 6...
February 18, 2020

In today’s top news, Alibaba has made almost $3 billion in loans available for companies hurt by the coronavirus, and Japan’s recent sales tax triggers fears of a recession. Also, HSBC cuts 35,000 jobs and $100 billion in assets in a streamlining and restructuring effort....

eCommerce
Malaysian eCommerce Firm Takes 7-Figure Stake In BizApp
February 18, 2020

Commerce.Asia, an all-in-one eCommerce and technology company, has purchased a 30 percent stake in business platform BizApp, which helps businesses and brands manage daily operations and order fulfillment, according to a report by DealstreetAsia. Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
1-800-Flowers Buys Bed Bath & Beyond’s Personalization Mall
February 18, 2020

Bed Bath & Beyond needs cash. 1-800-Flowers needs to find new growth. Today (Feb. 18) they met over a Bed Bath & Beyond property called Personalization Mall, 1-800 paid $252 million and both parties achieved at least a portion of their priorities for 2020. Get...

Security & Fraud
Mastercard Introduces European Cybersecurity Center
February 18, 2020

Mastercard is developing a cutting-edge European cybersecurity center for public and private stakeholders to work on advancing regional fortitude, Mastercard announced on Tuesday (Feb. 18) in a blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Curating The Confusion Out Of Clean Beauty
February 18, 2020

As the wellness trend has expanded and intermingled with the beauty and cosmetics industry, the term concept of “clean” beauty has increasingly risen to prominence. What exactly that term means can vary. For some firms it means they don’t test on animals, with other firms it...

Retail
The Mattress Company That’s Ready For Its Un-Casper-Like Closeup
February 18, 2020

In some ways, sleep and bedding retailer Essentia has the perfect Hollywood story. An epic one, actually. It has heartbreak, redemption, famous people, family ties and, of course, mattresses and pillows. Yet, while the story of one of its competitors is all over the news,...