Swedish furniture company IKEA now has a second online-only store in India, this one in Pune. The store follows an earlier, similar model that opened in Mumbai without an actual building, according to reports. The rollout furthers IKEA’s strategy to connect with Indian consumers, and...
Labor peer Lord Jonathan Mendelsohn, a member of the House of Lords of the British Parliament, has introduced a bill to combat late payments and to help make the small business commissioner more powerful, according to a release. Get the Full Story Complete the form...
Microsoft President Brad Smith doesn’t agree with Alphabet Chief Executive Sundar Pichai’s backing of the EU’s call for a temporary ban on facial recognition technology, Reuters reported on Monday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Supplier discovery platform scoutbee has raised $60 million in a series B funding round led by Atomico, with Lakestar, Next47, HV Holtzbrinck Ventures, 42CAP and Toba Capital all participating, according to a release. Get the Full Story Complete the form to unlock this article and...
FinTechs are helping merchants coordinate all of the different components that a payment entails with payments orchestration. Modo CEO Bruce Parker told PYMNTS that the term signifies “the ability to keep track of all of the different moving parts of a payment” throughout its entire lifecycle....
Singapore-based financial services company DBS has launched an industry-first, QR code-based solution for B2B payments and collections, the company announced on Monday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Federal Trade Commission (FTC) has filed a suit against Georgia fuel card firm FLEETCOR, alleging that it bilked customers out of millions of dollars in hidden fees, a charge the company denies, according to reports on Monday (Jan. 20). FLEETCOR said it “strongly disagrees...
Not to be cynical, but mention the world “stationery” to people these days and odds are they minds will move toward a similar word, stationary — the concept of lack of motion, as in a couch potato or a broken-down car on the side of...
As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
