News

Retail
US Could Apply Tariffs On French Products
December 03, 2019

The U.S. is reportedly moving ahead with tariffs that could be as much as 100 percent on French products. U.S. President Donald Trump and French President Emmanuel Macron, however, had initially come to a deal on France’s tax on tech companies, according to reports. Get the...

Investments
Paytm Backs Bus Ticketing Firm Infinity With Estimated $1.4M
December 03, 2019

Paytm parent company One97 Communications has made a strategic investment in the travel software provider Infinity Transoft Solutions, Times of India reported Tuesday (Dec. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
British Retailers Experience Strong Black Friday
December 03, 2019

Retailers in the U.K. enjoyed a strong Black Friday despite forecasts that the holiday would leave shopping malls empty. Barclaycard reported an “outstanding” Black Friday in comparison to last year and noted that its transaction value was up 16.5 percent in comparison to the prior...

B2B Payments
Finding The Right Fit For Cross-Border B2B Payments
December 03, 2019

The expansion of traditionally consumer-focused FinTechs widening their solution scope to include B2B payments tools exemplifies just how massive the opportunity is for service providers to tackle friction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Corporate Cards’ Collaborative Approach To SMB Adoption
December 03, 2019

Though commercial card innovation has recently hit an acceleration point, there is still plenty of room for progress. 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 to...

Retail
Lord & Taylor To Open Small NYC Store For Holidays
December 03, 2019

Lord & Taylor is opening a small shop in New York City for the holiday shopping season. 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 to our...

Digital Banking
UK Digital Bank Monzo Taps Visa Exec As US CEO 
December 03, 2019

London’s digital unicorn Monzo has appointed TS Anil to head U.S. operations as chief executive officer (CEO), Monzo said in a press release on Tuesday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Faster Payments
How Instant Payments Ignited In Just Three Short Years
December 03, 2019

Real “hockey-sticking” ignition is a fairly rare phenomenon. 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 to our daily newsletter, PYMNTS Today. By completing this form, you...

Partnerships / Acquisitions
What’s Next For Payments And Merchant Services Megamergers?
December 03, 2019

It’s been a wild ride for payment and merchant services in 2019. Big mergers have changed the landscape, instant and same-day payments are gaining ground, and integrated services and point-of-sale (POS) systems are reshaping transactions and even some business operations. Get the Full Story Complete...