News

Mobile Payments
Ant Financial Aims For 2B Users But Has No IPO Plan
November 19, 2019

Chinese payments company Ant Financial has plans for the future — but going public isn’t one of them. 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
Walmart CEO Says He Understands Need For Change
November 19, 2019

The CEO of Walmart, Doug McMillon, said that he understands how Walmart needs to constantly change to stay around and avoid dying off, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Squarespace Seeks $400M Credit Line Ahead Of Potential IPO
November 19, 2019

Website services company Squarespace is reportedly seeking a $400 million credit facility, a move that generally precedes an initial public offering (IPO), according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Will 2019’s Tech Stock Rise Be Undone In 2020 By Regulators’ Probes?
November 19, 2019

How do you value a company if you don’t know what the company will look like? 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...

Retail
Kroger Becomes First North American Grocer To Launch In-Store Farms
November 19, 2019

Grocery retailer Kroger is partnering with Berlin farming startup Infarm to offer “living produce farms,” Kroger announced in a press release on Tuesday (Nov. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
WEX Links Corporates To Billtrust’s AP Solutions
November 19, 2019

Commercial payments company WEX has announced a partnership with order-to-cash solution provider Billtrust in an effort to address accounts payable (AP) friction for its clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Can Western QSR Brands – And Others – Gain More Power In China?
November 19, 2019

Two famous North American-based quick-service restaurant (QSR) brands are preparing to duke it out in China for chicken-meal supremacy, the most recent sign of how Western brands are trying to increase their footholds in that massive country. Get the Full Story Complete the form to...

B2B Payments
Basware Enhances Vendor Sourcing In B2B Marketplace
November 19, 2019

Electronic invoicing and source-to-pay company Basware has introduced new features into its Marketplace eProcurement offering, the company said on Tuesday (Nov. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Indian Official Says Law Allows Government To Pry
November 19, 2019

The government of India has the legal right to monitor and decrypt digital information on citizens’ devices, TechCrunch reported Tuesday (Nov. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...