Nordstrom’s recently-opened flagship store in New York City has 320,000-square-feet of shopping across seven floors — and no less than 10 restaurants, making it a destination for eating as well as shopping, Forbes reported on Monday (Dec. 30). Get the Full Story Complete the form...
Barney’s has given way to Saks Fifth Avenue, directing shoppers to the latter’s sites in these last days of the year, one of the latest changes in luxury retail in 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
This year, eCommerce innovators welcomed consumers who wanted to rent — instead of own — their wardrobes, with clothing rental startups growing their reach through the help of new offerings and partnerships. And, in some cases, brick-and-mortar retailers brought these concepts to their own brands with...
Corporate profits are at all-time highs and the markets are mad bullish. So why are companies “borrowing” $1.6 billion a month from employees, in the form of business expenses being paid with personal monies and reimbursed later? It’s an excellent question, and one that virtual...
Chinese banks are easing loan requirements in an attempt to stimulate a stalled economy and fulfill the government’s goal to increase small business lending by 30 percent, the Financial Times reported on Sunday (Dec. 29). Get the Full Story Complete the form to unlock this article and...
Digital banking and payments firm i2c is partnering with borderless digital payments platform Wirex to introduce a multicurrency travelcard for customers in the Asia-Pacific (APAC) region, Wirex announced on Sunday (Dec. 29). The hybrid personal banking alternative enables people to use crypto, as well as...
The Open Banking business model has derived mixed reactions from the financial services market, and without a regulatory mandate in the U.S., it’s not entirely clear how deeply the data sharing strategy will proliferate. Get the Full Story Complete the form to unlock this article...
This year, B2B payments technology made strides toward speed, transparency and efficiency as service providers took advantage of a massive market opportunity: corporates’ payment demands are growing more sophisticated, yet they continue to rely on checks and legacy tools. Get the Full Story Complete the...
Today (Dec. 30), PayPal President and CEO Dan Schulman announces a tie-up with Latin American eCommerce conglomerate Mercado Libre, which sees PayPal and Mercado Libre’s ePayments offering, Mercado Pago, adding support for each others’ online payment acceptance capabilities. Their collaboration reflects the rising importance of...
