News

Retail
Hudson’s Bay Inches Closer To Go-Private Deal
October 21, 2019

After an investor group raised its offer, Hudson’s Bay Co. has inched closer to leaving the public markets. The retailer said it has inked a deal that would let a shareholder group headed up by the chairman of Hudson’s Bay to take the firm private...

Retail
Sony Aims To Put The Spotlight On Medical Technology
October 21, 2019

As Sony looks to prove the worth of its medical business, its booth was notable for the products that were not present as it returned to the largest consumer electronics show in Japan for the first time in six years. An advanced system to analyze cells...

Global Payments
Flywire’s Decade Of Focus On Life’s (Cross-Border Payments) Moments
October 21, 2019

For Flywire, the decade that’s about to wrap up in three months has been about much more than just a name change. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Authentic Brands Offers $271M To Purchase Barneys Out Of Bankruptcy 
October 21, 2019

A licensing company that owns Aeropostale and Juicy Couture has put in a $271 million bid to purchase luxury brand Barneys out of bankruptcy, with a plan to place the stores inside Saks Fifth Avenue stores. Get the Full Story Complete the form to unlock...

Regulation
Are SCA Delays A Blessing Or A Curse?
October 21, 2019

This week, the European Banking Authority (EBA) extended the deadline for Strong Customer Authentication (SCA) to Dec. 31, 2020. The news follows an earlier extension announced by the EBA in June 2019 that ensured companies would be given “limited” additional time. Get the Full Story...

B2B Payments
The Many Faces Of Employee Fraud
October 21, 2019

Corporate fraud comes in many colors, but for many businesses, the most unexpected threat is the one looming from within company walls. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
WEX CEO Prepares For Outcome Of 2020 Election
October 21, 2019

CEO Melissa Smith of commercial payments company WEX said that the firm is “bracing for volatility” in 2020. In an interview with Bloomberg, Smith noted that the company is keeping a close watch on consumer confidence measures and trade talks ahead of the U.S. presidential...

B2B Payments
Bank of America Optimizes AP Supplier Payment Channels
October 21, 2019

Bank of America is rolling out a new solution for professionals in accounts payable departments to automatically choose which payment method to pay their suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
PNC Automates Faster Payments Choice For Corporate Treasurers
October 21, 2019

PNC Treasury Management is rolling out a new solution designed to optimize corporate treasurers’ B2B payments. 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...