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...
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...
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...
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...
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...
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...
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...
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...
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...