News

B2B Payments
How FinTechs Encourage Suppliers To Tap Into ePayments
November 11, 2019

In business, ePayments not only simplify and streamline the way companies make payments, they also speed up the way suppliers are paid. But businesses are often reluctant to adopt a new way of working — even if the right tools are readily available. Many companies are still...

Retail
Walgreens Edges Close To Going Private
November 11, 2019

Reports out indicate that Walgreens Boots Alliance is considering an offer from private equity firm KKR & Co. to take the firm private. The deal, if it goes through, could represent the largest ever leveraged buyout. Get the Full Story Complete the form to unlock this...

Retail
The Warby Parker Of Australia On Sustainable Eyewear’s Future
November 11, 2019

The global market for glasses is a big industry that is still growing. As of 2015, the total worldwide eyewear industry (encompassing both prescription glasses worn for vision and “fashion” eyewear like sunglasses) was worth roughly $90 billion, and forecasted to reach as much as $140...

Retail
Singles Day Breaks Record With $38B In Sales
November 11, 2019

Singles Day, which is Monday, Nov. 11 this year, has become one of the biggest eCommerce events around the world, thanks to its backing by China-based digital and mobile retail giant Alibaba, and the disposable income of that country’s massive consumer segment. And this year’s...

Acquiring
Just Eat Snubs $6.3B Prosus Offer; Will Move Forward With Takeaway Merger
November 11, 2019

Just Eat has turned down a hostile £4.9 billion ($6.3 billion) cash bid from Prosus, the Amsterdam arm of the South African tech conglomerate Naspers, as reported on Monday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Tesco Launches Amazon-Style Subscription Program
November 11, 2019

Tesco is taking on the competition by adding a subscription option to its Clubcard loyalty program. 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...

Regulation
Apple Pay Competition Practices Eyed By EU Regulators
November 11, 2019

Big Tech has gotten, is getting and will get its share of regulatory scrutiny. For Apple, there seems to be an increasing interest in its digital wallet, and how the firm is competing in the payments realm. Get the Full Story Complete the form to...

B2B Payments
 RedCloud on How OCR-Driven Payments Benefit Supply Chains
November 11, 2019

Supply chains can get bogged down in paper invoices and cash payments, especially when unbanked enterprises are part of that chain. Cash reconciliation and invoicing by optics allows invoices to be received, processed and paid in real time. RedCloud CEO Justin Floyd tells PYMNTS that...

B2B Payments
In Australia, Late Payments Hit SMBs During Holiday Season
November 11, 2019

Late payments have hit Australian firms across several verticals — with a notable impact across the transport industry. The practice of supply chain finance is about to get greater scrutiny in the country, according to reports. In the U.K., a number of companies have been...