Payments messaging firm SWIFT will allow blockchain companies to connect into its global payments innovation (gpi) platform, SWIFT said in its latest report on the future of payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Luxury brands are increasingly using chat app WeChat in China to reach customers and sell big-ticket items, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
When Baptiste Bouygues joined forces with his mother, Marie-Lise Jonak, to create a line of perfumes called Ormaie, they quickly learned that selling all-natural luxury perfume directly to consumers was much harder in practice than it would appear to be on paper. Get the Full Story...
Ahead of this year’s holiday season, defunct toy chain Toys R Us could be making a comeback: The remnant of the company will reportedly open a shopping website along with roughly six U.S. stores, Bloomberg reported, citing unnamed sources. Tru Kids Inc. CEO Richard Barry,...
Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. 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 offer shoppers a curated selection of local products ranging from décor to local flavors, eCommerce innovators are assembling subscription boxes around different U.S. states. California Found, for instance, is essentially a boutique gift box of artisanal goods from the Golden State. In lieu of...
Letters filed by department store retailers Macy’s and JCPenney, along with other companies, asked the U.S. Trade Representative to remove many footwear and apparel items from an expansive list of products set for the new 25 percent tariffs, Retail Dive reported. Get the Full Story...
New proposals on offer from Minister of Small Business Kelly Tolhurst in the U.K. may hit large firms in the pocketbook — via fines, if they pay smaller suppliers late. Separately, creative agencies are feeling the pinch of late payments, too.
In B2B payments, corporates’ continued use of paper checks confounds FinTech firms working to give businesses more affordable, faster and more efficient payment options. Yet, for many business payers, the reason for using checks can be quite straightforward: It’s simply the way payments have always...
