News

B2B Payments
UK SMB Group Calls On May To Tackle Late Payments
June 03, 2019

In the U.K., the late payments epidemic continues, with SMBs calling on the outgoing May administration for action.  Meanwhile, late payments have a ripple effect in Hong Kong.

B2B Payments
Freelancers Decry CNN’s 90-Day Supplier Payment Terms
June 03, 2019

News outlet CNN is reportedly set to wait 90 days to pay freelancers, according to reports last week from The Daily Caller. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payment Methods
China UnionPay Launches Debit, Credit Cards In Europe
June 03, 2019

China UnionPay, the credit card issuer, is expanding in Europe, rolling out debit and credit cards. 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...

Payments Innovation
Why Search And Logistics Will Shape The Future Of Retail Payments
June 03, 2019

The two most powerful forces shaping the future of retail payments have nothing to do with payments at all. 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...

Investments
Groupon Co-founder Snags $200M For Genomic Testing Company
June 03, 2019

Groupon Co-founder Eric Lefkofsky’s new company has raised another $200 million in funding. 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 newsletter, PYMNTS Today....

Payment Methods
Western Union’s Playbook For Balancing Cash And Digital Payments
June 03, 2019

Despite the dreams and expectations among all kinds of people during the rise of eCommerce and digital payments, cash isn’t really going away. Sure, one may find numerous instances and specific markets in which cash use has given way to payment cards or mobile wallets,...

Investments
Investors Balk At SoftBank’s New $100B Tech Fund
June 02, 2019

SoftBank’s attempt to raise money for a second large investment fund is running into trouble, with some of the biggest money managers in the world showing little interest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Outside The Box (And Inside The Storage Container) Solutions To Sky-High Rent
June 01, 2019

More American adults own their homes than rent them – fewer than two-thirds own, while a little over one-third rent. Those numbers have been relatively consistent for the last 40 or so years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Retail Clothing Sales Down 24 Percent, Worst Since ‘08
May 31, 2019

Clothing retailers like the Gap, Canada Goose and Abercrombie & Fitch are all experiencing troubling sales reports, the likes of which haven’t been seen since the Great Recession a decade ago, according to a report by CNBC. Get the Full Story Complete the form to...