The corporate restructuring of struggling retailer Sears continues, with hedge fund owner Edward Lampert reaching a deal this week to combine Sears Hometown with Sears and Kmart. But the fallout for B2B vendors of Sears resulting from the company’s financial struggles continues under the radar....
China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank Bank of Jinzhou. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Of all of the back-office financial operations of a small business, payroll is one that is evolving perhaps the most dramatically, and quickly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Procurement and corporate payments firm SAP Ariba has reportedly ended its supply chain finance agreement with PrimeRevenue. 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...
Despite ongoing turbulence from major global market events like Brexit and trade wars, the prevalence of business failures has actually declined across the world, new Dun & Bradstreet (D&B) data revealed. Researchers found new cause for optimism with findings that nearly half of all countries...
Visa and Mastercard are ramping up efforts to help FinTech firms develop new financial products and services, with new announcements of FinTech accelerators and other collaborative efforts. In Europe, a new online portal is debuting from banks to help FinTech firms work with traditional finance players.
Tink, the Swedish company that enables FinTechs to access customers’ financial data, has received an $11.2 million investment from PayPal Holdings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In the old days, forged checks were the biggest problems that bank fraud departments had to manage. Today, financial institutions (FIs) face a barrage of cyberattacks from hackers operating around the world, continuously shifting their tactics. It is no wonder that fraud prevention is one...
PetSmart wants to take Chewy.com, its wildly successful online venture, public at a valuation of $7 billion, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
