Startups, particularly in retail, often run into difficulty when in search of an innovative entrance point to the marketplace they come up with a solution to a problem that no one actually has. Sometimes, with very good marketing, a business can sell the consumer on...
With new digital ordering capabilities and store improvements, McDonald’s said sales grew globally in the latest quarter: Same-store growth of 6.5 percent around the world was better than expected, while same-store sales in the U.S. grew 5.7 percent to come out ahead of 5 percent...
It is far too easy for modern consumers and businesses to be lured into digital scams, and phishing is one of the most persistent types. These attacks are engineered to trick trustworthy users into unwittingly providing personally identifiable information (PII) such as login credentials, passwords,...
While FIs are turning to artificial intelligence (AI) and machine learning (ML) to keep bad actors out, fraudsters are using that same tech to muscle their way in. In the latest Digital Banking Tracker, Brian Fricke, BBVA's chief information security officer, tells PYMNTS how banks...
Cigarette company Imperial Brands has invested in Canadian cannabis company Auxly Cannabis Group to the tune of £75m ($93.2M USD), according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The modern-day financial services landscape has a need for speed, and one of the slowest areas of the market can be seen in cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A backlash against lengthy payment terms for grape growers may be fermenting in Australia. Elsewhere, in the U.S., some political campaigns appear to be stretching payment terms, and late payments continue to plague the U.K., especially for government contracts.
Lloyd’s syndicate Beat Syndicate 4242 is collaborating with trade finance solution provider Previse to underwrite those invoices financed by third parties so suppliers can get paid more quickly, according to a Thursday (July 25) press release. Get the Full Story Complete the form to unlock...
Gusto’s payroll technology secured the largest investment round of the week with $200 million. But a closer look at the rest of the B2B funding market shows investors turned to FinTechs helping small businesses grow and operate across borders, with FX, cross-border payment, and trade...
