News

B2B Payments
MUFG Launches Proprietary Digital Coin
April 16, 2019

MUFG, Japan’s largest bank, will follow JPMorgan Chase in launching a proprietary digital coin. 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...

B2B Payments
Supply Chain Strategies Forge Closer Ties With Shareholder Value
April 16, 2019

It’s earnings season once again, with executives and shareholders hanging on the numbers of revenues, profits and market growth. Yet, there’s another area of business operations that experts have said should be examined more closely to not only improve corporate performance, but boost shareholder value...

B2B Payments
Standard Chartered Broadens Biz Banking Services Across Asia
April 16, 2019

Standard Chartered is spreading the availability of some of its corporate financial services across Asia. 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,...

IPO
Lyft’s Rough Ride On The Stock Market Continues
April 15, 2019

It’s been a rough ride for Lyft with the approach of Uber’s initial public offering (IPO), and that dim trend continued on Monday (April 15). After a 20 percent stock price decline last week, that price hit a 52-week low on Monday – a drop that...

Global Payments
Rapyd Teams With OCBC Bank For RTP; DBS Debuts Mobile Service For SMBs
April 15, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the tie-up of Rapyd and OCBC Bank for real-time payments for shoppers in Singapore as well as online retailers. India’s PhonePe has hit a milestone on the number of digital...

B2B Payments
Mastercard Commercial Cardholders Get More Eyes On Amazon Data
April 15, 2019

Mastercard has announced it is upgrading commercial cardholders’ back-office insights by providing companies with more data for Amazon Business transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

News
Amex Delinquency Rates Flat In March
April 15, 2019

American Express, the payments company, reported Monday (April 15) that credit card delinquency rates in March were flat with February, which should be welcome news as investors look for more signs the U.S. economy could be slowing. According to a report in Seeking Alpha, American...

Banking
Chase Debuts eGifting From Mobile App
April 15, 2019

Chase announced Monday (April 15) that customers are now able to send gift cards via the Chase Mobile app or website. In a press release, Chase said customers can choose from more than 60 leading retailers to easily send gift cards. The feature comes with...

Retail
How Rent The Runway Hopes To Become The Amazon Prime Of Everything Rental
April 15, 2019

Children’s apparel is a big and growing market. As of 2018, according to Euromonitor research, the global children’s apparel industry is worth $203 billion — and growing quickly at 5 percent a year. Children’s clothes are in fact the fastest growing apparel category. Some of that...