News

Retail
Apple To Provide Independent Shops With Parts To Fix iPhones
August 29, 2019

Through a program that could ease the burden of Apple as well as authorized partners to fix broken charging ports and cracked screens, the tech company plans to start selling tools, parts and repair guides to independent stores to repair iPhones. The program is said...

Retail
Porsche Brings Subscription Service To Four More Cities
August 29, 2019

Expanding its flexible car ownership experiment even while other automakers pull back, Porsche is bringing its subscription service to four new U.S. cities. The brand is bringing on San Diego, Las Vegas, Toronto and Phoenix to the pilot offering that it began in Atlanta, Bloomberg...

Retail
Target Teams With Disney On Shopping Experience
August 29, 2019

Target has revealed it will launch its new Disney shop locations in 25 select Target stores in October. 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...

Payment Methods
Why Spend Management Tools Matter For Field-Based Workers
August 29, 2019

Getting paid and reimbursed for expenses on time is directly related to employee satisfaction and retention. According to a study, 32 percent of SMBs have paid their employees late due to cash flow problems. And nearly one in five (18 percent) of employees who work...

B2B Payments
SMBs Hang In The Balance Of Bank-FinTech Collaboration
August 29, 2019

Small businesses have historically been deemed as unprofitable by major banks, with FIs’ innovation efforts often prioritizing consumer products, followed by commercial banking offerings. The twist is, that gap in small business banking innovation led external FinTechs to step in and today, small business banking...

B2B Payments
Australia Pushes eInvoicing To Boost SMB Compliance
August 29, 2019

The Australian Taxation Office (ATO) says killing off the paper invoice is critical to promoting corporate compliance and business growth as the nation readies to end its use of physical invoices. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
When Micro Supply Chain Frictions Create Major Payment Bottlenecks
August 29, 2019

Down supply chains, paper checks indeed remain the dominant way companies pay suppliers, logistics service providers and business partners. While the payment method is far from efficient — paper requires manual data entry, expanding the risk of mistakes and fraud and taking up valuable time...

B2B Payments
Top Banks Adjust Asia Strategy To Support Corporate Clients
August 29, 2019

Some of the world’s largest banks are adjusting their strategies in Asia in order to strengthen their support of corporate and small business clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Cyberattacks, Fraud Cost UK SMBs Nearly $11B
August 29, 2019

Small businesses in the U.K. lost an estimated $10.74 billion due to cyberattacks, fraud, terrorism and other risk factors, according to new research by insurance broker Gallagher. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...