News

Retail
LaCroix Maker National Beverage Corp. Reports Drop In Sales
March 08, 2019

Marking its first fall in quarterly sales in half a decade, LaCroix sparkling water maker National Beverage Corp. reported revenue of $220.9 million for the quarter concluding on Jan. 26. By contrast, the Florida-based company reported $300 million in the quarter finishing in July, The Wall...

Retail
Rent The Runway, West Elm And The Oversharing Economy
March 08, 2019

Millennials, we’ve often been told, are a generation of renters, as opposed to buyers. Maybe it was all the early childhood focus on sharing that was in vogue in the 1980s, maybe it was the Great Recession that forced many of them to graduate college...

B2B Payments
Study Finds Half Of UK Firms Vulnerable To Invoice Fraud
March 08, 2019

Invoice fraud is on the rise in the UK, with half of all businesses exposed, according to a Santander study.  Separately, a US college campus takes note of phishing scams and  Cisco may have been bilked out of more than $9  million amid wire and...

B2B Payments
Funding Circle Reveals Plans For Canada Launch
March 08, 2019

Alternative small business lending firm Funding Circle has announced plans to launch in Canada. 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
Bank-FinTech Collaboration Drives B2B FinTech Funding
March 08, 2019

Bank-FinTech collaborations have emerged as a viable, lucrative growth path for both sides of these partnerships. For traditional financial institutions (FIs), working with a would-be competitor means integrating technologies for customers without having to build solutions from scratch. For FinTechs, the deals mean access to...

B2B Payments
Starling Debuts New Business Lending Strategy
March 08, 2019

U.K. challenger Starling Bank is moving forward with plans to introduce business lending services, reports in Specialist Banking said this week, with the bank revealing new details about its strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
HSBC Launches APIs, Developer Portal For PSD2
March 08, 2019

HSBC has unveiled its application program interfaces (APIs) and developer portal to comply with the EU’s Second Payment Services Directive (PSD2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Zurich Insurance Partnership Tackles Supply Chain Risk
March 08, 2019

Insurance firm Zurich is introducing a new supply chain risk management service in conjunction with riskmethods, reports in Global Banking and Finance Review said Thursday (March 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Why Construction Payments’ Friction Has Nothing To Do With Payments
March 08, 2019

What’s more complicated than a B2B transaction? A B2B transaction in an industry like construction, where what triggers a payment isn’t a single, simple invoice. In this sector, B2B payments are a complex process that includes layers of internal approvals to document sharing, in order...