News

eCommerce
Marketplaces’ Cross-Border Future
June 25, 2019

All the world’s a marketplace. 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 Today. By completing this form, you agree to receive...

B2B Payments
Fundbox And OroCommerce Team To Break The $3.1T Trade Credit Logjam
June 25, 2019

Trade credit has been around for decades and is less than efficient, with $3.1 trillion tied up in outstanding invoices. To grease the wheels of commerce, Fundbox and OroCommerce are joining forces to provide B2B credit through the two-sided platform model. Jason Smith, vice president of business...

Retail
Automated Retail’s ‘Fast And Frictionless’ Ambitions
June 25, 2019

Automation is critical in helping retailers offer a fast and frictionless commerce experience. John Clarke, chief innovation officer and co-founder at Worldnet Payments, explains how automated retail can have a positive ripple effect that runs counter to fears of the "rise of the robots," and may...

Retail
Samsung Introduces Three New Smart Home Items
June 24, 2019

Samsung has introduced three new smart home items that are low-cost entrants into the space, according to a report. 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...

Partnerships / Acquisitions
Tech Co Trax Buys Shopping Rewards App Shopkick
June 24, 2019

Trax, a global technology company based in Singapore, has acquired U.S.-based Shopkick, a rewards app that tracks customer behavior, 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...

International
Huawei, Spurned By US, Says It Can Meet German 5G Standards
June 24, 2019

Chinese tech company Huawei said it has “no doubt” it’s going to meet Germany’s security requirements  for upcoming 5G networks in the company, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
SWIFT To Open gpi To Blockchain Rails
June 24, 2019

Payments messaging firm SWIFT will allow blockchain companies to connect into its global payments innovation (gpi) platform, SWIFT said in its latest report on the future of payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Luxury Brands In China Embrace WeChat
June 24, 2019

Luxury brands are increasingly using chat app WeChat in China to reach customers and sell big-ticket items, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
CA Governor: Regulators Could ‘Steamroll’ Big Tech
June 24, 2019

In a published interview, California Governor Gavin Newsom said big tech companies in his state could soon be “steamrolled” through federal regulations. Significant changes could impact them at the federal and state levels, according to Axios. “Are they going to lead in that conversation and...