News

Partnerships / Acquisitions
Mastercard Buys Nets For $3.19B
August 06, 2019

In its biggest acquisition to date, Mastercard will buy Nets for 2.85 billion euros ($3.19 billion). With the purchase of the Denmark-based payments platform, Mastercard is picking up an electronic billing platform that offers clearing and instant payment services, according to a statement on Tuesday (Aug....

Retail
Walmart Explores Selling Modcloth
August 06, 2019

Walmart is considering selling off Modcloth. 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...

Retail
Barneys Set To File For Bankruptcy
August 06, 2019

Sources have told The Wall Street Journal that Barneys New York is preparing to file for bankruptcy protection. 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...

B2B Payments
IBM Deploys Trust Your Supplier Solution
August 06, 2019

IBM has rolled out a new blockchain-powered solution aimed at mitigating supply chain risk. 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
On-Demand Matchmaking Takes Swing At SMB Logistics
August 06, 2019

Amazon has elevated consumers’ shipping expectations: greater speed, lower cost and heightened transparency into shipping are now requirements for many online shoppers. It’s a race that small and medium-sized businesses (SMBs), both B2C and B2B, can struggle to keep up with considering their limited resources...

B2B Payments
MTrac Launches Marijuana Payments Platform For Louisiana
August 06, 2019

The state of Louisiana has entered legal marijuana territory with medical cannabis access beginning this week. As a result, the state has also entered the troubled waters of cannabis banking, with legal players in the state’s marijuana industry struggling to access banking and financial services....

B2B Payments
Asia Pacific Ramps Up eProcurement Push
August 06, 2019

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Tide, Starling Ramp Up Rivalry Over SMB Customers
August 06, 2019

The rivalry between U.K. challenger banks Tide and Starling continues to heat up as Tide signs on its 100,000th small business customer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
India Lands First SMB Credit Card Via EnKash
August 06, 2019

India will see its first small business credit card product, according to EnKash, which announced the roll-out of its commercial card tool on Monday (Aug. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...