As L Brands cuts back on investments in new and renovated stores, the intimates retailer plans to close approximately 53 Victoria’s Secret locations this year. The retailer closes an average of around 15 stores annually and has 1,143 stores around the globe overall, CNBC reported. Get the...
TJX-owned Marshalls is launching an eCommerce business later this year. 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...
PayMate, a B2B digital payments company based in India, has broadened its partnership with Visa to include businesses in the Central and Eastern Europe, Middle East and Africa (CEMEA) area, according to a report. Get the Full Story Complete the form to unlock this article...
Wirex, a cryptocurrency and fiat (real money) payments platform, is releasing a beta version of a regulated crypto-oriented business account, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Merger and acquisition (M&A) activity continues to accelerate as 2019 progresses, both in terms of volume and value of M&A deals. Deloitte research found 79 percent of organizations expect merger activity to grow in the coming year, up from 70 percent that said the same...
Third-party logistics technology provider project44 is integrating payments capabilities as a result of its partnership with U.S. Bank. 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...
Australian digital identity management technology firm Identitii is joining a group of the nation’s largest banks to boost efficiency of digitizing data exchange for its financial institution customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Money drives any business, but in the freight and logistics market, business cannot occur until funds are moved. Considering how crucial seamless payments are in the market, it’s concerning that issues like payment delays, errors and fraud remain so prevalent. Get the Full Story Complete...
Payment infrastructure announcements this week saw memorandums of understanding between Mastercard and Angaza, meant to bring digital payments to emerging markets. Elsewhere, digital payments gain traction in Asia through partnerships with Singtel, and the Ripple joust with SWIFT over cross-border payments continues.
