TrueCommerce has announced an Advanced Sales, Purchasing and Warehouse integration with Microsoft‘s Dynamics 365 Business Central. As a provider of trading partner connectivity, integration and unified commerce solutions, TrueCommerce’s Global Commerce Network boasts more than “92,000 pre-connected retailers, distributors and logistics service providers.” Get the Full...
Kraft Heinz saw its market value plummet by about $17 billion on Friday (Feb. 22), after posting a $15 billion write-down on its most recognizable brands Kraft and Oscar Mayer, with investors raising concerns over majority shareholders 3G Capital and Berkshire Hathaway and their crackdown...
After months of controversy, the U.K.’s Banking Competition Remedies has awarded the first batches of the Royal Bank of Scotland’s $1 billion fund to competing banks in an effort to boost competition in the market, particularly for small to medium-sized business (SMB) services. Get the...
In an attempt to slash debt and avoid a downgrade in their credit ratings, some U.S. companies are opting for term loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
It’s easy to mistake the trappings of success for stability. Beautiful office buildings, favorable earnings reports, an international presence and a growing global team not only convey the look and feel of success, but the idea that the success is permanent and that the company behind that success is infallible....
Mercury FX, the international currency exchange provider, is reportedly relying on Ripple’s XRP xRapid to open up ten new payment corridors by the middle point of this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Usually when we talk about unintended consequences here at PYMNTS, we are talking about something that has gone terribly wrong, or at least failed to perform as well as desired because of some unforeseen side effect. The goal might be noble – but pursuing a...
According to recent data from Moody’s investor services, corporate leverage in the U.S. has reached pre-2008 levels, meaning banks are facing risk that is elevated above what has been seen since the financial crisis. The good news, according to Moody’s, is that at this point,...
In a settlement that has been given preliminary approval by a federal court in New York, Visa and Mastercard, along with bank defendants, have agreed to provide roughly $6.24 billion in settlement funds. The funds are subject to a deduction that is said not to...
