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Retail
Samsung Eyes Smartphone Sales Growth In India
May 29, 2019

With a new array of budget-friendly devices, Samsung Electronics is looking to double its online sales of smartphones in 2019 to reach $1 billion in India. Smartphones, as well as fashion, are said to be some of the most popular purchase categories in the country’s...

Retail
DICK’S Sporting Goods eCommerce Sales Rise 15 Pct In Q1
May 29, 2019

With better-than-expected revenues and earnings, DICK’S Sporting Goods’ eCommerce sales jumped 15 percent in the first quarter. The company’s overall reported quarterly earnings beat estimates of analysts as the company increased its outlook for the full year, CNBC reported. Get the Full Story Complete the...

B2B Payments
Cashplus Eyes Startup Credit Ratings In RBS Fund Application
May 29, 2019

U.K. challenger bank Cashplus is the latest to apply for a share of the approximately $1 billion fund set aside by RBS to promote competition in the small business banking space. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
BitX Funding Strikes Equipment Finance Alliance
May 29, 2019

Small business lending marketplace BitX Funding has struck an alliance with transportation equipment finance company Pelagic Capital, the companies said in a press release Tuesday (May 28). The firms revealed plans to pool their resources and industry expertise to broaden small business lending operations and...

B2B Payments
ICC Says Regulation Limits Trade Finance
May 29, 2019

UBS shed light this week on a persistent challenge in the traditional financial services industry. 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,...

B2B Payments
More Shippers On Board With TradeLens
May 29, 2019

IBM and Maersk see more shipping firms on board with the consortium for the TradeLens blockchain-based shipping solution. Elsewhere, Honeywell is leveraging blockchain to track aircraft components.

B2B Payments
Combating The Payday Loan With On-Demand Wages
May 29, 2019

FinTech firms that provide workers with wages on demand (i.e., before payday) emerged with the cash flow challenges of low-wage, hourly workers in mind. Yet, in the U.K., rising costs of payroll administration, intensifying compliance requirements and complex tax rules have led companies of all...

B2B Payments
Mastercard Targets SMB Travel With APAC Commercial Card
May 29, 2019

Mastercard is rolling out a commercial card product designed for small businesses across Asia Pacific in a new collaboration with United Overseas Bank (UOB), an announcement Tuesday (May 28) said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
UK Banks Create Money Pool To Refund Fraud Victims
May 29, 2019

A group of U.K. financial institutions are signing a voluntary code to refund consumer and small business victims for fraud schemes, the BBC reported on Tuesday (May 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...