Retailers are bolstering their supply chains in China as they seek to enhance their service and offer customers fresh products. Walmart, for instance, plans to increase its investment in supply chain logistics in the country by $1.2 billion, with efforts to build or upgrade more...
It’s not enough to just be a retailer these days, it seems. Digital ads are also part of the process — at least that’s the story coming from recent developments involving major merchants. Get the Full Story Complete the form to unlock this article and...
FinTech firms are taking on real-time payments for business-to-business (B2B) use cases – and teaming with banking partners to drive innovation. AvidXchange, for instance, worked with Fifth Third Bank to enhance B2B payments while leveraging the inherent capabilities in the RTP network from The Clearing...
As the trade war between the U.S. and China impacts the global markets for smartphones and chips, Samsung Electronics Co Ltd. predicts a sharp drop in operating profit for the second quarter. One-off gains, however, aided the company in coming out ahead of the expectations...
Accounts payable (AP) professionals often use established — if unsatisfactory and possibly outdated — payment methods, mostly because that’s just the way it’s always been done. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
This week, more than $187 million in new funding landed at B2B finance and tech startups, though not all of it was concerned. Investors diversified, with targets based in India, the U.S., Sweden, France and the U.K. — and with solutions ranging from cross-border payments...
Although business lending requires the aggregation of data from a multitude of sources, there is typically only one financial institution managing the process. Trade finance and the facilitation of trade transactions, however, require complex coordination between businesses, their service providers and their financial institutions to...
A former executive at corporate travel technology firm Sabre Airline Solutions has reportedly reached a plea deal with prosecutors following allegations of invoice and wire fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Funding Circle has reportedly cut its 2019 revenue expectations by half as it tightens small business (SMB) lending standards, reports in Reuters said this week, and analysts are advising the FinTech to go further to protect itself. Get the Full Story Complete the form to...
