Stocks for Alibaba, China’s eCommerce giant, are down 1.7 percent after the president of the company admitted that China’s consumer market is slowing down, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
UnionPay International, a subsidiary of Chinese financial services company UnionPay, is giving developers all around the world access to 18 of its mobile internet payment products, the company announced on Monday (Jan. 14). Get the Full Story Complete the form to unlock this article and...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest move by Amazon to attract more consumers in India, and the latest on a global ransomware attack. Goldman Sachs makes a cash management move, Panasonic...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an application programming interface (API) platform with Joint Electronic Teller Services Limited (JETCO) in Hong Kong. In addition, Factris has acquired an invoice financing firm that serves the Lithuanian...
Kabbage, the financial services, technology, and data platform company for small businesses, announced Monday (Jan. 14) that it is powering the Pay Later program for U.S. buyers on Alibaba.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
To provide an alternative to days-old bread that is baked off-site, startups are helping grocers bake bread within their own stores through interactive robots that do the heavy lifting. The BreadBot, which is a project of The Wilkinson Baking Company, is a fully automated breadmaking machine...
To take advantage of the freedom that the freelance lifestyle affords, workers with all sorts of talents and goals are tapping into the gig economy. These workers are completing tasks in order to fuel their passions or simply to provide supplementary income. Either way, many...
Before launching his own brand of specialty footwear for children, Super Heroic Founder Jason Mayden had a pretty solid gig in the shoe industry. He was a global design director at Nike and, by all accounts, was at the peak of his career when he...
To find ways to reduce costs and optimize its business, Chico’s FAS plans to study its operations and cut back on its store footprint. The retailer, which has more than 1,400 stores in the U.S. as well as Canada, is looking to shutter 250 stores...
