With new products bolstering online sales of apparel and footwear, Nike came out ahead of Wall Street quarterly estimates. The company’s stock rose 7 percent on the news on Thursday (Dec. 20), Reuters reported. Get the Full Story Complete the form to unlock this article...
Watches for $8,000? Hotel rooms for garlic? Certify offers some of the more questionable attempts at expense reimbursements, which also spotlight how firms can track expense reporting more efficiently. Separately, BEC nabs $1 million from a children’s charity.
Eleven banks have been granted access to a £350 million ($443 million USD) program that will allow for them to take business clients away from the Royal Bank of Scotland (RBS). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Lloyd’s of London has announced that it might impose a ban on insurance brokers who refuse to digitalize their business in 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Non-cash payment activity, as measured in the United States, gained ground in 2017 year over year, according to the Federal Reserve’s triennial payments press release on Thursday (Dec. 20). Among the numbers was the fact that the number of card payments were up 10.1 percent....
Chinese telecommunications and technology company Huawei has another obstacle in its continuing troubles lately as two huge banks cut ties with it, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest news about smart speakers, along with an Uber partner raising a good piece of capital. Pinterest is eying an IPO, the year’s biggest shopping day...
Naspers, a large South African-based technology investor, is leading a $1 billion funding round for food delivery outfit Swiggy, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As smart speaker users and potential buyers have more choices and brands, the Amazon Echo will lose its prominence as the go-to device, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
