News

Cross-border Payments
EU’s Transfer Service Takes Aim At PayPal
November 30, 2018

The European Central Bank launched the TARGET Instant Payment Settlement, or TIPS, on Friday (Nov. 30), with the aim of competing with PayPal and other payment tech giants, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...

Retail
J.Crew’s Latest Brand Reset May Put Amazon Deal In Jeopardy
November 30, 2018

More changes are underway at J.Crew, and some of those changes may risk ending its newly-forged sales relationship with Amazon.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Instacart Builds A Coalition To Compete In Grocery’s Future
November 30, 2018

Instacart captured a lot of headlines earlier this month with the news that, for a limited time, it would be cheaper to get one’s Whole Foods grocery delivery through them, rather than joining Amazon Prime. Get the Full Story Complete the form to unlock this...

Retail
Sizzle Of The Week: New York’s Holiday Pop-Up Explosion
November 30, 2018

With the holiday season now officially upon us, there things that one can reasonably expect to see a lot of for the next several weeks: houses and shopping centers lit up like Las Vegas, wreathes, evergreen trees, elves on shelves, eggnog  and perhaps a fruitcake...

B2B Payments
Startups (And Their Investors) Offer Enterprise Processes A Digital Overhaul
November 30, 2018

With more than $370 million raised by B2B startups this week, investors are showing their support for companies that help other businesses embrace digitization. The cloud, artificial intelligence (AI) and robotics are all prevalent themes in this week’s venture capital breakdown, with startups working to...

B2B Payments
Uber Adds Business Expense Management Integrations
November 30, 2018

Uber for Business is continuing to broaden its corporate expense management support with two new integrations for business travelers. 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...

B2B Payments
Australia Gets First Virtual Commercial Cards Via Mastercard, DiviPay
November 30, 2018

Expense management company DiviPay is rolling out what it says is Australia’s first Mastercard virtual commercial card for corporate payers, and the first solution in the country that combines payments with expense management automation. Get the Full Story Complete the form to unlock this article...

B2B Payments
Nissan’s Ghosn Gone Amid Improper Payments Scandal
November 30, 2018

Nissan has voted to oust Chairman Carlos Ghosn from his position in the wake of alleged fraud. Beyond those headlines, Australia urgently warns of BEC scams. In Venezuela, a former government official is headed to jail after reportedly taking as much as $1 billion in...

B2B Payments
Corporate ePayments Still At Risk For Employee Embezzlement
November 30, 2018

A new report from specialist insurer Hiscox recently revealed an unsettling trend about employee fraud and embezzlement: Most of the time, the scam involves two or more workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...