News

B2B Payments
China Sees Rise In ‘Auto-Backed’ Small Business Lenders
November 28, 2018

Some alternative lenders in China have a unique way of mitigating the risk of borrower defaults: attaching a tracking device to borrower vehicles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
$20M Real Estate Sale Looks To The Blockchain
November 28, 2018

Blockchain has made further inroads beyond cryptos and toward the transfer of assets, in one latest example – real estate.  Elsewhere, the IBM/Maersk partnership focused on improving shipping supply chains gains some traction with a new member based in Hong Kong. 

Mobile Commerce
CARDFREE Launches Mobile Order-Ahead Service API
November 28, 2018

CARDFREE, a mobile payment app, has made its order-ahead interface available to merchants to develop through the CARDFREE mobile development kit, according to a press release from the company. The development kit allows for in-app payments and uses credit cards and mobile wallet apps. Get the Full...

Retail
Thanksgiving Weekend Shoppers Surpass NRF’s Forecast
November 27, 2018

More than 165 million Americans shopped online or in stores during the period from Thanksgiving through Cyber Monday, surpassing the 164 million estimate the National Retail Federation (NRF) provided before the shopping event. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
China’s Babytree Makes The Case For Contextual Commerce
November 27, 2018

For most people, parenting is an all-or-nothing endeavor, a constant mindset and lifestyle, the lens through which the rest of life is filtered, and a bond that can connect fathers and mothers across neighborhoods, states, time zones and countries (thanks in large part to the...

Retail
Amazon Cyber Monday Sales Hit New Record
November 27, 2018

Amazon announced Tuesday (Nov. 27) that this year’s Cyber Monday was the single biggest shopping day in the company’s history, with more products ordered across the globe than any other day. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
CoverGirl Opens Up First Brick-And-Mortar Store
November 27, 2018

After over six decades in business as a brand, CoverGirl is getting a store of its own — a rather high-tech store, if reports are to be believed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Cyber Monday On Track To Be A Record-Breaker
November 27, 2018

While the officially tally is still being counted, preliminary results indicate that Cyber Monday will go down in history both as the biggest online selling day of the 2018 holiday season and as the record holder for U.S. eCommerce sales in a single day, with...

Retail
How Manufacturers Become Direct-To-Consumer Sellers Through Marketplaces
November 27, 2018

While manufacturers make might products ranging from luxury handbags to jackets, they may only get paid a small percentage of the final retail price for those items. A brand might sell a given product for $100, according to Italic CEO Jeremy Cai, but a manufacturer...