News

Retail
Urban Outfitters To Roll Out Clothing Rentals
May 21, 2019

In an effort to take advantage of one of fashion’s fastest growing areas, Urban Outfitters is tapping into the clothing rental market. The company is rolling out a monthly service through a new business named Nuuly that enables customers to borrow six items from its...

Retail
Dressbarn To Shut Down
May 21, 2019

To concentrate on the company’s more profitable brands, Ascena Retail Group is planning to shutter approximately 650 Dressbarn stores. The company also owns apparel chains Loft and Ann Taylor, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
China’s Corporate Cash Crisis Worsens
May 21, 2019

The crisis that has hit China’s corporate community is worsening after the suspension of trading of Kangmei Pharmaceutical shares, The Wall Street Journal reported Monday (May 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
AI Flexes To Manage Supply Chain Volatility
May 21, 2019

The emergence of automated technologies in the supply chain has introduced a host of unique and unfamiliar challenges to the supply chain management space. Much of the technology that aims to mitigate risk can add to the workload of supply chain professionals and limit their...

B2B Payments
FBI, Banks Go Global With Cybercrime-Fighting Tactics
May 21, 2019

The U.S. Federal Bureau of Investigation (FBI) last week announced charges against 11 alleged members of a cybercriminal ring targeting small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Kenya Banks Take On AltFin With Mobile SMB Lending Tool
May 21, 2019

Kenya is deploying mobile lending initiatives in an effort to address the small business credit gap. 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 to our daily...

B2B Payments
Danske Bank Launches SMB Cybersecurity Initiative
May 21, 2019

Nordic bank Danske is launching an initiative to support its small business clients’ cybersecurity initiatives. 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 to our daily newsletter,...

B2B Payments
Accountants Sound Off On Wolters Kluwer Cyberattack
May 21, 2019

A cyberattack at accounting firm Wolters Kluwer that left its accountant clients unable to access a portal necessary to do their jobs has angered many in the industry, according to reports from Canadian Accountant. Get the Full Story Complete the form to unlock this article...

Faster Payments
European Banks Trial SWIFT’s Instant gpi
May 21, 2019

SWIFT announced Tuesday (May 21) that a group of banks are trialing instant gpi cross-border payments in Europe via the TARGET Instant Payments Settlement platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...