News

B2B Payments
CMB Ushers China Into Blockchain eInvoicing
November 05, 2018

China Merchants Bank (CMB) announced that it has become the first bank in the country to issue blockchain electronic invoices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Mobile Payments
The Apple iPhone Sales Rope-A-Dope
November 05, 2018

Apple’s taken a beating since announcing its Q4 earnings last week. 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, PYMNTS Today. By completing...

Retail
Adobe: Why Voice And Touch Retail Will Boost 2018 Holiday Sales
November 05, 2018

Consumers want to touch before they buy, and they want to talk when they purchase. Those promise to stand as two main traits of the 2018 holiday shopping season, and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely...

Point of Sale
How Gap Inc. Builds Relationships With Its ‘Swiss Army’ mPOS
November 05, 2018

When it comes to managing Black Friday crowds, it’s all about getting customers checked out quickly. That’s prompting some retailers, including Gap Inc., to customize its own mPOS solution. In the latest PYMNTS mPOS Tracker, James Thordsen, Gap’s head of product management, discusses how the...

Investments
Newly Public Tech Companies Rush To Sell More Shares
November 05, 2018

Tech companies that have recently gone public are wading back into the market to sell more shares at a rate that the Wall Street Journal reported is at a “nearly unprecedented clip.” Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
ACH Network Payment Volume Jumps In Q3
November 02, 2018

NACHA – The Electronic Payments Association – announced Thursday (Nov. 1) that automated clearing house (ACH) payments totaled more than 5.6 billion in the third quarter of 2018, a 6.7 percent increase from the third quarter of last year. In a press release, NACHA said the performance was...

Investments
PeopleFund Notches $11M In Series B Round
November 02, 2018

In a Kakao Pay-led Series B round, peer-to-peer (P2P) lending platform PeopleFund took in $11 million in funding. The South Korean company, which was started in 2015, matches borrowers with investors in a marketplace for lending, according to reports. Get the Full Story Complete the...

Retail
Will Amazon, eBay And Apple Have A Happy Holiday Season?
November 02, 2018

After Halloween comes the lucrative holiday shopping season — sorry, Thanksgiving, but you’re only a speed bump — but there are serious questions about how happy the fourth quarter will be for some big eCommerce operators. Get the Full Story Complete the form to unlock this...

Cross-border Payments
People’s Bank Of China Plans To Manage Money Supply Growth
November 02, 2018

To head off financial risks, the People’s Bank of China (PBOC) plans to manage growth of the money supply. Its remarks could be seen as a warning against a stimulus approach to an economy that is slowing along with a trade war, Financial Times reported....