News

Retail
Hasbro Earnings Fall Short Of Q3 Estimates
October 22, 2018

With the fall of Toys R Us impacting sales, Hasbro fell short of third-quarter earnings and revenue estimates. The company reported revenues of $1.57 billion and earnings of $1.93 a share compared to estimates of $1.71 billion and $2.23 respectively, CNBC reported. Get the Full...

Retail
Sears Nixes Printed Holiday Catalog
October 22, 2018

Sears Holdings Corp. is not publishing its iconic holiday catalog this year. 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...

Unattended Battery Rentals Keep Mobile Phones Mobile
October 22, 2018

Cashier-free stores are expanding, offering app-based checkouts and mobile order-ahead fulfilled by robots. However, for all the convenience, the stores can’t deliver the goods if consumers’ smartphones run out of juice. That’s a problem MobileQubes hopes to solve with kiosk-dispensed battery packs. Co-founder Jason Palmer...

B2B Payments
CGI Elevates Fraud, Compliance Risk Mitigation For Banks
October 22, 2018

CGI has announced the launch of CGI HotScan360, an enhanced version of its industry leading HotScan solution. 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...

B2B Payments
Australia Moves To Standardize eInvoicing
October 22, 2018

Australia and New Zealand are planning to create trans-Tasman standards for electronic invoicing in an effort to save $30 billion over 10 years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
ValueSelling Eyes The Influences Of B2B Buying Behavior — Besides Amazon
October 22, 2018

The business-to-business (B2B) buying experience has changed; there’s no doubt about that. The business-to-consumer (B2C) commerce landscape has had a massive influence on corporate buying habits, from sourcing through payments. It’s often described as the “Amazon effect,” as suppliers explore how to provide a consumer-like...

B2B Payments
Supplier Sues Sears Over Alleged Unpaid Invoices
October 22, 2018

Reports that Sears was halting its payment to suppliers ahead of its anticipated bankruptcy may be just the beginning of vendor trouble for the retailer. The Chicago Sun Times said on Friday (Oct. 19) that one of Sears Holdings’ vendors is suing the company, claiming nearly...

B2B Payments
It’s Trust Over Tech For SMBs Choosing A Bank
October 22, 2018

Despite the rise of FinTech firms and challenger banks hoping to offer small businesses (SMBs) a better banking experience, large traditional financial institutions (FIs) continue to hold the dominant position in the SMB financial services (FinServ) space. However, that’s not for lack of interest among...

B2B Payments
Ukraine Defends Cost Of eProcurement Project ProZorro
October 22, 2018

Ukrainian government officials are defending payments made to their digital procurement platform provider, following claims of wasted funds as detailed in the nation’s 2017 budget. According to Interfax-Ukraine reports on Friday (Oct. 19), the nation’s First Deputy Economic Development and Trade Minister Maksym Nefyodov defended...