Card payments in Germany, a traditionally cash-forward country, have surpassed cash payments for the first time in history, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As part of a broader look at environmental, social and governance factors on credit scores, Fitch Group Inc. noted that shortcomings in financial crimes and anti-money laundering (AML) controls are more likely to impact the credit rating of a bank than non-financial factors. Categories examined...
In a move that brings it closer to an initial public offering (IPO), Anheuser-Busch InBev Group’s Asian business filed an application for a Hong Kong stock exchange listing. The Budweiser Brewing Company APAC Ltd. unit makes, imports and sells more than 50 brands of beer...
Online brands are exploring the world of physical retail with brick-and-mortar stores, and this week, fashion eTailers continued to expand their brick-and-mortar footprints in two somewhat different and distant cities — San Francisco and New York. But eCommerce retailers included omnichannel features for their shoppers...
After moving to Oregon, Voila Coffee Founder Kent Sheridan saw a craft coffee culture bubbling up. He fell in love with specialty coffee – so much so that he carried a backpack with all of his coffee equipment: hand grinder, scale and kettle. Trying to...
Consumers, particularly those who are environmentally conscious, love locally-grown food. Better for the planet, better for local farmers and (devotees report) better tasting, “eating local” has become something of a trend in consumption over the last several years. Get the Full Story Complete the form...
In a report that studied the impact of artificial intelligence (AI) on retail, Juniper Research estimates that retail sales stemming from interactions with chatbots are set to reach $112 billion by 2023. The firm also noted that chatbot interactions are set to skyrocket from a...
The B2B venture capital (VC) train continues full steam ahead after last week’s lucrative deals. This week, investors placed more than $1 billion in B2B startups, with the largest round landing at a Chinese artificial intelligence (AI) player. Other top deals focused on the corporate...
More than 1 million people canceled their television cable subscriptions in the first quarter of 2019 alone, and not because they aren’t consuming TV media and entertainment. In the shift to online streaming, cable companies aren’t the only players facing massive disruption: This change has...
