News

B2B Payments
Late Payments Sound Sour Notes in US
October 15, 2018

 Late payments can hit the smallest of vendors, across the most local of landscapes – as the recent supply chain troubles of a US music festival illustrate.  And, perhaps no surprise, the ripple effects continue across the construction industry in the UK in the wake...

Retail
Sears Files For Bankruptcy; To Close 142 Stores
October 15, 2018

Sears Holdings made it official, filing for Chapter 11 bankruptcy Monday  (October 15), gearing up to close 142 stores after decades of declining revenue and hundreds of store closures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Supply Chain Management Fuels IoT Investment Boom
October 15, 2018

A new study is predicting that Internet of Things (IoT) technologies will see a major boost in investment over the next five years, mostly due to projects in inventory and supply chain management. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Everlance Links Mileage, Expense Tracking App Into Xero
October 15, 2018

Everlance has announced that it reached the 500,000 user milestone, and its customers can now easily sync their mileage and expense management to their Xero or FreshBooks accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
B2B Payments Firm PayMate Enters SMB Lending Market
October 15, 2018

India-based PayMate is expanding its offering beyond B2B payment services as it steps into the small business (SMB) lending market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Barclays Rivals Goldman’s Marcus With Digital Bank
October 15, 2018

Barclays is ready to offer U.S. consumers a low-cost, digital-only bank that will directly compete with Goldman Sachs‘s Marcus brand. Barry Rodrigues, CEO of cards and payments at Barclaycard International, told Financial Times that the new offering would “leverage Barclays’ U.K. knowledge and expertise” to create a checking...

Delivery
Kitchen United CEO On Restaurants’ eTail Future
October 15, 2018

The digitization of the economy has been actively underway for the last two or so decades. In many regards, though, the digital age of restaurants has caught many restaurateurs off guard. Food is, by nature, a physical experience — so it’s been hard for restaurants to mentally...

B2B Payments
Tipalti On Automating The Yin And Yang Of B2B Payments
October 15, 2018

In B2B payments, buyers want to hold onto cash. Suppliers want to get paid ASAP. The appetite for eliminating friction in that push and pull is increasing as firms do more business across borders. The key to finding a sweet spot in B2B payments is process automation...

Cross-border Payments
Two US Senators Call On India To Relax Data Rules
October 14, 2018

U.S. Senators John Cornyn and Mark Warner, co-chairs of the Senate India caucus, sent a letter to India’s Prime Minister Narendra Modi urging him to soften his stance on rules that require customer data to be stored locally. Get the Full Story Complete the form...