News

Retail
Marks & Spencer Looks To Launch Food Delivery Service With Ocado
February 27, 2019

Marks & Spencer is in discussions with online supermarket Ocado that would offer the British retailer a food delivery service for the first time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Farfetch Shares Hit High After Harrods Deal
February 27, 2019

Farfetch saw its shares hit their highest levels of the year after it announced a deal with Harrods. 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...

B2B Payments
HSBC Taps Alt Lender To Strengthen Middle-Market Footprint
February 27, 2019

HSBC is looking toward the alternative finance sector to strengthen its position in the middle market, the financial institution said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Industry 4.0 Pulls South Africa’s SMB Banking Sector Into The Technology Mix
February 27, 2019

The South African economy has struggled in the last decade. Gross domestic product (GDP) growth has failed to surpass 4 percent, with unemployment hovering above 27 percent. These market conditions may not seem ripe for FinTech innovation, but where there are challenges, there are opportunities....

B2B Payments
Kyriba Links Treasurers To Citi Accounts Via API
February 27, 2019

Corporate treasury and cash management solutions provider Kyriba is linking its business users to faster payments functionality through a new collaboration with Citi. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Brex Rolls Out Corporate Card For eCommerce Cos
February 27, 2019

Commercial card company Brex is rolling out a new card product designed to meet the specific needs of eCommerce businesses, the firm said in a press release Tuesday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Definition Of ‘Small Business’ Left Uncertain Amid Aussie Bank Reforms
February 27, 2019

Australia’s banking industry continues to address misconduct at the largest of the nation’s institutions, with small business banking at the center of many of the regulatory efforts. But as the Australian Banking Association (ABA) prepares to introduce changes to the industry code of practice, the...

eCommerce
eBay Nearing A Settlement With Activist Investors Elliott Management, Starboard
February 27, 2019

eBay is close to reaching a settlement with Elliott Management and Starboard, the two activist investors that have been calling for change at the online auctioneer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
UK Retailers Press For Commercial Card Interchange Fee Caps
February 27, 2019

The European Union’s (EU’s) battle against U.S. card company interchange fees reached new levels earlier this year when the European Commission (EC) issued a $648.3 million fine against Mastercard for its swipe fees, which regulators said drove up prices for retailers and consumers, and hampered...