Welcome to The Axis, your late look at payments news from around the world. Coverage includes UMB Financial Corporation’s tie-up with U.K.-based Fraedom. In addition, Russia’s Yandex.Checkout is allowing customers to make donations by rounding up their purchases and TransferGo is rolling out money transfers...
It was a good holiday season for online retailers in 2017 — particularly Amazon. According to Gartner, online retail sales rose 14.7 percent year-over-year during the 2017 holiday season to $108 billion. Get the Full Story Complete the form to unlock this article and enjoy...
Zara’s owner, and the world’s largest clothing retailer, Inditex, has announced that it will sell products from all of its brands on the web. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
There’s an old joke that a Hershey’s executive uses to illustrate the problem his company – like other consumer packaged goods firms – is suffering in the era of digitization. In a word: invisibility. Get the Full Story Complete the form to unlock this article...
In the 1961 movie “Breakfast At Tiffany’s,” Audrey Hepburn enjoyed a breakfast of a croissant and coffee while window shopping outside of the legendary store. It wouldn’t be until years later, however, that anyone, movie star or not, could actually purchase breakfast inside the store....
After news broke of last week’s arrest of JD.com Inc. CEO Richard Liu in the U.S. on an allegation, shares of the eCommerce company fell by 6 percent. The CEO has denied any wrongdoing through his lawyers and left custody without charges or having to...
Consumers face a dilemma when it comes to planning vacations, especially costly journeys to overseas destinations: How can they set aside enough money to pay for their trips? A flight between New York and Paris, for example, could cost hundreds of dollars. That sum might...
To reach local customers in their own language, Amazon is rolling out support for Hindi on its India apps and website. The move comes as the eCommerce company reportedly wants to make the country into a major market, The New York Times reported. Get the Full...
A new survey from procurement and supply chain networking company Procurious suggests that procurement professionals’ jobs remain largely tactical, despite expectations for the field to evolve into a more strategic component of the enterprise. Get the Full Story Complete the form to unlock this article...
