eCommerce innovators are offering plant-based nutrition beverages designed for baby boomers and their parents with the help of the subscription business model. Take Perennial, which Co-founder and Co-CEO Sara Bonham described to PYMNTS as a progressive health company that is creating foods and beverages for...
As online sales proliferate in the United States, UBS says merchants will have the need to close stores: The firm claims that businesses in the consumer electronics, clothing and home furnishing spaces will need to shutter more locations around the country, CNBC reported. Get the...
With store closures in retail making fewer jobs in the space for teens, teen workers are returning to the workforce for restaurants. Just under 2 million — or 1.7 million — teens worked in restaurants last year per the Bureau of Labor Statistics, which was...
While use of trade finance continues to climb, the International Chamber of Commerce‘s Banking Commission has warned the financial services market that small and medium-sized business (SMB) access to trade finance is disproportionately low, as large financial institutions (FIs) pull back from the SMB borrower...
Verizon Connect, the fleet management unit of telecommunications firm Verizon, is integrating its telematics and mobile workforce management software into the commercial vehicles manufactured by U.K.-based Iveco. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In Switzerland, the tally of FinTech firms grew by 62 percent year over year, aided by a favorable regulatory climate, according to a recent study. And elsewhere, in Africa, significant funding rounds demonstrate a commitment to mobile lending.
Payments messaging company SWIFT is gearing up to close its Trade Services Utility (TSU), a workflow engine aimed at facilitating value-added supply chain services. Reports in Global Trade Review (GTR) on Monday (April 8) said SWIFT will switch off its TSU in December 2020. Get the...
The All-Party Parliamentary Group (APPG) on Fair Business Banking is calling for a new investigation into Lloyds and how much its executives knew about the ongoing mistreatment of small business customers by its HBOS unit. Get the Full Story Complete the form to unlock this...
U.S. President Donald Trump announced over the weekend that U.S. Treasurer Jovita Carranza is his pick to lead the Small Business Administration (SBA), after its current chief, Linda McMahon, announced on Friday (March 29) that she will leave the post. Get the Full Story Complete...
