News

Retail
How Hoteliers Can Tap Into Modular Sleeping Capsules
August 13, 2018

The hotel business is notoriously capital-intensive: Long before a property opens, a hotelier often invests millions in obtaining a property and constructing a building. But companies such as Sleepbox seek to provide an alternative to brick-and-mortar hotels by offering modular sleeping capsules that can fit...

Retail
How The Gap Hopes To Capture Consumers With A More Open Take On Loyalty
August 13, 2018

Loyalty rewards for shoppers are not new to the Gap, or its associated brands, Banana Republic, Athleta and Old Navy. For those who carry either the branded Gap card, or the Gap Visa (or anyone who has ever been part of a retail rewards program),...

Retail
NRF Increases Sales Forecast For 2018
August 13, 2018

With tax reform and other positive economic inputs, the National Retail Federation said that sales are expected to grow more than previously predicted. Retail sales are expected to rise by at least 4.5 percent over 2017, compared to the 3.8 to 4.4 percent range that was...

B2B Payments
Labor Woes Haven’t Derailed Entrepreneurs’ Optimism
August 13, 2018

The talk on Main Street these days is all about record-high levels of optimism among small business (SMB) owners. However, with entrepreneurs more confident about the economy — and their own businesses — than they have been in quite some time, the latest research continues...

B2B Payments
Despite Carillion, Some Say No To Late Payments Legislation In UK
August 13, 2018

Amid the continued fallout of Carillion, let the market move construction firms to pay in ways more timely, says one prominent construction executive in the UK.  Elsewhere, WEX finds the paper chase a key part of inefficient payment terms in the US and abroad.

B2B Payments
In A Seller’s Market, Entrepreneurs Find Opportunity In M&A
August 13, 2018

As small businesses embrace a strengthening economy, there is another reason for entrepreneurs to be optimistic: Some advisors say it’s the best M&A market they have ever seen, certainly in recent years, and even small business owners who aren’t yet ready to retire are looking...

B2B Payments
WeChat Tests Blockchain For Automated Employee Expense Management
August 13, 2018

WeChat, an online messaging service operated by Chinese technology conglomerate Tencent, is looking to enhance its ability to facilitate employee expense reimbursements, and reports said the firm is exploring blockchain as part of the effort. Get the Full Story Complete the form to unlock this...

B2B Payments
Bottomline Reports 20 Percent Growth In Q4
August 13, 2018

Business payments company Bottomline Technologies reported financial results for the fourth quarter, as its fiscal year ended June 30. The results showed subscription and transaction revenues — primarily related to the company’s cloud platforms — at $71.1 million for the fourth quarter, a 20 percent increase compared to the...

B2B Payments
Economists Warn Of Impending Corporate Debt Bubble Burst
August 13, 2018

Data released from S&P Global in June pinpointed U.S. corporate debt at reaching $6.3 trillion, with a record-low cash-to-debt ratio of 12 percent in 2017 for speculative-grade borrowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...