News

Global Payments
İşbank Launches API Portal, VTB Bank Rolls Out Mobile Banking
July 27, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes how Turkey’s İşbank rolled out an application programming interface (API) portal. In addition, Armenia’s VTB Bank launched mobile banking services, and Armenia’s ACBA-Credit Agricole Bank has started to accept JCB cards across the country....

Retail
Bringing Deep Discounting To One Of America’s Most Expensive Streets
July 27, 2018

For deal-hunting consumers, Five Below is the little-bit-of-everything store of their dreams. Putatively pitched at kids, tweens and teens, the shop offers goods across a wide variety of categories, with a focus on fashion accessories, sports items, home goods, technology, games crafts and gifts. As for...

Retail
Papa John’s Gets Sued By Its Founder
July 27, 2018

John Schnatter filed a lawsuit on Thursday (July 27) against the company he founded, Papa John’s, accusing it of failing to produce documents related to his ouster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
UNFI Plans To Buy SUPERVALU For $2.9B
July 27, 2018

Potentially lessening its reliance on Whole Foods, United Natural Foods (UNFI) said that it would acquire SUPERVALU for $2.9 billion. As it stands, Whole Foods comprises about 33 percent of UNFI’s business, and the grocer’s contract with the distributor is set to end in 2025,...

Retail
RadioShack Looks For A Comeback With HobbyTown Partnership
July 27, 2018

RadioShack is looking to make a comeback through a new partnership with HobbyTown. 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 our daily newsletter, PYMNTS Today....

Retail
Retail Pulse: lululemon Gets New CEO; IKEA Gears Up For First India Store
July 27, 2018

Sales at lululemon athletica have fared well despite retail industry woes, but the company has experienced a challenging start to the year on the executive front: The retailer’s former chief executive, Laurent Potdevin, abruptly resigned in February after reportedly exhibiting behavior that failed to meet...

B2B Payments
US Intel Community: Supply Chain Cyberattack Imminent
July 27, 2018

U.S. intelligence experts are warning of the risks of major cyberattacks on the technology operating throughout businesses’ supply chains, according to BBC reports Thursday (July 26), raising alarms for enterprises that increasingly rely on software to function and interact with their business partners. Get the...

B2B Payments
In T&E, Grubhub May Overtake Starbucks Like Uber Overtook Taxis
July 27, 2018

Traveling employees are increasingly picking Lyft over Uber, according to new data from corporate travel and expense management solutions provider Certify. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Councils Dragging On UK Payments, Say Trade Groups
July 27, 2018

The UK, yet again, gets a spotlight amid late payments.  Research shows that councils are not honoring 30 day payment terms. Elsewhere, late payments are spurring some innovation in Europe, too, specifically in Europe, where Deloitte has a new platform in place to get contractors...