News

Retail
How Digital Marketplaces Within The Retail Ecosystem Are Gig Economy Portals
January 14, 2019

To take advantage of the freedom that the freelance lifestyle affords, workers with all sorts of talents and goals are tapping into the gig economy. These workers are completing tasks in order to fuel their passions or simply to provide supplementary income. Either way, many...

Partnerships / Acquisitions
Alibaba Debuts Partnership Program Dubbed A100
January 14, 2019

Alibaba Group announced over the weekend the launch of A100, a partnership program that offers a one-stop service to speed up companies’ digital transformations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Super Heroic, Bringing “The Batman Effect” To Children’s Shoes
January 14, 2019

Before launching his own brand of specialty footwear for children, Super Heroic Founder Jason Mayden had a pretty solid gig in the shoe industry. He was a global design director at Nike and, by all accounts, was at the peak of his career when he...

Retail
Chico’s FAS Plans To Shutter 250 Stores
January 14, 2019

To find ways to reduce costs and optimize its business, Chico’s FAS plans to study its operations and cut back on its store footprint. The retailer, which has more than 1,400 stores in the U.S. as well as Canada, is looking to shutter 250 stores...

Regulation
Shutdown Impacting FinTech Firms, Financial Regulations
January 14, 2019

Count the FinTech sector — and regulation of that sector — among those impacted by the government shutdown that has roiled Washington through the past several weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Goldman Sachs To Offer More On Deposits For Cash Management Clients
January 14, 2019

Goldman Sachs is planning to launch a cash management service next year, and might even offer its existing corporate clients more for their deposits as a way to lure them into signing up for the new service. Reuters cited anonymous sources, revealing that the fifth-largest bank...

B2B Payments
Healthcare’s CIOs Are Losing Their Purchasing Power
January 14, 2019

Worldwide enterprise investment in IT is slated to reach $3.7 trillion, according to 2017 Gartner statistics, marking the fastest growth rate in a decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
UK Says ‘No’ To Small Business Loan Regulation
January 14, 2019

The U.K. government has reportedly rejected recommendations by the Treasury Select Committee that suggested stricter regulations on bank lending to small businesses (SMBs). Reports in The Guardian Friday (Jan. 11) said policymakers are speaking out against the government’s decision to not regulate small business lending,...

B2B Payments
In UK, Larger Firms Pay Suppliers Later
January 14, 2019

The late payments epidemic continues in the U.K., and larger firms take longer to pay. Separately, it’s no cakewalk for Patisserie Valerie to get suppliers paid on time, and McKesson is demanding payment from a retailer for its unpaid invoices.