China has taken over as the world’s largest logistics market, spending a whopping 12.1 trillion yuan (US$1.76 trillion) in logistics costs last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Ant Financial, the affiliate of Alibaba, is in discussions to pay around $700 million for U.K. payments company WorldFirst. 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...
U.S. banks are keeping their distance from money transmitters sending cash to Mexico, as worries about money laundering and increased regulatory scrutiny ensue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Senate Majority Leader Mitch McConnell (R-Ky.) has rejected the STATES Act, legislation that would allow states to regulate their own cannabis industries without federal intervention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With eCommerce and online delivery representing an opportunity in China, Walmart is testing a small store focused at the lower-tier cities as well as a new sales model that will include an expanded relationship with Dada-JD Daojia, the Chinese logistics company. Get the Full Story...
The Securities and Exchange Commission announced late last week that it settled with Wealthfront Advisors and Hedgeable, two FinTech robo-advisors, for misleading investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The “Twelve Days of Christmas” is a holiday classic, though some of us at PYMNTS still don’t understand why anyone would want to take a partridge away from what seems like a pleasant existence in a pear tree. But in hopes of hopping on the...
When it comes to hot and last-minute Christmas gifts, one can hardly go wrong with some spark plugs. An ignition coil sounds pretty festive. Who among us doesn’t want distributor cap in one of those stocking hung with care? And Santa Claus would be a...
Amid the rush to get gifts before the holidays, shoppers turned up at brick-and-mortar retail stores to pick up their online orders in increasing numbers: Data from Adobe showed that click-and-collect ordering skyrocketed by 47 percent during the lead-up to the holidays from last year,...
