News

Retail
FabFitFun Thinks Outside The (Subscription) Box
February 06, 2019

Lifestyle brand FabFitFun has taken something of a circuitous route toward building its retail business. In fact, in its early days nine years ago, it wasn’t a retail operation at all — it was a newsletter. That newsletter eventually grew into a blog and online...

Retail
Shopping Mall In Scotland Sells for Less Than Average London Apartment
February 06, 2019

A shopping mall in Scotland, located near Edinburgh, was sold at auction for just 310,000 pounds ($403,000) – a quarter less than the cost of the average London apartment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
NRF Expects Retail Sales To Reach $3.8T In 2019
February 06, 2019

The National Retail Federation (NRF) predicts that retail sales this year will increase between 3.8 percent and 4.4 percent to reach more than $3.8 trillion, despite threats from a trade war with China and the recent government shutdown. Get the Full Story Complete the form...

Social Commerce
Snap Soars On Surprise Earnings Beat
February 06, 2019

Snap Inc. saw its stock price leap skyward 21 percent after it announced earnings yesterday (Feb. 5) that beat expert predictions across the board. Snap is still reporting losses, but they were narrower than expected during the December quarter — and it seems the social...

B2B Payments
Accountants Emerge At The Intersection Of Corporate Finance And IT
February 06, 2019

From fears that automation and technology will replace the need for human accountants, what has emerged instead is an understanding that technology is forcing the accounting and corporate finance professions to adjust to a new reality: technology can handle the manual number-crunching, leaving professionals to...

B2B Payments
Fleet Cards Caught In Crosshairs Of Corporate Card Fee Debate
February 06, 2019

Fleet payments company FLEETCOR is facing criticism over fees associated with its fleet cards, according to reports in Bloomberg last week, which small businesses (SMBs) say are too high. The issue mirrors the debate over payroll card fees, and raises new concerns over fees linked to card...

B2B Payments
Blackbaud Rolls Out P-Cards, Expense Management Platform
February 06, 2019

Cloud software company Blackbaud is rolling out purchasing cards and expense management services for its corporate customers, the company said Tuesday (Feb. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Surecomp Creates Trade Finance API Platform
February 06, 2019

Trade finance FinTech Surecomp is rolling out an API platform for the industry aimed at accelerating trade finance industry players’ adoption and integration of technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Blockchain Gets A Nod In The Isle Of Man
February 06, 2019

The Isle of Man sets up a sandbox for FinTech firms and blockchain efforts. In Japan, some of the largest banks, previously in joint blockchain initiatives, are refocusing their efforts. Facebook is beefing up its own blockchain efforts, if new hires are any indication.