The world’s second biggest fashion retail firm, H&M, is shuttering its independent brand Cheap Monday, the company said on Tuesday (Nov. 27), as reported by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Funding can often be a sign of confirmation for FinTech startups. For Modo, the company’s Series A round showed that there is an appetite for companies that give banks or large retailers the opportunity to compete on the basis of who they are and not...
Two researchers from Bloomsberg University of Pennsylvania are arguing that small businesses should not be held accountable to the same level as large corporations when hit by a cyber attack that exposes sensitive data. Get the Full Story Complete the form to unlock this article...
In the U.K., the twin barrels of Brexit and late payments have helped erode confidence in growth prospects, according to Dun & Bradstreet. Elsewhere, Australian companies are feeling the pinch of outstanding invoices and Romanian firms are seeing rejected debit payments spike, as measured year...
Australia-based challenger bank Judo Capital has raised more than $250 million from Credit Suisse Australia, according to reports. 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...
Consumers may secure the majority of payments innovation efforts, but when it comes to cross-border payments, the opportunity undoubtedly lies in corporate transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The fallout from an accounting scandal at Nissan Motor is expected to impact down the company’s supply chain, according to S&P Global reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The metaphor has been repeated countless times: Small businesses (SMBs) are the backbone of the economy. So, access to capital isn’t just essential for these companies to survive — it’s critical for the economy to thrive. Get the Full Story Complete the form to unlock this...
Cyber Monday turned out to set a record, with sales expected to be $7.9 billion in the U.S. alone. 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...
