News

Retail
Digital Spaces As Virtual Makeup Studios, Augmented Reality Style
November 05, 2018

To help improve the retail shopping and shipping experience, virtual reality (VR) and augmented reality (AR) is catching on with big-box retailers in the U.S. AR could be on the cusp of having its moment, as a large brick-and-mortar retailer has fresh plans to appeal...

Retail
Kroger Plans To Sell Toys R Us Brands For The Holidays
November 05, 2018

To dive into the toy market for the holidays, Kroger is teaming up with the hedge fund owners of formerly Toys R Us exclusive brands from Geoffrey’s Toy Box. The grocer plans to sell a selection of 35 products in almost 600 brick-and-mortar locations during...

Retail
Amazon Offers Free Shipping Without Minimums
November 05, 2018

To provide customers with faster and more convenient shipping options, Amazon plans to offer free shipping without minimum purchase on “orders that will arrive in time for the Christmas holiday” beginning on Monday (November 5). The offering is available for hundreds of millions of items, the retailer...

B2B Payments
Billtrust And Visa Launch B2B Payments Platform
November 05, 2018

Visa and Billtrust today (Nov. 5) announced the launch of the Billtrust Business Payments Network (BPN), an open buyer/supplier payments platform that Billtrust CEO Flint Lane said will do what other B2B payment platforms have struggled to do: put paper checks on the path to...

B2B Payments
Tencent Steps Into Blockchain Trade Finance Space In B2B Push
November 05, 2018

Chinese conglomerate Tencent is the latest to step into the blockchain trade finance space via its FinTech unit Tencent Financial Technology, according to reports in China Daily on Friday (Nov. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
TreasuryXpress, Hedgebook Join Forces For Mid-Market Treasurers
November 05, 2018

TreasuryXpress has announced a partnership with Hedgebook, a global provider of Cloud financial risk and derivative management software, to enable underserved mid-market treasury organizations with complex cash and risk management requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Head Of UK’s Financial Reporting Council Quits Amid Scrutiny
November 05, 2018

The head of the U.K.’s Financial Reporting Council is reportedly stepping down from the position amid continued scrutiny that the FRC lacks effectiveness to prevent corporate accounting scandals and industry failures. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
How Small Businesses Ride Their Payment Rails
November 05, 2018

NACHA released new statistics late last week on growth of ACH transaction volume in the U.S. According to the firm, B2B transactions were a key driver of ACH transaction growth in the third quarter of the year, leading NACHA Chief Operating Officer Jane Larimer to...

B2B Payments
UK Accounting Trade Group Weighs In On Late Payments
November 05, 2018

Late payment ripple effects continue in the wake of the Carillion bankruptcy, and an accounting trade group has weighed in with its own proposals about how to address the controversy. Elsewhere, Tesla had a bump up in its receivables, which it says it has cleared up.