Welcome to The Axis, your late look at payments news from around the world. Coverage includes Remitly’s updates to its remittance service for sending funds to India. In addition, Japan’s Nippon Biodiesel Fuel plans to roll out an eMoney platform for farmers in Asia, and the U.K.’s...
Sales of toys around the world are on the move: The NPD Group found that toy industry sales topped $18.4 billion for the first half of the year, marking an increase of 4 percent from 2017. In terms of regions, Mexico saw the most toy industry...
To bring a beer tour and tasting experience to its customers, Guinness has opened a $90 million brewery in Maryland. The location is the company’s first new brewery in 60 years, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
To help Lowe’s Companies bring new benefits and purchasing options to its customers, it’s extending its agreement with Synchrony. The agreement gives Lowe’s access to infrastructure related to in-app payments, along with an in-store credit app, Chain Store Age reported. “We are focused on exceeding...
To bring a new women’s fashion line to its stores and website, Walmart is teaming up with Ellen DeGeneres. The move comes as the retailer seeks to expand its presence in the apparel space and grow its market share for clothing, Reuters reported. Get the Full Story...
DBS India is the latest financial institution in the country to sign onto SWIFT’s global payments innovation (gpi) service, enabling corporate customers to track their cross-border payments in real-time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Invoice and accounts receivable solutions provider VersaPay announced the launch of its mobile app this week. 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 our daily...
A new survey released from TD Bank suggests that real-time payments technology is beginning to capture the attention of the corporate payments world. The finding suggests a shift in the market, with corporates unsure or unconvinced of how faster payments capabilities might affect their operations....
B2B payments continues to enjoy its moment in the innovation spotlight, but the industry still has a long way to go if it’s going to beat the race against paper and manual processes. Get the Full Story Complete the form to unlock this article and...