Welcome to The Axis, your late look at payments news from around the world. Coverage includes Indonesia-based Salim Group’s investment in Singapore-based Youtap. In addition, Miles Software is partnering with SBM Bank (Mauritius) Ltd. (SBM) and SBM (NBFC) Holdings Ltd., and investors are turning to gold...
Core inflation spiked 2.9 percent over the last 12 months, essentially flattening wage gains that had edged into the last several months’ economic reports. The July jump is the biggest pick-up the index has seen in a decade, and is considered another piece of evidence that...
To help avoid European Union tariffs, Harley-Davidson has said that it would take some of its production out of the U.S. The move has divided America’s bikers — and supporters of President Donald Trump — even as the president has blasted the company’s decision, The New...
The hotel business is notoriously capital-intensive: Long before a property opens, a hotelier often invests millions in obtaining a property and constructing a building. But companies such as Sleepbox seek to provide an alternative to brick-and-mortar hotels by offering modular sleeping capsules that can fit...
Loyalty rewards for shoppers are not new to the Gap, or its associated brands, Banana Republic, Athleta and Old Navy. For those who carry either the branded Gap card, or the Gap Visa (or anyone who has ever been part of a retail rewards program),...
With tax reform and other positive economic inputs, the National Retail Federation said that sales are expected to grow more than previously predicted. Retail sales are expected to rise by at least 4.5 percent over 2017, compared to the 3.8 to 4.4 percent range that was...
The talk on Main Street these days is all about record-high levels of optimism among small business (SMB) owners. However, with entrepreneurs more confident about the economy — and their own businesses — than they have been in quite some time, the latest research continues...
Amid the continued fallout of Carillion, let the market move construction firms to pay in ways more timely, says one prominent construction executive in the UK. Elsewhere, WEX finds the paper chase a key part of inefficient payment terms in the US and abroad.
As small businesses embrace a strengthening economy, there is another reason for entrepreneurs to be optimistic: Some advisors say it’s the best M&A market they have ever seen, certainly in recent years, and even small business owners who aren’t yet ready to retire are looking...
