News

Retail
‘Costco For Millennials’ Attracts Big Investors
January 19, 2018

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. Both General Mills and Bed Bath & Beyond are considering investing in Boxed.com. Get the Full Story Complete the form to unlock this...

Retail
Reebok Wants To Reboot Gas Stations For Fitness
January 19, 2018

Reebok wants to make the average gas station a healthier place. According to a post on its website, the fitness and athletic apparel company is trying to see if the future of gas stations can be as fit as electric cars, which are displacing their...

Cross-border Payments
JD.com Invests $3.B To Turn Manufacturing Towns Into eCommerce Towns
January 19, 2018

One of the largest eCommerce sites in China plans to invest more than 20 billion yuan — or $3.11 billion USD — in the country’s northeastern “rustbelt” region, Business of Fashion reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Logistics Outshines Blockchain In B2B Venture Capital This Week
January 19, 2018

The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. Indeed, these spaces secured significant funding in this week’s B2B venture capital roundup. But a lesser-discussed market grabbed the largest investment of the week: logistics. In total,...

B2B Payments
Visa Taps PayMate To Enhance B2B Payments In India
January 19, 2018

Visa is working with India B2B payments company PayMate to enhance its payment services for corporate customers, reports said Thursday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Basware Pairs Up With AcceptEasy For Streamlined AR
January 19, 2018

Electronic invoicing company Basware is teaming up with bill payment company AcceptEasy to facilitate eInvoice presentment and payment acceptance for joint customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Australia’s Late Payments Fight Shows The Limits Of Government Intervention
January 19, 2018

When it comes to late B2B payments, eyes most often turn toward the U.K., where payments and FinTech companies have worked to raise awareness of the issue, and where government policymakers have taken steps to combat the problem. According to the latest figures from Dun...

B2B Payments
Big Banks Step In To Aid Carillion Suppliers
January 19, 2018

Large financial institutions in the U.K. are stepping in to help companies affected by the collapse of construction giant Carillion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Wells Fargo Fixes Glitch That Duplicated Online Payments
January 19, 2018

Wells Fargo has fixed a glitch that caused online bill payments to be processed twice, infuriating customers who had their accounts inadvertently overdrawn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...