News

International
Xpress Money Continues Its African Expansion
September 03, 2018

Xpress Money continues to expand its efforts in Africa as it tries to bring down the high remittance costs in the region, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

eCommerce
Walmart Overhaul Of eCommerce System Results In More Out-Of-Stock Items
September 03, 2018

Walmart customers are finding that some products in the company’s warehouses are out of stock after it overhauled its eCommerce system so that it is not shipping items that are very expensive to ship. Get the Full Story Complete the form to unlock this article...

International
Ecuador Needs To Borrow More Than $1B
September 03, 2018

Ecuador announced last week that it needs to borrow more than $1.1 billion from international lenders as the country tries to fix its deficit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Alibaba To Partner With Russian Companies On eCommerce Endeavor
September 03, 2018

Alibaba is partnering with two Russian companies on an eCommerce venture as it looks to form its digital silk road across Eurasia. According to Financial Times, sources reported that Alibaba was close to finalizing a partnership with Russian internet company Mail.ru and sovereign wealth fund...

International
Brazil Economy Hobbled By High Banking Lending Rates
September 03, 2018

Brazil’s economy is being hobbled by average banking lending rates that are the highest of all the 55 developed and underdeveloped countries around the globe, reported the Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Delivery
Senate Hearing On Post Office Prices Has Been Delayed
September 03, 2018

A Senate hearing slated to look at overhauling the U.S. Postal Service — including looking at what Amazon and others pay for package delivery — has been delayed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
China’s Meituan Dianping Planning For IPO
September 03, 2018

China’s Meituan Dianping has set a price range for its upcoming initial public offering (IPO) in Hong Kong, valuing itself at up to $55 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
India Post Payments Bank Delivers Finance Services Right To The Home
September 03, 2018

Indian Prime Minister Narendra Modi is using India Post Payments Bank (IPPB) to bring financial services to the doorstep of every citizen through the postal service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payments Innovation
Five Unexpected Lessons Of Summer 2018
September 03, 2018

The term “thinking outside the box” originates from advice that puzzle management consultants famously gave to clients in the 1970s and 1980s to encourage creative thinking. Called the “nine dots” puzzle, the trick was to connect all nine dots in the puzzle with four straight lines, without tracing...