News

Retail
H&M Continues Downfall As It Closes More Stores
December 15, 2017

A bad quarter has sent fashion retailer H&M scrambling to adjust its strategy. The Swedish group said that strategy now includes closing more stores and opening fewer new ones, as well as beginning to sell its brand’s offerings on Chinese eCommerce platform Tmall. Get the...

Retail
Startup Spotlight: GPShopper And The Overdue Evolution Of Luxury Retail
December 15, 2017

Retail isn’t all about taking people’s money. Today, it’s also about telling a story and building an experience that makes customers want to shop with the brand again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Sears Boosts Amazon Partnership To Include Batteries And Tires
December 15, 2017

Retail store chain Sears Holdings Company is extending its partnership with eCommerce giant Amazon to sell goods from the DieHard brand on the marketplace’s site. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Japanese Internet Giant To Offer Bitcoin For Payroll
December 15, 2017

A Japanese internet service provider (ISP) is reportedly readying to pay employees in bitcoin. 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 newsletter, PYMNTS...

B2B Payments
CloudTrade Expands eInvoice Processing Capabilities
December 15, 2017

Electronic invoice processing firm CloudTrade is aiming to capture data from more documents that pass through the back office by expanding its services. A press release issued Thursday (Dec. 14) said CloudTrade is launching Cloud Capture, a service that reportedly enables businesses to capture 100...

B2B Payments
Investec Breaks New Ground In Bank/FinTech Collaborations With MarketInvoice Deal
December 15, 2017

MarketInvoice is the latest alternative lender to launch a partnership with a traditional financial institution (FI), with reports on Thursday (Dec. 14) noting the U.K. company is now collaborating with Investec. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Citizens Tracks Mid-Market CFOs’ Real-Time Payments Plans
December 15, 2017

A new survey from Citizens Bank explores how mid-market CFOs in the U.S. are anticipating new technologies and market trends for the year to come, with these professionals signaling interest in real-time and electronic payments. Get the Full Story Complete the form to unlock this...

B2B Payments
Investors Haven’t Forgotten About Alternative SMB Finance
December 15, 2017

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. But every few weeks, the industry roars back with an impressive investment streak. This week, alternative finance companies raised more than $77 million in...

Retail
Alibaba’s Plans For A Giant Car Vending Machine
December 15, 2017

After announcing a deal to help Ford sell electric vehicles in China, Alibaba has unveiled how they plan to sell them: Car Vending Machines that look like futuristic buildings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...