News

Investments
India’s Bigbasket Getting Even Bigger With Alibaba Investment
December 08, 2017

India’s biggest online supermarket Bigbasket is about to get even bigger. Chinese eCommerce giant Alibaba Group Holding Ltd. has said it will invest $200 million in the company, leading a $280 million funding round and garnering Alibaba a 25 percent stake in the startup. Get...

Retail
Reimagining Women’s Workwear
December 08, 2017

There is something singularly uninspiring about women’s work attire. Lots of beige, boxy cuts, unvarying designs — not a whole lot to get excited about. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Walmart Offers Same-Day Pick Up For The Holidays
December 08, 2017

In its largest retail push of the season, Walmart is qualifying more items than ever before for its buy online, pick up in-store offerings, according to Thursday (Dec. 7) news from CNBC. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
VCs Back Bitcoin For B2B Payments, AI For Enterprise Analytics
December 08, 2017

In total, B2B venture capitalists placed (or announced plans to place) $85 million in funding to businesses, with startups in the U.S., Asia and the Middle East taking the lead this week. It was a mixed bag of funding, with a few startups working in...

B2B Payments
Payment Rails Latest To Roll Out API-Enabled Global Business Payments Platform
December 08, 2017

Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
GDPR Non-Compliance Fines Could Jeopardize UK SMBs
December 08, 2017

New research suggests the upcoming General Data Protection Regulation (GDPR) could threaten small businesses in the U.K. if they find themselves out of compliance with the data protection rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
FI.SPAN, Beanworks Target Mid-Market With B2B Payments Hub
December 08, 2017

Financial services application program interface (API) platform FI.SPAN is collaborating with B2B payments company Beanworks to create a corporate payments hub, the companies announced Thursday (Dec. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Hotels May Hold The Key To Greater V-Card Adoption In Corporate Payments
December 08, 2017

Talk is growing of the potential for virtual card technology to address several key points of friction in business payments, especially in corporate travel. That’s because business travel is often booked online in card-not-present scenarios, which demand heightened security; proponents of virtual cards and their...

Investments
WorldRemit Lands $40M
December 08, 2017

Leading digital money transfer service WorldRemit has raised $40 million to drive its next phase of growth, bringing its total amount raised to $220 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...