Reliance Retail and Alibaba are negotiating a partnership in the Indian retail segment. According to reports, the firms are pushing to build “a mega Indian retail joint venture” with an investment of “at least $5 billion” to mount a challenge against existing players, including Flipkart, and Amazon...
PepsiCo is buying Israel-based SodaStream for $3.2 billion, according to reports from CNBC out this morning. That values the beverage startup at $144 a share — a sum Pepsi will be paying in cash for SodaStream’s outstanding stock, a 32 percent premium to its 30-day volume...
To help customers avoid the lengthy lines of traditional checkout counters, supermarkets are turning to self-checkout technology, along with revamped store designs. When retailers don’t have to dedicate space in their brick-and-mortar locations to cash registers, consumers can enjoy less friction during checkout. To make...
We are all often encouraged to think outside of the box. Generally, the advice indicates that one should abandon their preconceptions — the walls of their box — in the hopes of inspiring a creative new take, approach or strategy. Get the Full Story Complete...
As the temperature goes up, late payments scorches SME owners. Hitachi Capital Business Finance shows that a late payments “epidemic” is underway for those chasing invoices stretching back to June. Plus, in the UK, some business owners have to delay or cancel vacation plans as...
Consumerization in the corporate payments space may be no more present than it is in the business travel arena. Employees are naturally using the same technologies and payment tools while they travel for work as they do in their personal lives, and travel managers must...
Barclaycard has partnered with Silicon Valley startup Crowdz to make the process of selling and finding business services easier. 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...
Corporate travel and expense (T&E) management solutions provider SAP Concur has been chosen by the U.S. Department of Defense (DoD) to help the government body upgrade its expense management systems and processes. An announcement from the DoD last week said that SAP Concur won the...
Automation, bots, blockchain — the deluge of technologies flooding the enterprise today can be overwhelming. This week’s B2B Data Digest takes the pulse of companies’ technology adoption, with researchers at Deloitte, FedEx and others finding that executives feel blockchain is overrated, machine learning moving front...
