News

B2B Payments
Bank Bailouts Haven’t Spooked Russian Corporates From Staying Local
October 30, 2017

Russian companies are providing the nation’s banks with much-needed support amid a time of turmoil for the industry, according to news from Reuters last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
SMBs Split On Hard Vs. Soft Brexit Expectations, Survey Finds
October 30, 2017

A significant portion of small- and medium-sized enterprises (SMEs) surveyed by Bibby Financial Services expect a “hard Brexit” to occur — that is, the U.K. will complete its exit from the European Union (EU) by the March 2019 deadline without a trade deal, exiting the EU’s...

Retail
Online Sales Could Be Target’s Best Bet
October 30, 2017

Target’s push to focus more on eCommerce, among other changes the U.S. retailer is making, could boost its stock in the next two years by as much as 20 to 30 percent. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
UBS CEO More Interested In Blockchain Than Bitcoin
October 28, 2017

As UBS continues its exploration into blockchain technology, the financial institution’s (FI) CEO Sergio Ermotti told reporters at CNBC his views on the tool. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Things That Go Bump In The Payments Night
October 28, 2017

Halloween is now just three days away. The prepared have already purchased the best costumes and the candy favorites coveted by trick or treaters. Americans have spent a lot of money getting ready — more than $9.1 billion in candy, costumes and Halloween decorations. According to recent reports, if you were to boycott Halloween for your entire...

NovoPayment Launches API Platform In Latin America
October 27, 2017

Earlier this month, NovoPayment, a digital finance and transactions firm, announced news of the launch of its Developer Hub, one of the first such platforms servicing Latin America, according to a press release. Get the Full Story Complete the form to unlock this article and...

Nordstrom Turns To Discount Division As Traffic Wanes
October 27, 2017

Nordstrom is looking to reinvigorate its discount chain. According to news from Bloomberg, as foot traffic to malls has declined in 2017, same-store sales have likewise slowed at Nordstrom Rack, which is responsible for nearly a third of the company’s revenue. Get the Full Story Complete the...

Retail
The Frightful Five: Facebook And Google Join The ‘Pay’ Club
October 27, 2017

Amazon, Apple, Facebook, Google and Microsoft: Together, these tech giants are the Frightful Five, and they’re always up to something. From Amazon headquarters suitors and the iPhone X to Facebook and Google payments and Microsoft’s attempt at a smart speaker, we bring you each company’s...

Retail
CVS Announces Surprise Acquisition Of Aetna
October 27, 2017

When the going gets tough — say, because Amazon is about to take on the pharmacy industry with its vertical-slaying eCommerce retail machine — the tough get going. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...