News

Retail
IKEA Gears Up For First Store In India
July 23, 2018

Marking a departure from its do-it-yourself business model, IKEA plans to have a 150-person assembly team for its first store in India, located in Hyderabad. The company decided to create the team after research showed that many consumers in the local market would not want to...

Retail
Pop-Ups Getting A Boost From Social Media
July 23, 2018

Many people are flocking to pop-up shops and experiences in the hopes of capturing an Instagram-worthy photo — which is good news for merchants in more ways than one. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Robots Serve Up Innovation (And Food) In Restaurants
July 23, 2018

Restaurant robots aren’t just for flipping burgers or preparing pizzas: They can also work in the front of the house and serve customers. Bear Robotics’ Penny, for example, is an autonomous runner and busser. As an assistant to staff, Penny can take food directly from...

Banking
Legacy Banks Embrace APIs To Counter Competitive Cycle
July 23, 2018

Legacy banks around the world have been under tremendous pressure in recent years to transform their business models, as upstart FinTech companies are removing the barriers to entry and credit access that have kept large numbers of growth businesses and consumers out of the market....

Regulation
Regulators Eye Google, China’s Interest Rates, Crypto Risk Framework Looms?
July 23, 2018

In the regulatory realm (for Google, at least), call it a case of adding insult to inquiry. A bit of pun there, but the Federal Trade Commission (FTC) — in the wake of the $5 billion fine via the European Union (EU), centered on the Android...

B2B Payments
Corporates Must Tread Lightly With Delayed Supplier Payment Tactic
July 23, 2018

The Hackett Group released its annual Working Capital Performance of Top U.S. Companies report last week, signaling strength in U.S. corporates’ working capital performance. According to analysts, last year, the largest 1,000 non-financial enterprises in the U.S. showed their strongest performance in working capital management...

B2B Payments
Treasurers Wasting Thousands Of Hours On Spreadsheet Cash Management
July 23, 2018

Corporate treasurers in the U.S. and Europe are wasting thousands of hours a year relying on manual spreadsheets to manage cash, according to a new survey from Kyriba. The company said in its official blog that it estimates treasurers waste 4,812 hours every year using...

B2B Payments
ClientWhys Introduces SMB Marketplace
July 23, 2018

ClientWhys, a provider of marketing automation software and marketplace for cloud accounting and tax industries, has launched a new small business accounting marketplace. According to CPA Practice Advisor, CountingWorks will help U.S. small businesses find information, guidance and services from a network of more than...

B2B Payments
Xero Partners With Gusto As Payroll Provider
July 23, 2018

Xero has announced that Gusto will be the preferred payroll provider for its small business and accountant customers in the U.S. The partnership will allow Xero to deliver full-service payroll in all 50 U.S. states for the first time. Get the Full Story Complete the...