News

B2B Payments
CHAPS Payment Scheme Confident In Payments Rebound Post-Brexit
October 12, 2017

The U.K.’s Clearing House Automated Payments System (CHAPS) is forecasting growth over the next decade. 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,...

Cross-border Payments
EXCLUSIVE: clearXchange Co-Founder, Mike Kennedy, Joins OFX As President
October 12, 2017

Money moves across hemispheres, and so do some international money transfer firms. 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 Today. By...

Cross-border Payments
Chinese Gov’t Wants More Control Over China’s Tech Companies
October 12, 2017

China is looking to gain more control over its largest tech companies, including Tencent, Weibo and a unit of Alibaba. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
FastPay Acquires AnchorOps To Solve Media Agency Cash Crunch
October 12, 2017

The world of advertising and media has been turned on its head by the digital revolution, and among all of the challenges that’s brought to the supply chain, cash flow bottlenecks and inconsistencies are among the biggest. Get the Full Story Complete the form to...

Cross-border Payments
NEW REPORT: Making X-Border Property Sales Pay
October 12, 2017

As modern technologies increasingly make cross-border commerce a feasible feat for companies and investors of all sizes, merchants are increasingly looking beyond their home countries to tap into new markets. But, if those companies can’t get paid, it doesn’t matter how large the marketplace expands...

Retail
Morgan Stanley Analyst Says Amazon Private Labels Can Boost Bottom Lines
October 11, 2017

In recent Amazon news, an analyst from financial firm Morgan Stanley has predicted the eCommerce platform’s private label retail sales could provide an added boost to its bottom lines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Kroger Considers Saying Goodbye To Convenience Stores
October 11, 2017

It looks like Kroger might be unloading its $1.4 billion convenience store business — an announcement that has filled the retail industry with glee and has sent the grocery store chain’s shares a-soaring. The news came via a statement issued at the company’s investor conference. Get...

Retail
Putting The Sparkle In Non-Alcoholic Cocktails
October 11, 2017

Like most innovators, Sharelle Klaus, CEO of DRY Sparkling, was first and foremost a person with a problem: She was a pregnant foodie, suddenly unable to pair her meals with wine and equally unable to find much outside of soft drinks or plain water in which...

Retail
Is Starbucks’ Growth Future In China?
October 11, 2017

Coffee chain Starbucks sees China as its largest growth opportunity, and company CEO Kevin Johnson says the firm is pushing full speed ahead as it maps out it growth plan for the next 10 years, according to Bloomberg reports published Tuesday (Oct. 10). Get the...