News

Investments
Acorns Has More Than 3.5M Customers, 100,000 For Retirement
May 29, 2018

Acorns, the mobile investing platform that takes spare change and invests it on behalf of its customers, has reached more than 3.5 million customers, with most investing around $50 or $60 per month. Get the Full Story Complete the form to unlock this article and...

Investments
$150B Valuation Makes Ant Financial World’s Largest Unicorn, Ahead Of Possible IPO
May 29, 2018

Ahead of an expected initial public offering (IPO), Alibaba’s investment arm Ant Financial has secured $10 billion in funding from global and local investors, and declared a valuation of $150 billion — more than double its valuation after its last funding round in April 2016,...

Retail
Pret A Manger’s New Management
May 29, 2018

British coffee and sandwich chain Pret A Manger has found a new majority stakeholder: JAB Holding Company is expanding its already considerable reach within the coffee business with a purchase. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Kraft Heinz Plans To Ramp Up Investments
May 29, 2018

Three years after Kraft Food Group and H.J. Heinz merged, the combined company may be hungry for acquisitions. After cutting $1.7 billion from spending, executives of Kraft Heinz said it’s now time for growth and investment, The Chicago Tribune reported. Get the Full Story Complete the...

Retail
US Faces Shortage Of 50,000 Truck Drivers
May 29, 2018

The American Trucking Associations (ATA) said that the U.S. is facing a shortage of 50,000 truck drivers, impacting both retailers and consumers. The U.S. will need 898,000 additional drivers over the next 10 years to meet future demand, CNBC reported. Get the Full Story Complete the...

Retail
American Brands Are Bullish On Retail Expansion In China
May 29, 2018

American retailers are heading east: They’re opening the doors to brick-and-mortar stores in China, while listing on China’s dueling marketplaces — Tencent and JD.com. Walmart, for example, brought a small-format supermarket to the city of Shenzhen as the popularity of “small retail” grows in China. Get...

B2B Payments
One-Third Of Employers Use Decade-Old Payroll Technology
May 29, 2018

A new survey has found that one-third of employers are using payroll technology that is at least 10 years old. The “Evolution of Payroll Technology Survey,” conducted by Kronos with the American Payroll Association, polled nearly 1,000 payroll professionals from small, mid, and enterprise-size organizations (SMBs)...

B2B Payments
Fidelity Bank Offers New Products To SMEs In Ghana
May 29, 2018

Fidelity Bank Ghana announced it is boosting its support of the country’s Small and Medium Scale Enterprises (SMEs) through new products, specialized services, as well as financial and technical assistance. According to GhanaWeb, the news was revealed at the bank’s SME summit in Accra, which was...

B2B Payments
 The Hill Looks At Speeding DoD Vendor Payments
May 29, 2018

The Hill has taken up legislation that eyes late payments, indicating that not everything is Carillion, all the time, when it comes to vendor payments. But then again, Carillion continues to have an impact across the pond, where official reports find lax government reactions to...