Despite experiencing strong growth across its digital channels, Target missed earnings estimates while reporting top-line results slightly ahead of revenue estimates. The retailer reported earnings per share of $1.32 and revenues of $16.8 billion compared to analysts’ estimates of $1.38 and $16.5 billion, respectively. Get...
Senators have introduced a bipartisan bill targeted at accelerating payments made by the U.S. Department of Defense (DoD) to its small suppliers, according to Sheridan Media reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A new survey released this week by the U.S. Federal Reserve finds small businesses are enjoying boosted confidence (and revenues). But how are SMBs faring on a global scale? The research is favorable for companies trading across borders, too, as technology gears up to increase...
Global in scope, banks and FinTech go hand in hand, with a bit of blockchain bowing in banking. Some inroads are being made in digital branches, too. Meanwhile in China, eCommerce beyond borders gets a boost across APMs, as ChinaPay links with Computop.
Paper checks may be the No.1 way to pay suppliers in the U.S., but only by a slight majority. ACH, wire, virtual and physical cards, and other rails all come into the mix, particularly as each vie for a chance to take B2B payment market...
Artificial intelligence (AI) robot technology firm Aitheon is introducing an array of so-called “digibots” developed to automate business processes using blockchain technology, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
U.K. banking giant Barclays is reportedly looking into the possibility of merging with Standard Chartered. 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,...
The Kroger Co. has announced a merger with Home Chef, the country’s largest private meal kit company. 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...
Some of the biggest banks in Europe are urging regulators to increase oversight of large technology companies that are moving into the financial services market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
