It’s 2018! That means that now, whenever people perceive something as backwards, unfashionable or antiquated, they’ll be quick to say it’s “so 2017.” But let’s not be so quick to write off the old year just because the new one has arrived. A lot of...
So far, so good for department stores in 2017: Early holiday sales results have spurred enthusiasm on Wall Street, which has turned into a happy New Year stock rally. JCPenney closed up nearly 11 percent, and Macy’s saw a 4.5 percent bounce, while Kohl’s and...
Investors are slated to provide a lot of support for the blockchain industry in 2018, but analysts largely agree that the technology remains in its early stages — even as more projects shift from concept phase into real-world working applications. Get the Full Story Complete the...
The Indian government wants banks to handle issues surrounding bad corporate debts and has no plans to waive the loans, according to reports Friday (Dec. 29) in the Economic Times of India. Get the Full Story Complete the form to unlock this article and enjoy...
The U.K. took several steps in 2017 to address the issue of late payments that large corporations make to their small and medium-sized business (SMB) suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Analysis of new federal data suggests more U.S. banks are warming to the possibility of servicing marijuana businesses in states where the drug is legalized, according to Tuesday (Jan. 2) reports in Forbes. Get the Full Story Complete the form to unlock this article and...
Several waves in the evolution of banking and financial services appear to have roots, at least partially, in the small and medium-sized business (SMB) community. The rise of alternative lending, for instance, is often attributed to the pullback among traditional financial institutions (FIs) from lending...
The New York Federal Reserve has begun its search for its next president to follow outgoing Chief William Dudley. According to reports in Bloomberg Markets, the list of potential candidates is long. Get the Full Story Complete the form to unlock this article and enjoy...
It looks like MoneyGram will not be bought by Ant Financial after all, as a U.S. government panel has officially rejected the deal over national security concerns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
