Buying land on which to build a warehouse is becoming an increasingly pricey proposition. As two-day shipping becomes heavily favored among consumers, eCommerce firms are under mounting pressure to locate their warehouses and distribution centers as close to their customer bases as possible. Get the...
Providing financial services to legal marijuana businesses in the U.S. has proven a challenging, complicated venture for the nation’s banks. As more financial institutions (FIs) warm up to the idea, one bank in Maryland is taking significant steps to address cannabis companies’ FinServ challenges. Get...
The Bank of England is reportedly exploring the possibility of developing and issuing its own digital currency, according to recent reports in The Telegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In what was one of the most dramatic representations of the blockchain hype in 2017, a cigar company based in Florida reportedly ditched cigars entirely to operate in cryptocurrency mining. It’s a dramatic turnaround for the firm, Rich Cigars — which rebranded as Intercontinental Technology, Inc....
China’s central bank is reportedly looking to enhance the efficiency of cross-border payments by lengthening the operating hours of its payments clearing system for high-value transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Tracking how companies and their employees spend money is undoubtedly a critical component, not only for cash flow management, but also to ensure regulatory compliance and accurate financial reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
SAP is rebranding the travel and expense management company, Concur, following an acquisition of the firm in 2014. 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...
A number of bitcoin rivals, such as Stellar, on their way to making a dent in the cryptocurrency’s dominance. 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...
December auto sales were lower than expected in the U.S., with the majority of the big vehicle manufacturers reporting a decline year-over-year. According to Wednesday (Jan. 3) reports from Reuters, the sales decline came despite steep discounts on vehicles as uncertainty over tax reform and interest...
