Alibaba and Tencent, which are locked in a battle to win over consumers, have invested more than $10 billion in retailers since the beginning of 2017. As a result, retailers are taking sides, CNBC reported. Get the Full Story Complete the form to unlock this...
Marking the first time that a brand other than Snap has allowed consumers to purchase a product directly through Snapchat, Nike pre-released its Air Jordan III “Tinker” sneakers on Snapchat with same-day delivery, TechCrunch reported. The sale was only available to attendees of a Monday (Feb. 19)...
Even Financial announced news on Tuesday (Feb. 20) that it received $3 million in a strategic investing round, with participation from American Express Ventures, the strategic investment unit of American Express. The financial services company said Amex was joined by Plug & Play and Arab...
Individual jurisdictions around the globe are pressing for both faster and more efficient cross-border payments. 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,...
Trade finance is viewed as essential to businesses, especially smaller firms, that participate in the global economy and expand across borders. Yet there is a $1.5 trillion gap in available trade finance, a staggering figure released last year by the Asian Development Bank (ADB). Get...
Traditional bank loans still reign as the top financing target for small business (SMB) borrowers, but a new report suggests alternative lenders are gaining traction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Small and medium-sized businesses (SMBs) that take on debt actually perform better than those that don’t, according to a new report, though analysts warned that companies taking on personal loans rather than small business loans aren’t seeing the same benefits. Get the Full Story Complete...
U.K. consumer watchdog Which? is calling for better protections against push payment scams, according to reports. 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...
India’s police took more action in their investigation of the loan scam at Punjab National Bank (PNB), arresting three more employees of the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
