Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend. These seemingly harmless customer services are being used as currency in an unlikely and dangerous economy...
Unibail-Rodamco, Europe’s largest property firm, is on track to purchase U.S. and U.K. mall operator Westfield Corp. for $16 billion. 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...
Travelport, which enables corporate travel agencies with point-of-sale (POS) technology, is repositioning itself in response to heightened awareness and adoption of virtual cards (v-cards) in the business travel space. The company announced news on Monday (Dec. 11) that it is expanding its partnership with virtual...
Paper checks for domestic suppliers, wire transfers for international ones. That’s the status quo in corporate payments, and it’s not only creating friction for the business payer; it’s creating headaches for small business (SMB) accounting too. Get the Full Story Complete the form to unlock...
Faster and real-time payments are generally considered a benefit for the consumer payments world. But with the U.S. finally making inroads in its faster payments initiatives, it’s now time to see whether faster payments will make their way into the B2B sphere too. Get the...
Citi’s Treasury and Trade Solutions is expanding its international ACH payments service capabilities for corporate customers. 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...
The world is growing ever more interconnected, to be sure, including within commerce, now a 24/7 endeavor for firms in almost any industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Demand for corporate finance helped propel China’s banks to new lending records in November, according to news from Reuters on Monday (Dec. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The holiday season is always a busy shopping period, but this Dec. 22, the last Friday before Christmas Eve, could shape up to be the busiest day of the year for retailers. Get the Full Story Complete the form to unlock this article and enjoy...
