News

B2B Payments
Travelport Hotelzon Eyes Hotel V-Card Acceptance
September 13, 2017

While virtual cards (v-cards) can offer a secure and efficient way for businesses to pay travel suppliers, some industry players have highlighted a key pain point for the payment rail: For suppliers accepting v-cards, they still have to manually enter payment data. Get the Full...

B2B Payments
Aquiire Snaps Up Machine Learning Tech From Zakta
September 13, 2017

Aquiire, an eProcurement company, has acquired technology from semantic search firm Zakta to enhance its services with machine learning, news reports said Tuesday (Sept. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Nordstrom To Go Private in Potential Deal with Leonard Green
September 13, 2017

Nordstrom family members are closing in on an agreement with a private equity firm to assist in a buyout of the luxury retail giant. The Street reported that after news broke of the potential deal with Leonard Green & Partners, Nordstrom shares surged over 8...

Ridesharing
SoftBank Takes Another Run At Acquiring Uber Stake
September 13, 2017

SoftBank has gotten one step closer to acquiring a considerable stake in Uber, as the ride-hailing company will soon formally offer some of its shares to investors in exchange for billions of dollars from SoftBank. Get the Full Story Complete the form to unlock this...

International
FCA Warns Investors Could Lose All Their Money In ICOs
September 13, 2017

The United Kingdom’s Financial Conduct Authority (FCA) is warning initial coin offering (ICO) investors they could lose all of their money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Alibaba, Paytm Could Make Joint Investment In BigBasket
September 13, 2017

Chinese eCommerce giant Alibaba and India-based digital payment company Paytm are gearing up to invest around $200 million in Indian online grocer BigBasket. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Financial Inclusion
Good News, Wages Are Up For The Second Consecutive Year
September 13, 2017

Since the Great Recession, the ongoing concern has been that the recovery has not been evenly distributed in the aftermath as wages have not kept up with the post-Recession economic growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

eCommerce
PingPong Global: Serving Up China’s Sellers For Global E-Commerce Marketplaces
September 13, 2017

We all know the lure of China’s consumers for retailers and merchants of all stripes and sizes operating across the globe. Gathering wallet share of hundreds of millions of young, urban and newly flush Chinese consumers as they search online for goods and services is...

Retail
Mobile Commerce To Break $250B By 2020
September 12, 2017

After something of a slow start, mobile eCommerce is set to make up half of all online sales by the year 2020 — worth nearly $250 billion annually. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...