Plans by the U.K. Competition and Markets Authority (CMA) to boost banking competition by facilitating bank switching for small and medium-sized enterprises could backfire, according to one critic of the initiative. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A new report by supplier payments automation firm Tipalti says accounts payable executives are spending too much time paying their suppliers or getting their supplier onboarded onto a system to get paid in the first place. Get the Full Story Complete the form to unlock...
Football has been around for a long time, but that doesn’t mean it can’t get high tech like everything around it. That’s probably the thinking behind Wilson Sporting Good Co.’s Wilson X Connected Football, which it launched earlier Monday (Aug. 8). Get the Full Story...
In the week that just ended, with a bang and not a whimper on strong jobs numbers, the Payments Stock Index gave a decidedly mixed performance. The earnings numbers continue to dominate headlines and also the stock swings that were in evidence over the past...
Airbnb’s last investment round pales in comparison to the most recent round; a group of investors pushed Airbnb to a market cap that is second only to Uber, which is currently worth $68 billion. Airbnb plans to use the raised capital for physical expansion and...
It looks like job cuts are coming to Dollar Tree, and 370 positions are going by the wayside as the firm restructures after its acquisition of Family Dollar. Those cuts will sweep up 100 vacant Family Dollar positions – so no layoffs there – and...
Aeropostale’s 500 stores could potentially be on the path to be sold to private equity firm Versa Capital Management, a distressed investment specialist, according to papers filed in court last Thursday. Neither firm has officially commented on the news. Get the Full Story Complete the...
Walmart got out of the gate early with the big announcement of the week, with the news that they will be acquiring Jet.com for $3.3 billion in cash and stock. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
When did camping suddenly become cool again? 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, PYMNTS Today. By completing this form, you agree...
