There is a new reality in apparel retail, and the designer-focused markets of the past have given way to a hyphenated tour de force: fast-fashion apparel. For a while, it was the thought of traditional fashion execs that it was just young shoppers with flighty...
In business and poker, it’s important to know, in equal parts, when to hold them and also when to fold them. And it looks like Naspers, one of the leading media outlets on the African continent, is taking the latter route with one if its...
There once was a time when recurring charges for a regular retail purchase were only copacetic in consumers’ eyes as a way to pay down a big-ticket item over time or the accepted retainer for high-priced fashion and design consultants. Now, however, the subscription model...
It looks like Alibaba-backed mobile wallet Paytm may not be very useful when it comes to 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...
The waves hitting the online lending pool seem to be coming nonstop. Lending Club talked down its numbers on loans being sold to investors, with the additional disclosure, as noted by The Wall Street Journal, that the company has been buying at least some of the loans itself....
There’s a shortage of BINs – Bank Identification Numbers – thanks to the growing demand for accounts and digital use cases tied to tokenization. But MasterCard SVP Andrea Gilman says that the ISO 8-digit BIN standard that will be released this week is too heavy...
Chinese eCommerce giant Alibaba Group Holdings’ Ant Financial affiliate took a 20 percent stake in financial data provider Shanghai Suntime Information Technology, Reuters reported last week. The stake was amassed for a purchase price of $35 million, according to the newswire. Get the Full Story...
Data is easy enough to come by. It’s making sense of it on the fly that is difficult. QuickBooks, whose Android app lets users track multiple companies and operations across phones, tells PYMNTS why mobilizing SMBs matters.
Symantec is starting the week with a bang, announcing its intention to snap up Blue Coat Systems in a $4.65 billion deal that will broaden the security tech giant’s portfolio of cyberdefense tech and bring along a new CEO for good measure. Get the Full Story...