News

Cross Border Commerce
How Chinese Students Boost Cross-Border Payments
May 17, 2016

A decade or so ago, the only kids in China who could afford to study in the U.S. were the kids of the super rich. Though times – and the rise of the emerging middle class — have changed that, actually making those international payments...

SAP’s SMB eComm Play Includes Google, PayPal
May 17, 2016

The U.S. is a critical market for SAP. But it wasn’t until this week that SAP Anywhere, the firm’s eCommerce-as-a-Service solution, entered the U.S. market, despite having already launched in China and the U.K. Why? According to SAP Anywhere Senior Vice President and General Manager...

Merchant Innovation
Some Pull Ahead, Others Fall Behind 2016’s Strongest Retail Trends
May 17, 2016

Several years ago, traditional retailers that failed to act in response to disruptions in their industries have either financially disintegrated or are well on their way to that end now. Over the last few years, though, every retail executive worth his or her salt has...

Union Bank Moves On Small Biz Cards
May 17, 2016

Elan Financial Services is introducing an initiative to bring small businesses a credit card solution, and on Monday (May 16), the firm announced a partnership with Union Bank to make it happen. Get the Full Story Complete the form to unlock this article and enjoy...

China Scrambles To Boost Private Sector Lending
May 17, 2016

Corporate debt in China is on the rise, with nonperforming loans presenting worrying growth in the market. But, earlier this year, the nation surprisingly showed an uptick in small business lending, as reported by the central bank. Get the Full Story Complete the form to...

Loyalty & Rewards
Acorns Turns Retailer Loyalty Points Into Investments
May 17, 2016

Once upon a time, retailers had one way to manage rewards programs: have shoppers make incremental purchases toward some distant (and often less-than-worthwhile) goal. However, years of lukewarm success followed by years of rapid innovation has granted the loyalty scene with some fresh new ideas. Ideas...

Durbin Takes Aim At Card Networks Over Chip Cards
May 17, 2016

Dick Durbin is not very pleased with EMVCo. 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...

B2B Payments
Alt-Lending Market Continues Expansion Despite Struggles
May 17, 2016

Amid growing doubts over the alternative lending industry and a rising chance of regulation, marketplace finance firms are facing an uncertain future. But that hasn’t stopped the market from growing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
Walmart Pay Goes Live In 600 Stores
May 16, 2016

As Apple, Samsung and Google continue to battle it out for shares of the burgeoning mobile wallet market, a good deal of their efforts are focused on bringing retail partners on board to bolster their payment networks. Walmart was a significant prize to be won...