News

Retail
Victoria’s Secret CEO Suddenly Splits
February 15, 2016

In a move that took almost everyone by surprise, Victoria’s Secret CEO Sharen Jester Turney announced her resignation to spend more time with her family. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

South Asia
Snapdeal Snaps Up $200M To Battle For Control Of Indian eCommerce
February 15, 2016

India’s second largest eCommerce site, Snapdeal, is gearing up to play for first position. 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...

South East Asia
Chinese New Year Stimulates Retail, But Less Than In Previous Years
February 15, 2016

While in most cases 11 percent growth in sales would be something to celebrate without qualification, China watchers are feeling a little disappointed in that figure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Cash Flow Forecasting Is Paramount This Year, Warns Hitachi
February 15, 2016

Demand for alternative finance is on the rise among small and medium-sized enterprises in the U.K., according to new analysis from Hitachi Capital Invoice Finance. But even with access to capital, not all SMEs will see success this year. Get the Full Story Complete the...

The Many Rails Of China’s X-Border Payments Journey
February 15, 2016

China’s economy is in flux, and the headlines lately haven’t been good: The value of the yuan has dropped, late B2B payments are becoming an increasing problem in the market and some analysts doubt whether the government-backed China International Payments System — a venture aimed at...

B2B Payments
Fed Opens Portal For Faster Payments Tech Submissions
February 15, 2016

The U.S. Federal Reserve is traveling along its roadmap to facilitate faster payments in the country. Earlier this month, the body released a progress report on that initiative, highlighting the 36 criteria its task force produced to achieve a faster payments system. Get the Full...

B2B Payments
Where Commercial Cards Will Flourish This Decade
February 15, 2016

Commercial cards are getting more advanced for corporate payers. From spend analytics and custom controls, to rewards tailored to the payer, the payment method is quickly finding a place in B2B payments. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Ebuyer Enters B2B eCommerce — With Financing Twist
February 15, 2016

Online commerce portal Ebuyer is entering the world of B2B commerce. The company announced Friday (Feb. 12) that it is teaming up with U.K. financing firm Shire Leasing to provide SME shoppers with equipment leasing services. Get the Full Story Complete the form to unlock...

B2B Payments
B2B eInvoices, Dynamic Discounting And Expense Management In The Cloud
February 15, 2016

The week’s data was filled with a few contradictions among analysts. For instance, electronic invoice volume is soaring to new heights, but paper invoicing is far from going extinct. New stats on small businesses find modest economic optimism but slowing hiring and spend. Plus, researchers...