Several recent reports on private-label credit cards show a market that, like most loan-based products, fell considerably during the recent recession. But signs are pointing up these days, as merchants and the owners of their card portfolios are back to positive growth.
Speculations over Alibaba filing for an IPO were put to rest when Executive Chairman Jack Ma denied any such plans at a news conference in Guangzhou, China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Online to offline (OTO) retail start-up Bindo has just taken in $1.8 million is an oversubscribed seed funding round. The company offers an iPad Point of Sale (POS), or checkout system that allows merchants to manage inventory and customer relationships through a cloud-based payment platform....
Online payments startup NVoicePay announced in a regulatory filing last week that it had raised $1.2 million in new investments. The Oregon-based firm now has a total of $5 million in investments. Get the Full Story Complete the form to unlock this article and enjoy...
A dramatic shift is underway in the currency U.S. companies use to trade internationally, especially with China, new data show. Increasingly, U.S. firms are settling trades in China’s renminbi instead of the U.S. dollar. Though the U.S. currency still dominates trade in the China/Hong Kong...
Last week WEX, a corporate payments solutions provider, announced that it extended its existing fuel price risk management program through the fourth quarter of 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Adapt or die. It’s a simple enough phrase, usually associated with evolution of living organisms. However, it’s a mantra that is becoming more of a reality for organizations in the third-party logistics (3PL) industry.
Last week at the technology conference SAPPHIRE NOW, SAP CEO Bill McDermott announced that his company’s Ariba Network is teaming up with eBay and its B2B marketplace for streamlined approach to indirect purchases not covered by contracts and formal invoicing. Get the Full Story Complete the form to unlock...
The France-based e-commerce company Cnova NV filed an IPO last week. Cnova’s annual e-commerce sales hit $5.63 billion – mainly in France and Brazil – and the company added that it plans to raise as much as $100 million in new working capital. Get the...
