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...
Bitcoin is all set to become a mainstream digital currency with ebay and PayPal working on incorporating it into their online payment system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Brazil’s Ministry of Finance released a statement last week explaining its plan to stabilize the country’s national currency. According to the release, the currently enacted transaction tax on obtaining international loans would be scaled back to exclude short-term loans. Get the Full Story Complete the...
Activist Investor Carl Icahn has picked up at 9.4 stakes in the discount retail chain Family Dollar Stores, Inc. Taken with the investments of Icahn’s affiliate investors, the total buy is worth 10.7 million shares worth about $266 billion. Get the Full Story Complete the...
After weeks of speculation about Uber’s, well uber funding round, the final count is in, and its a monster. 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...
While the rest of the retail sector’s growth is sluggish, electronic shopping continues to pick up steam, according to new U.S. Census Bureau statistics. Going by the County Business Patterns: 2012, the number of electronic and mail-order shoping establishments grew by around 27 percent during 2012,...