American Express has launched Global Pay, a digital solution the company said will let U.S. businesses make secure domestic and international B2B payments. “Through this new digital solution, business customers can send payments funded from their business bank account to their suppliers in more than...
Savana, a financial software startup for banks and FinTechs, has raised $45 million in Series A funding round, according to a Tuesday (Aug. 2) press release. It will use the capital to drive the growth of its core digital delivery platform and accelerate the development...
With a portfolio of more than 230 properties spread across 37 states and three continents, Indianapolis-based Simon Property Group’s purview of — and exposure to — the global retail industry is second to none. But while most consumers and businesses are currently frightened by a...
Walmart-owned South African retailer Massmart is struggling to overcome ongoing restrictions and lockdowns related to the continuing spread of COVID-19 across the region, according to a Tuesday (Aug. 2) press release. Walmart will announce its full first-half results later this month, according to a trading...
Businesses in India with an annual turnover of Rs 10 crore and above will be mandated to use electronic invoicing as of Oct. 1 in a move by the Central Board of Indirect Taxes and Customs (CBIC) intended to plug revenue leakages and facilitate compliance. Currently, eInvoices...
At a time of nosebleed price increases and product shortages, consumers will take certainty wherever they can get it, and for over one-third that means same-day pickup and delivery. In July’s “ConnectedEconomy™ Monthly Report: The Rise Of The Smart Home,” based on surveys of nearly...
For this month’s "Global Commerce Tracker®," Dmitriy Peregudov, founder of GiftBasketsOverseas.com, tells PYMNTS how third-party partnerships can help merchants tap South Korea’s booming $14 billion eCommerce ecosystem.
One of the many habits broken by of the pandemic was the monthly ritual of mailing off a rent check every month. Because there wasn’t anyone at the leasing office to receive those checks, scan them and deposit them, renters and property management companies alike...
One month into his new role and Pinterest CEO Bill Ready was given a rousing 20% ovation from Wall Street Monday after the former PayPal and Google executive told investors he planned to unlock and monetize the ailing social media company’s unique potential. In delivering...
