Walmart’s ambitions to be a viable B2B supplier in India continue to grow, as two more of the megaretailer’s Best Price Modern Wholesale stores are set to add eCommerce-service support, in Guntur and Vijayawada in Andhra Pradesh. The stores reportedly will begin supporting eCommerce sales...
New technologies often bring with them new vulnerabilities, and in this period of rapid innovation, banks’ need to manage the associated operational risks is the most urgent, a top U.S. banking official advised this week. Get the Full Story Complete the form to unlock this...
During a recent webinar on procure-to-pay (P2P) trends, participants were polled about what they saw as their greatest P2P challenge. The biggest, cited by a third of procurement specialists attending, was the lack of accurate spend visibility. Get the Full Story Complete the form to...
Regulators in Bangladesh are looking to incorporate factoring as a financing option to help expedite the country’s import/export activities and to provide a means for its manufacturers and exporters to avoid problems associated with deferred payments from buyers. Get the Full Story Complete the form...
Online commerce has become more sophisticated over the years, with more and more consumers using the channel in new ways to buy and research products and services. And this is bolstering merchants’ need to build omnichannel strategies that include consistent experiences across both online and...
With Alibaba last week having gone through the largest initial public offering in U.S. history, expect continued growth in international eCommerce trade coming out of China. Alibaba already is saying it wants to create more online sales between China and other Asian businesses and consumers,...
Though Congress passed a law capping debit card issuers’ per-transaction interchange income at essentially 24 cents—about half the average issuer take previously—many merchants remain convinced issuers still earn sizable profits from their debit card transactions. Get the Full Story Complete the form to unlock this...
With Alibaba’s IPO completed last week, payments leaders are realizing the huge potential impact on B2B payments. 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...
Some 20 to 30 years ago, every U.S. oil company ran its own in-house fuel card operation. Today, most outsource those operations. That trend has only just begun in Europe, where most businesses still operate their card programs internally. Get the Full Story Complete the...