Earlier this year, China raised eyebrows when reports said the nation’s officials had banned state-run agencies, including banks, from procuring IT services from foreign suppliers, including Apple, Cisco, IBM and Microsoft. The latest reports, however, suggest that China may be easing up on those restrictions....
After half a century of more or less unchanged procurement procedures, the World Bank is suddenly stepping up to the plate when it comes to promoting sophisticated, modern procurement policy and tactics — for both itself and nations around the globe. Get the Full Story...
Alibaba’s recent efforts to ease friction in cross-border B2B commerce included the launch of its Trade Assurance program, a venture that sees Alibaba vet international suppliers to strengthen business buyers’ confidence in their online purchases from China. Get the Full Story Complete the form to...
Second-quarter earnings of major brick-and-mortar retailers like Target and Home Depot are showing the benefits distribution to digital consumers can bring.
While the Internal Revenue Service is still dealing with the repercussions of the massive cyber attack that compromised the data from tax returns for roughly 330,000 people, now it is also facing a class action lawsuit.
More than 90 companies are now using Facebook’s cybersecurity platform ThreatExchange to share security and threat information.
In the latest development that signals a continued push into India, Uber has linked up with Bharti Airtel in a deal that will let customers in India pay for rides through the latter’s mobile wallet platform. Get the Full Story Complete the form to unlock...
Global payments company, Emergent Payments, is gearing up to add muscle to its business in emerging markets by hiring executives from leading payments companies PayPal, Worldpay and Visa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Amazon’s voice-activated smart gadget, Echo, is now compatible with consumer products from smart-home firm SmartThings. 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,...