As lawmakers in the U.K. consider cracking down on the recent practice by big companies of waiting 90 to 120 days to pay smaller suppliers, it turns out the practice has quietly spread to U.S. manufacturers as well, according to The New York Times. Get...
Alibaba’s financial arm is officially tracking eCommerce. 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, PYMNTS Today. By completing this form, you agree...
Delivering mass payments in the corporate world – globally, quickly and efficiently – takes the right technology platform and the right network of financial institutions to pull off. That’s why global payments provider Hyperwallet teamed up with Western Union in a strategic partnership to leverage...
As far as eCommerce in China goes, business is booming. 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, PYMNTS Today. By completing this...
For most of the developed business world, the phrase “time is money,” is about using time better in order to maximize capital production. For most of India — the cash-centric, developing economy of 1.3 billion people — the phrase “time is money” has an entirely...
Alibaba.com announced yesterday (April 8) that it would be working with the eCommerce platform, Bigcommerce to bring its online retailers a more seamless route to connect with Alibaba’s suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Despite complaints that the new rules are costly and difficult to follow, PayPal and its parent company eBay have announced that they will be the first U.S.-based companies to submit to new Russian rules that require Web companies to store Russian users’ data in Russia. Get the...
While latest findings reveal an uptick in small business lending options among major banks, a recent survey from YouGov indicates that most small businesses aren’t getting the help they need from big banks to get working capital. Get the Full Story Complete the form to...
Chinese smartphone maker Xiaomi is expanding its sales channels in India beyond Flipkart to include Snapdeal and Amazon India, along with Indian brick-and-mortar retailers for the first time, TechCrunch reported on Tuesday (April 7). Get the Full Story Complete the form to unlock this article...