News

International
Boeing Subsidies Dispute Prompts EU To Impose Tariffs On $4B In US Goods
November 09, 2020

The European Union is hitting U.S. companies with tariffs on up to $4 billion worth of goods, according to a CNBC report on Monday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Israeli’s Red Dot Capital Raises $200M For Southeast Asia-Focused Tech Startups
November 09, 2020

Red Dot Capital Partners has raised close to $200 million to invest in tech companies seeking to expand into Southeast Asia and Japan, Bloomberg reported Monday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
FSB: Outsourcing Banking Technology Could Pose ‘Systemic Risk’
November 09, 2020

An international watchdog group is cautioning banks about the risks involved with outsourcing key technology. The Financial Stability Board (FSB) warned, in particular, “about the possibility of systemic risk arising from concentration in the provision of some outsourced” services to financial institutions (FIs). Get the...

Retail
Long-Term Thinking Meets Digital-First Retail Economy
November 09, 2020

By now, it’s apparent that the pandemic has left an indelible mark on retail. That’s not a judgment, it’s reality. No one wants to say that the consequences of COVID have been positive for business, because they have not. Change in business has its own...

Retail
VF Corporation To Buy Streetwear Brand Supreme
November 09, 2020

VF Corporation and streetwear brand Supreme have inked a merger agreement, while Goode Partners and The Carlyle Group are selling their investments in the Supreme brand, according to a Monday (Nov. 9) announcement. Get the Full Story Complete the form to unlock this article and...

Retail
Rite Aid Rebrands, Reconfigures Retail Experience
November 09, 2020

Rite Aid, locked in a battle for U.S. market share with CVS and Walgreens, unveiled its rebranding Monday (Nov. 9) along with a new vision for its in-store and digital-first experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Merchants Gain Deep Insights On Changes To How We Shop
November 09, 2020

Cash or card? Such were the halcyon days of payments. That duopoly is vanishing fast as payments preference takes center stage in a dash to anywhere, “any way you like” commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
B2B Payment Terms Take A Hit From COVID-19
November 09, 2020

Delayed payments continue to plague suppliers, particularly smaller players, and unfortunately, the global pandemic has only worsened this pain point. This week’s B2B Data Digest looks at the latest stats in the fight against late payments, and finds several instances in which the COVID-19 crisis...

B2B Payments
Business Payments FinTechs Embrace A Time To Innovate
November 09, 2020

With the global pandemic creating a market of volatility, corporate spend is down as businesses look to safeguard their bottom lines against macroeconomic headwinds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...