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Getting real about real-time payments in the United States

Accenture

Working directly with our financial services clients on strategic, operational and technical issues, he is on the front lines of the evolution of real-time payments. The global real-time payments market is projected to reach about $26 billion by 2023. ². First, there is the immense market size and its inherent complexity.

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Promethium Subsidiary Receives First FINRA-Approved Digital Asset Custodianship

Perficient

The approval allows Promethium to custody digital asset securities on behalf of both retail and institutional clients. Secondly, as a qualified custodian, which is what the SPBD classification offers, subjects Promethium to provisions of the landmark United States Exchange Act of 1934. The significance of this is two-fold.

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Ascena Retail Group Considers Bankruptcy Filing

PYMNTS

With the pandemic putting its business into a state of disorder, Lane Bryant and Ann Taylor owner Ascena Retail Group is reportedly in talks with lenders about a possible bankruptcy filing. Most of the roughly 2,800 retail locations of Ascena are still shuttered. The retailer foresees closing approximately 230 of 687 stores.

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Ethan Allen Expects 44.9 Pct Retail Written Orders Growth

PYMNTS

anticipates reporting retail segment written orders growth of 44.9 million in cash provided by operating activities. million in cash provided by operating activities. “We is an interior design firm, maker and merchant in the home furnishings market, and is a vertically integrated brand. Ethan Allen Interiors Inc.

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Careem Concludes Operations In Sudan

PYMNTS

Less than a year after the ride-hailing company rolled out in Sudan, Careem has concluded its operations in the country, with a planned takeover by Uber on the horizon. The firm started its Sudan operations in September 2018 following the lifting of economic sanctions by the United States in 2017, Reuters reported.

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Retail Pulse: Toys R Us Returns With Small Retail Stores

PYMNTS

Iconic brick-and-mortar retailers are sometimes reinvented, and return to the world of retail with smaller-format concepts. The parent of the Toys R Us brand, Tru Kids , plans to bring stores under the legendary name to the United States for the 2019 holiday season. In Other Brick-and-Mortar News.

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New Report: Helping Retail Treasurers Navigate The Digital D2C Shift

PYMNTS

Corporates cannot expect to weather the economic and social changes taking place by virtue of their market clout and mastery of traditional supply chains and distribution channels. This environment requires enterprise-scale companies to forge new digital paths to market and form more direct relationships with consumers and end-users.

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