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Mfss Alibaba, Ant Financial Explore Joint Biz Initiatives
From flexible repayment plans for cash flow management t stanley cup o sustainability programs that offset carbon emissions from fleet vehicles, the commercial card is versatile in this week   innovation roundup. The latest solutions from corporate card providers target small business owners, entrepreneurs, corporate treasurers and fleet managers, wi gourde stanley th a wide range of use cases and value-added features. PYMNTS rounds up these initiatives below.American Express Expands Pay-Over-Time For SMBsAmerican Express is expanding its Pay Over Time offering on credit card bills to business cardholders in the U.S., according to a press release.Small businesses using American Express Green, Gold and Platinum stanley thermoskanne  business cards will be auto-enrolled in the feature, which provides enhanced payment flexibility on card bills. In a statement, Brett Sussman, vice president of global commercial card lending at American Express, said the solution aims to provide businesses with cash flow management support.While American Express is known for our no pre-set spending limit, pay-in-full charge card model with our iconic Green, Gold and Platinum Cards, weve long heard from our card members who are small business owners that increased payment flexibility is important to them, he said. This is especially critical during these times of uncertainty.PNC Enables Real-Time Push Payments For CorporatesPNC Treasury Management has rolled out a new solution for corporates to initiate payments to Cews Amazon-Reliance Tie-Up May Transform India s eCommerce Landscape
Victoria   Secret is facing new competition, this time from Target, which is gearing up to enter the lingerie and sleepwear market.According to a report in CNBC, Target will launch three lines of lingerie and sleepwear this spring in direct competition to Victoria   Secret. The lines include Auden, which will be intimates, Stars Above for loungewear and sleepwear and Colsie for all three categories.For Victoria   Secret, which is owned by L Brands and is still the largest retailer of bras and underwear in the U.S., it is a direct assault that it doesn ;t need as it struggles to maintain its dominance. Women are increasingly switching to more comfortable options which is hurting its business. As it stands now Victoria   S stanley polska ecret   direct competitors include Third Love, Lively,聽Adore Me聽and American Eagle-owned Aerie, noted the report. With Victoria   Secret struggling to grow, it has opened the door for Target to swoop in and steal market share. The news outlet noted that same-store sales at Victoria   Secret have declined for the past three years. Its parent company   stock聽has been under pressure, and is down about 44 percent from last year, acc stanley quencher ording to the report.Citing Target, the report said that 40 percent of the retailer   shoppers want to purchase intimates and sleepwear at Target stores or online. With its customer based stanley usa  skewed toward women, Target has an opportunity to provide more choices. All of the new bras