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News
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165Mall Sector Gets More Bad News; Neiman To Cut Staff
The embattled mall category absorbed more bad news this week as Brookfield Properties and Neiman Marcus showed further signs of consistent financial...
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212Manifesting Retail’s Week Of Revolution
Retail, for all intents and purposes, has always been an interdependent system. Supply depends on demand; demand depends on supply; supply depends...
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230Connected Car Commerce Picks Up Speed
The connected car is fast becoming the transactional car. New moves from automakers and credit card companies are pushing vehicle commerce —...
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303UK Retail Sales Get Further Lift After Lockdown Rules Dropped
As the U.K.’s lockdown measures were lifted, consumers went out shopping for various products, including home-related goods like sofas. As a result,...
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270Men’s Wearhouse Debuts New Streamlined Store Design Near Houston
As many retailers shutter brick-and-mortar stores while others invest in their online outlets, Men’s Wearhouse has renovated what it calls a next-generation...
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344Community FIs Battle Against Low Interest Rates To Help SMBs Thrive
When the Paycheck Protection Program (PPP) rolled out in the U.S., smaller community banks and credit unions (CUs) stepped up to the...
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364Banks, FinTechs Dive Into New Payment Rails For B2B
When it comes to payment rails innovation, financial service providers can either improve upon existing infrastructure, or build entirely new rails altogether....
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491MineralTree Raises $50M, Buys Two Companies
MineralTree Inc., the Massachusetts-based accounts payable (AP) automation software provider, announced a $50 million Series D investment round and the purchase of...
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1.0KClosing The Paper Check To Instant Cash Flow Gap For America’s SMBs
Turn the clock back a year and the world for small businesses was very different on the eve of the 2019 holiday-shopping...
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632Personalization And Contextual Banking Will Drive The Consumerization Of B2B Payments
At a high level, the same consumers whose day jobs are to manage a company’s payments and financial controls have become accustomed...
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964Sneaker Marketplace Goat Group Nets $100M For Expansion On $1.75B Valuation
Online sneaker marketplace Goat Group has raised $100 million in a Series E funding round, according to The Wall Street Journal (WSJ), which...
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886Macy's CEO: Stores Give Retailer Flexibility During Holiday Season
Macy's is preparing a variety of possibilities for holiday sales amidst the pandemic, including starting deals early and offering omnichannel options, CNBC...
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836Auditoria Debuts New Automation Features For Corporate Finance
Artificial intelligence (AI) automation firm Auditoria has announced new capabilities to help enhance financial back-office tasks, according to a press release. There...
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787FreshBooks Buys Mexico-Based Digital Invoicing Firm Facturama
As it continues to grow its global footprint, FreshBooks said it has purchased Mexico-based eInvoicing firm Facturama. The latter company assists small...
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905Sports Concessions, Dunkin’ To Test Mastercard Checkout-Free System
As merchants attempt to fulfill the demands of customers for expediency and less person-to-person contact, Dunkin’ and sports venue hospitality stands are...
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1.6KRobinhood Raises $460M One Month After Raising $200M
Trading FinTech Robinhood Markets Inc. has grown the size of its newest investment round to $660 million, Fox Business reported, citing a...
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1.1KToday’s Top Retail News: Nike CEO Touts Digital; KKR Purchases 1-800 Contacts
In today’s top retail news: Nike’s CEO touts digital commerce as the “new normal,” KKR will acquire 1-800 Contacts, and Amazon is...
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1.2KDigital Mortgage Startup Blend Expands Into Consumer Banking
Blend, the home loan tech startup, isn’t done growing. The San Francisco-based digital mortgage and loan platform on Wednesday (Sept. 23) announced...
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946Salsify Lands $155M For eCommerce Tech Solutions
Salsify, a startup that helps companies and their brands “win on the digital shelf,” has just raised another $155 million as it...
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776Today In Payments: DOJ Antitrust Case Against Google To Focus On Search; GoodRx IPO Shares Sell Above Target
In today’s top news, the DOJ’s antitrust case against Google will focus on its power over internet searches, and GoodRx priced its...
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813Intuit Launches QuickBooks Commerce Sales Platform
Intuit is pushing deeper into the booming eCommerce sector with a new platform aimed at small businesses as the coronavirus continues to...
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1.3KFIS, The Clearing House Partner To Connect Small, Mid-Sized Banks, CUs To RTP
FIS has partnered with The Clearing House (TCH), the operator of the nation’s payments system infrastructure to provide instant settlements to small to mid-sized banks...
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1.4KDisneyland Pushes For A Green Light To Reopen With Advanced Safety Measures
Hit harder than most U.S. states by COVID-19, California has been comparatively slower to reopen. So slow, in fact, that Walt Disney...
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1.0KVirgin Money Takes Big Haul In RBS Innovation Fund
Virgin Money said on Wednesday (Sept. 23) that it has landed the equivalent of $44.7 million from the United Kingdom's Capability Innovation...
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1.8KToday In Payments Around The World: PayPal, Mastercard Expand Debit Card Offering In Europe; ECB President Advocates For Digital Euro
In today’s top payments news around the world, PayPal and Mastercard are adding more European Union (EU) countries to a debit card...
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999Amazon Rolls Out 'Climate Pledge Friendly' Program
To help make it simple for consumers to find and buy more sustainable items, Amazon has unveiled its new Climate Pledge Friendly...
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964SMB Profile: Looking Forward To Christmas In Connecticut
Like all the towns on the Connecticut shoreline, Guilford is centered around a village green. On its north side stands a picture-postcard,...
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992Nike CEO: Digital Is The New Normal
Nike’s earnings call on Tuesday (Sept. 22), in which it set a new standard for companies capitalizing on the digital-first economy, just...
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897KKR Agrees To Purchase 1-800 Contacts From AEA Investors
1-800 Contacts unveiled a deal through which investment firm KKR will buy the company from AEA Investors, according to a Wednesday (Sept....
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825Cloud Payment Processor Volante Teams With Goldman Sachs On Digital Transaction Banking
Volante Technologies Inc., the FinTech software company, announced Wednesday (Sept. 23) it is collaborating with Goldman Sachs Bank USA to provide the payments...
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1.0KB2B Finserv Finds Value In The Virtual Card's Versatility
The virtual card can be a valuable payment solution for the enterprise thanks to the technology's security features and mobility. Yet adoption...
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1.0KThe B2B, B2C Realms Of eCommerce Are Headed For Convergence
The digitization boom catalyzed by the pandemic has not been isolated to just the U.S. Indeed, it has been a global phenomenon...
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1.1KUnlocking Brazil's Open Banking Potential
In the journey to improve the payments experience, sometimes the best user experience (UX) is an unnoticeable one. Payment innovators are migrating...
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979GoodRx Goes Public As IPO Prices At Above-Target $33 A Share
One week after GoodRx Holdings Inc. filed its initial public offering (IPO), the discount prescription marketplace priced its stock at $33 per...
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1.5KOnline Gaming’s Winning Payouts Plan
A lot has changed in the past six months, particularly in terms of how consumers spend their free time and access entertainment....
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1.3KPayPal, Mastercard Add 5 EU Countries To Debit Card Offering
PayPal and Mastercard are bringing the PayPal Business Debit Mastercard to more businesses in Europe. The companies said in a Wednesday (Sept....
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1.8KShopify: 2 Employees Took Consumer Data From Merchant Sites
Two Shopify employees stole data from over 100 merchants, possibly exposing data from consumers who shopped on web stores using the company's...
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1.1KSatoshiPay Launches DTransfer For Quick X-Border Payments
According to Blue Star Capital, its investee company SatoshiPay has launched a new B2B payments platform to speed up cross-border payments, Proactive...
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1.1KQuickChek, Paytronix Team On Reward Program
Digital guest experience platform Paytronix helped to implement a new digital rewards program for QuickChek, according to a press release emailed to...
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1.1KTravelBank, U.S. Bank Team On Virtual Cards, Expense Management
TravelBank will work with U.S. Bank in order to integrate the former’s travel and expense management platform with the latter’s U.S. Bank...
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1.1KFTC Reports $145M In COVID-Related Scams Since January
More than 200,000 Americans have lost $145 million linked to the COVID-19 pandemic since the start of the year, the Federal Trade...
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819Chinese Regulator Fines Luckin, 43 Other Companies In Fraud Case
China's top regulator, the State Administration for Market Regulation, has fined coffee chain Luckin Coffee and other firms that helped it inflate...
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1.1KBasware Debuts AI Tool For Accounts Payable Automation
To automate the transformation of machine-readable PDFs to digital invoices, Basware has rolled out SmartPDF AI in the newest expansion of its...
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827Cloud Software Co. Mirakl Raises $300M
Mirakl, the cloud-based eCommerce software company headquartered in Paris, has raised $300 million in its latest funding round, Bloomberg News reported. Led...
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1.0KMesh Payments Rolls Out Cardless B2B Recurring, One-Time Payments
To allow companies to supervise their finances while keeping them safe from payment failures, Mesh Payments has rolled out a cardless payment...
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1.1KLack Of Trade Credit Insurance Hampers US Supply Chains
In another barrier to the American economy’s stop-and-start recovery, insurance administrators, customers and brokers say that trade credit insurance has been significantly...
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1.2KAmazon Launches Prime Day; Walmart Counters
In addition to their joint desire to dominate the whole U.S. paycheck, Amazon and Walmart are trying to dominate October. Several credible...
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1.3KToday In Retail News: Philadelphia Mall Reopens, Ralph Lauren Cuts Workforce
In today’s top retail news, Philadelphia Real Estate Trust reopens its newest property, Ralph Lauren cuts its workforce and Mall of America...
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852Today In Payments: Americans Rush To Download WeChat App; DOJ, State AGs To Meet On Google Antitrust Suit
In today’s top news, U.S. WeChat users are racing to download the app, and the Department of Justice will brief state attorneys...
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1.2KDeutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints
Banks from the United States to Europe are closing bank branches as consumers embrace digital banking amid the pandemic. These are just...
