News

B2B Payments
Firms With Manual AP Processing Miss Out on Early Payment Discounts 
November 14, 2022

The cost of maintaining the status quo just went up.  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...

eCommerce
thredUP Hits Headwinds as Apparel Oversupply Dresses Down Resale
November 14, 2022

Apparel resale marketplace thredUP reported a difficult third quarter as apparel overstocks and endless discounting chipped away its value-priced advantage. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Indian FinTech Lentra Nets $60M on $400M Valuation
November 14, 2022

India-based lending software provider Lentra has raised $60 million in a Series B funding round and said it will use the new capital to expand into international markets, make acquisitions and enhance its products.  Get the Full Story Complete the form to unlock this article...

Retail
RetailNext Acquires UK Foot Traffic and In-Store Analytics Firm
November 14, 2022

California-based brick-and-mortar analytics firm RetailNext said it has acquired U.K. rival Retail Performance from market research company Ipsos, in a bid to boost its foot-traffic-monitoring platform in Europe and Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Fed Vice Chair Brainard: Crypto Needs ‘Strong Regulatory Guardrails’
November 14, 2022

Noting the losses that retail investors have suffered in the cryptocurrency market, Federal Reserve Vice Chair Lael Brainard has reportedly reiterated her view that the market should be regulated like traditional finance, with “strong regulatory guardrails.”  Get the Full Story Complete the form to unlock...

eCommerce
LianLian Partnership With European FinTechs Boosts eCommerce Financing Offering
November 14, 2022

Cross-border payment service provider LianLian Global is teaming up with three European FinTechs to boost financing options for eCommerce merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Regulation
Report: DOJ Investigates FTX Collapse and Handling of Customer Funds
November 14, 2022

The U.S. Attorney’s Office for the Southern District of New York is reportedly investigating the collapse of cryptocurrency exchange FTX as well as the firm’s handling of its customers’ funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

eCommerce
American Express Taps TikTok To Reach Gen Z Shoppers
November 14, 2022

American Express has teamed with TikTok for the “#ShopSmall Accelerator,” a program designed to help small businesses reach Gen Z shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
Sainsbury’s Taps Checkout.com for Mobile Checkout
November 14, 2022

British retail giant Sainsbury’s is partnering with FinTech Checkout.com to bring till-free payments to its stores. 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,...