News

CFPB
CFPB, CMS Crack Down on Illegal Nursing Home Debt Collections
September 08, 2022

Family and friends signing admission agreements with residential nursing care facilities cannot be held liable for unpaid debts associated with a patient’s stay, according to laws in place that forbid the practice. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Bond Debuts Commercial Charge Card Deployment Tool
September 08, 2022

Catering to companies’ growing need for on-demand virtual cards, embedded finance platform Bond Financial Technologies has launched a white-label, no-code commercial charge card solution for B2B SaaS platform providers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Slow Real-Time Payments Adoption in US Holds Back B2B Commerce
September 08, 2022

The “Real-Time Payments Tracker,” a collaboration between PYMNTS and The Clearing House, found that B2B buyers and sellers have a lot to gain from an instant payments rail — and a lot to lose if the United States doesn’t catch up to the rest of...

B2B Payments
Construction Industry Platform Briq Buys Swipez to Add AR Automation
September 08, 2022

Construction industry-focused financial automation platform Briq has expanded its capabilities by acquiring India-based FinTech Swipez. 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,...

eCommerce
Misfits Market’s Imperfect Foods Deal Latest in eGrocery Consolidation
September 08, 2022

From merchants to tech providers, the online grocery space is beginning to take shape, with mergers and acquisitions (M&A) winnowing some of the smaller players and reshaping the competitive landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Standard Chartered Tests Duplicate Finance Detection Tool
September 08, 2022

Financial services company Standard Chartered has completed what it called an industry-first test of the trade financing validation service from MonetaGo over the SWIFT payments system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Old-Fashioned Layaway Plans Find New Niche at Conn’s
September 08, 2022

With Depression-era roots dating back nearly 100 years, followed by decades of dormancy due to the rise of credit cards, and then, most recently, being eclipsed by the emergence of BNPL, the lowly layaway plan has largely been left behind in the world of consumer...

Retail
DSW Parent Grows by Adding Own Brands to Retail Offering
September 08, 2022

The company best known for its retail stores called DSW Designer Shoe Warehouse has reportedly been growing its margins by also producing goods and selling them through other retailers as well as its own brick-and-mortar and online stores. Get the Full Story Complete the form...

Retail
American Eagle Reports Technology Bright Spot During Slow Quarter
September 08, 2022

New technologies designed to enhance the retail shopping experience have been delivering successful results at American Eagle Outfitters (AEO), which otherwise had flat revenue results during the second quarter, executives said Wednesday (Sept. 7) during the company’s quarterly earnings call. Get the Full Story Complete...