News

B2B Payments
Businesses Rethink Supplier Relationships as Global Disruptions Continue
August 25, 2022

eCommerce firms clearly are looking to expand their businesses across borders in a turbulent world. Geopolitical tensions, including the ongoing war in Ukraine, create supply chain disruptions. Ongoing supply chain constraints because of demand exceeding supply are stubbornly persistent even as business hedges its bets...

Digital Banking
BofA to Expand Digital Banking Tools to Meet Growing Customer Demand
August 25, 2022

After seeing a record number of consumers logging into digital channels during the month of July and the second quarter, Bank of America is planning to boost its spending on technology to further expand its electronic banking tools.  Get the Full Story Complete the form...

Regulation
FCC to Investigate Mobile Carrier Data Sharing
August 25, 2022

The head of the Federal Communications Commission has called for an investigation into whether U.S. mobile carriers are complying with FCC geolocation data regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Bill.com’s 13% Rally Fails to Stop FinTech IPO Index’s Continued Slide
August 25, 2022

The FinTech IPO Index slipped 6.3% through the week, which cuts its monthly gain from double-digit percentage points to a current 5.6%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Abercrombie & Fitch: Inflation Impacts Some Brands More Than Others
August 25, 2022

Inflation and other economic pressures are affecting brands in different ways, even when they belong to the same corporate parent.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Digital Marketplaces Tackle 3,000 Years of Agribusiness Inertia
August 25, 2022

For more than 3,000 years, the agriculture industry has been doing business manually. It started with stone tablets and still clings to last millennium’s paper documentation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Nationwide Selects Moneyhub for Savings Account Sweeping
August 25, 2022

The U.K.’s Nationwide Building Society announced Thursday (Aug. 25) that it is deploying the open finance platform Moneyhub, giving customers the ability to open a savings account and fund it straight away. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Transformation of Victoria’s Secret Hindered By Slow Consumer Spending
August 25, 2022

Victoria’s Secret is still trying to find footing with its brand transformation, but the company said Wednesday (Aug. 24) in earnings materials released along with a conference call that some of its financial results have been within the expected range as it continues with this...

Retail
Will New Perks at Walmart+ Boost Non-Grocery Buying?
August 25, 2022

As Amazon Prime subscribers ready for the globally anticipated premier of “The Lord of the Rings: The Rings of Power,” series, Walmart+ members now have the Paramount+ vault as a benefit, with properties like “Star Trek” and “Frasier.” It’s a cinematic example of the arms...