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B2B Payments
Today in B2B Payments: Supply Chain Snarls Ease; B2B ACH Volume Rises 12.3% in Q2
August 05, 2022

Today in B2B payments, global supply chains report less strain in July than at any point since January 2021, while NACHA says B2B automated clearing house (ACH) volume rose 12.3% year over year in the second quarter. Plus, Telio aims to grow its B2B eCommerce...

Banking
Open Banking Weekly: Europe Makes Strides in Open Payments
August 05, 2022

This week in Europe, London-based open finance platforms Yapily and Ecospend rolled out new initiatives to drive open payment adoption in the U.K., and Germany’s Airbank teamed up with Klarna Kosma to secure access to account information from 15,000 banks in 26 countries. Get the...

B2B Payments
Vietnamese Startup Telio Aims to Raise $50M to $60M for B2B Platform
August 05, 2022

Vietnamese startup Telio aims to raise $50 million to $60 million in the latest funding round for its business-to-business eCommerce platform, Nikkei Asia reported Friday (Aug. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Amazon vs Walmart Weekly: Delivery Takes Center Stage in Omnichannel Retail Fight
August 05, 2022

The week started with a simple blog post from Amazon. 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...

Retail
Qurate Retail Plans Turnaround Amid 16% Revenue Drop
August 05, 2022

Video commerce giant and QVC owner Qurate Retail Inc. is implementing a turnaround plan amid across-the-board declines in revenue, the company reported Friday (Aug. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
Indian Firm CredAble Raises $9M to Grow Working Capital Financing Platform
August 05, 2022

Indian working capital solution provider CredAble has raised $9 million via an equity infusion from Indian bank Axis Bank and CredAble’s existing investor OAKS Asset Management, APN News reported Friday (Aug. 5).  Get the Full Story Complete the form to unlock this article and enjoy...

Retail
DraftKings Sees 30% Rise in Monthly Payers
August 05, 2022

DraftKings saw double-digit increases in monthly payers and revenue in the second quarter of this year, the sports wagering platform said in a Friday (Aug. 5) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Retailers Walk Fine Line Over How Much Payment Choice to Offer
August 05, 2022

The conventional wisdom of online commerce is that payments should be invisible, and merchants should offer their shoppers as many payment options as possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Pomelo Pay CEO: B2C Payments Have Raised the Bar for B2B
August 05, 2022

Today, consumers demand a convenient and hassle-free checkout experience, whether online or in-store. 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....