News

CFPB
Joint DOJ, CFPB Letter Puts Auto Financiers on Notice About Military Protections
July 29, 2022

Auto finance companies were sent a joint letter from the U.S. Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) alerting them about the additional protections offered to military families under the Servicemembers Civil Relief Act (SCRA).  Get the Full Story Complete the...

eCommerce
Alibaba Gets Closer to U.S. Delisting
July 29, 2022

China’s Alibaba is getting closer to being removed from American stock exchanges in response to Beijing’s refusal to let U.S. inspectors examine the company’s audits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Today in B2B Payments: Stord Launches Commerce Platform for Supply Chain
July 29, 2022

Today in B2B payments, SellersFunding’s B2B BNPL platform boosts SaaS, agency and enterprise vendor partners, while Stord debuts a supply chain commerce platform. Plus, the medical supply industry is entangled by mismatched payments preferences. Get the Full Story Complete the form to unlock this article...

Retail
Walmart Announces Walmart Restored Refurbished Product Program
July 29, 2022

Walmart, on Friday (July 29), launched a refurbished product program, dubbed Walmart Restored, that will sell used products that the company touts as “good as new,” according to a company blog post announcing the initiative by Michael Mosser, general manager of Walmart Marketplace. Get the...

International
EMEA Daily: Meta May Have to Pull Platforms in EU; UK to Investigate 3 Retailers...
July 29, 2022

Meta May Have to Pull Platforms in EU 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 form, you...

Retail
Instacart Brings Limited-Edition Clothing Line to NTWRK Livestream App
July 29, 2022

Instagram is teaming with streetwear fashion designer Anwar Carrots on a limited-edition clothing line available exclusively through the NTWRK livestream shopping app starting at 11:30 a.m. on Aug. 5, according to a company announcement. Get the Full Story Complete the form to unlock this article...

B2B Payments
Buyer Payments Preferences Create Reconciliation Hassles for Medical Suppliers
July 29, 2022

The healthcare industry lags others in payments digitization, especially when it comes to the procurement of bulk medical supplies and equipment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Amazon vs Walmart Weekly: Who Can Deliver the Value Consumers Want and Need?
July 29, 2022

Thirty years ago, in a tightly contested run for the White House, political strategist James Carville characterized the singularity of focus he felt was needed to win the election with the now famous quip, “It’s the economy, stupid.” Get the Full Story Complete the form...

Security & Fraud
Ransomware Fraudsters Pivot as Payments Shrink 
July 29, 2022

Cybercriminals engaged in ransomware-as-a-service (RaaS) have been forced to pivot in how they run their fraudulent operations, as fewer victims coughed up payments this year and law enforcement, regulators and security firms stepped up pressure and tactics.  Get the Full Story Complete the form to...