News

Retail
Gap, American Eagle Begin Offering Logistics Services
September 02, 2022

In an era where supply chain logjams have underlined the value of delivery speed, clothing retailers Gap and American Eagle are banking on their expertise in logistics to drive revenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Faster Payments
Lipis Advisors on Why US Real-Time Payments’ Usage Lags Behind Other Nations
September 02, 2022

Real-time payments’ popularity has soared in the United States since the 2017 introduction of The Clearing House’s RTP® network, which offered businesses and consumers an exponentially faster way to transfer funds than legacy methods such as paper checks, wire transfers and cash. The pandemic gave the...

Retail
Australia Pivots From BNPL to Reinventing Digital Retail Down Under
September 02, 2022

As the land that gave us buy now, pay later (BNPL), it’s hard to picture Australia as a laggard in digital transformation, but merchants and payments partners there still have dots to connect. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Working Capital Still King When Funding Business Needs
September 02, 2022

Working capital, at a high level, represents a firm’s ability to meet short-term obligations — the bills to be paid, the money on hand that’s needed to keep operations humming. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

eCommerce
Shopify Pressures Merchants to Ditch Buy With Prime
September 01, 2022

Shopify does not want its merchants utilizing Amazon’s Buy with Prime, warning that installing it will cut out Shopify’s ability to protect against fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Fraud Prevention FinTech Alloy Nets $52M on $1.55B Valuation
September 01, 2022

Alloy, which works on helping banks and FinTechs with identity decisioning and threat selections with API service and SaaS, has a $1.55 billion valuation now after raising $52 million recently, a report said. Get the Full Story Complete the form to unlock this article and...

eCommerce
Tech Startup Mickey Merges With B2B Marketplace MaterialsXchange to Form Lumber Exchange
September 01, 2022

Mickey, a tech startup digitizing the trading of physical commodities, has joined with B2B eCommerce and digital marketplace MaterialsXchange, which matches lumber buyers and sellers across the U.S. and Canada, a press release said Thursday (Sept. 1). Get the Full Story Complete the form to...

Investments
Fidelity Bank, eco.business Fund Team to Expand Agribusiness Financing in Ghana
September 01, 2022

The eco.business Fund, an impact investor advised by Finance in Motion, has invested in the West African nation of Ghana by extending $15 million to Fidelity Bank, a press release said Wednesday (Aug. 31). Get the Full Story Complete the form to unlock this article...

Delivery
Mars Teams With Instacart to Offer Same-Day Delivery
September 01, 2022

Mars, which makes a wide variety of products, has said its portfolio will be available for same-day delivery through Instacart, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...