News

Banking
BMO Teams With FISPAN to Simplify Business Banking
November 17, 2022

BMO has joined forces with FISPAN to offer the bank’s business clients direct access to everyday banking from their enterprise resource planning (ERP) or accounting system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Loyalty & Rewards
Kroger Says Grocery Price Anxiety Threatens Digital Adoption
November 17, 2022

With food prices up 15% from last year, grocers need to work harder to secure consumers’ digital engagement, new insights show, as signs of another inflation-related behavioral shift begin to emerge. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
November 17, 2022

Drawing on a 40-year purview as a Macy’s employee that began as a trainee in 1983 and has seen him in the role of chairman and CEO for the past six, Jeff Gennette has seen more than his shares of ups and downs atop one...

Retail
Kohl’s Says Middle Class and Discretionary Items Struggle with Inflation
November 17, 2022

 With its focus on discretionary products and middle-income consumers, Kohl’s has been hard hit by the current macroeconomic trends, the retailer said Thursday (Nov. 17) during its quarterly earnings call.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Bath & Body Works Credits ‘Newness’ for Q3 Performance
November 17, 2022

Bath and Body Works said a focus on “innovation and newness” helped the personal care and fragrance retailer end its most recent quarter on a strong note. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
Qatar World Cup Boosts Ride-Hailing, Food Delivery Demand Across MENA
November 17, 2022

Ahead of the World Cup opening ceremony on Sunday (Nov. 20), soccer fans from around the globe have been arriving in Qatar, giving an economic boost to the country’s tourism and hospitality sector. Get the Full Story Complete the form to unlock this article and...

Banking
How Technology Is Increasingly Humanizing Digital Banks
November 17, 2022

By some accounts, the omnichannel bank of the future has digital roots that trace back 20 years or more, Michael Haney, head of digital core at Technisys, told PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
B2B Platform Solv Kenya and Cellulant Offer Payment and Collection Services
November 16, 2022

Pan-African payments provider Cellulant and B2B digital platform Solv Kenya have partnered to enable small to medium-sized businesses (SMBs) to reconcile, receive and view all their payments in one place and while on the go.  Get the Full Story Complete the form to unlock this...

Retail
Happy Returns Offers New Revenue Stream to Shopify Merchants
November 16, 2022

As retailers look to limit returns during the holiday shopping season, PayPal-owned Happy Returns has debuted a new returns-based revenue stream for Shopify merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...