News

CFPB
CFPB Report Details Failure of Credit Reporting Companies to Probe Disputes
May 02, 2022

The Consumer Financial Protection Bureau (CFPB) released its Supervisory Highlights report Monday (May 2), showing the high amount of wrongful auto repossessions by servicers. 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: US, UK Businesses Unsure Whether X-Border Payment Tech Fights Fraud; India Gets...
May 02, 2022

Today in B2B payments, businesses in the United States and United Kingdom consider cross-border payments technology, while Fingerprint Cards and Transcorp bring a contactless biometric card to India. Plus, education and embedded finance help businesses modernize their B2B payments, digital innovations make B2B buyer-supplier relationships...

Investments
French B2B Growth Platform Reveal Nets $50M to Boost Business Partnerships
May 02, 2022

Reveal, a French firm that works with B2B systems on driving revenue through partnerships between companies, has raised $50 million in a Series A funding round, according to a company blog post from CEO Simon Bouchez. Get the Full Story Complete the form to unlock...

B2B Payments
Veem Adds Enhanced Card Options and Faster ACH
May 02, 2022

Business payment service provider Veem on Monday (May 2) debuted enhanced card options and faster ACH, among other new functionalities, to give small businesses increased flexibility in how they pay and get paid to manage cash flow, according to a company press release. Get the...

B2B Payments
Education, Embedded Finance Lead Modernization Trends in Business Payments
May 02, 2022

Cutting out the paper chase is not enough. 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
Kohl’s Gives Members 50% More on Rewards
May 02, 2022

Kohl’s on Monday (May 2) launched an enhancement to its rewards program that gives card members an elevated rate of 7.5% rewards on each purchase. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Blue Apron Announces $70M in Investments, Refinancing
May 02, 2022

Meal kit service Blue Apron announced Monday (May 2) that it had received a $70.5 million capital infusion in the form of investments and refinancing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Today in Retail: Lego Digital Bricks Takes Playing Well to New Level; Amazon Unveils Pet...
May 02, 2022

Today in retail, Lego debuts digital bricks, while Amazon launches Pet Day to kick off National Pet Month. Plus, G-III Apparel Group completes its acquisition of fashion brand Karl Lagerfeld, and buy now, pay later (BNPL) is shaping consumer buyer behavior. Get the Full Story...

B2B Payments
US, UK Businesses Split Over Fraud-Fighting Ability of Enhanced X-Border Payments Tech
May 02, 2022

Half or more of the U.S. and U.K. businesses that are planning cross-border payments innovations expect them to yield three primary benefits: reduced costs, improved cash management and reduced fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...