News

Retail
As Sales Grow, Tractor Supply, Visa Try to Woo Constrained Consumers
October 20, 2022

Rural lifestyle retailer Tractor Supply Co. said it will introduce a Visa credit card in the coming weeks in an effort to help customers feeling the pinch of inflation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Dan-O’s Rides ‘Rocket Ship’ From Flea Market to Walmart in 5 Years
October 20, 2022

When Dan Oliver says “Yum yum, get ya some” these days it makes a big splash. 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...

Retail
Hermes to Boost Prices Amid Continued Luxury Resilience
October 20, 2022

Luxury brand Hermes said it plans to raise prices next year, after reporting what it called “very good sales momentum” Thursday (Oct. 20) and continued buying power among affluent consumers in the face of rampant inflation. Get the Full Story Complete the form to unlock...

Retail
Amazon Ramps Lawsuits Against Fake Review Sites
October 20, 2022

Amazon has filed a host of legal challenges — including one criminal complaint — in its ongoing effort to stop fake review brokers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Banyan Raises $43M to Grow Its SKU Data Network
October 20, 2022

Stock keeping unit (SKU)-level receipt data infrastructure startup Banyan raised $43 million to scale its technology and infrastructure to advance its network that enables retailers, banks and FinTechs to leverage item-level enriched data capabilities. Get the Full Story Complete the form to unlock this article...

B2B Payments
Digital Payments Pave the Way for Drivers Who Haul Asphalt by the Truckload
October 20, 2022

There maybe only one driver, but it takes a lot of people to move an 80,000-pound truck loaded with concrete, scrap metal and other materials from a producer to a construction site — and a lot of information too —  90% of which is being transmitted...

B2B Payments
The Rise of the Digital Workplace — on Wheels
October 19, 2022

As fleet operators aim to gain the many benefits of transitioning to connected vehicles, nearly half of the vehicles in corporate fleets are expected to be connected vehicles by 2025. That’s a substantial gain from today when one-third of companies with fleets report that only...

B2B Payments
Today in B2B Payments: Firms Team to Serve B2B Commerce, Hotels, X-Border Payments
October 19, 2022

Today in B2B payments, Oracle works with J.P. Morgan and FedEx to automate B2B commerce, Paysafe and HotelKey partner to streamline hotels’ transactions, and Visa and Thunes team up on cross-border payments. Plus, MaxAB raises $40 million, while Moneff acquires StormPay. Get the Full Story...

Banking
Brazilian Digital Bank C6 Opening First Physical Branches
October 19, 2022

Brazilian digital bank C6 is preparing to open its first brick-and-mortar operations in a bid to attract wealthier clients. 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...