News

Retail
Nordstrom Drops Trunk Club Subscription Biz for in-Store, Online Style Advisors
May 25, 2022

Nordstrom’s eight-year run with its Trunk Club subscription business is coming to an end as the luxury retailer says it’s taking its customer styling efforts in a different direction, with greater emphasis on in-store and online fashion advice. Get the Full Story Complete the form...

B2B Payments
Economic Uncertainty Boosts Demand for Automation
May 25, 2022

Faced with inflation, rising interest rates and general unease, consumers have been tightening their belts. The markets, to say the least, have been jittery as a result. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

eCommerce
Four Key Ways Online Merchants Can Unlock Consumer Trust
May 25, 2022

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 agree to receive marketing communications from PYMNTS and...

B2B Payments
B2B FinTech FOO Expands Into Saudi Arabia
May 25, 2022

B2B FinTech provider FOO is expanding its operations with a goal of improving digital transformation in Saudi Arabia, according to a press release Tuesday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Travel Startup TripActions Seeks Funding at $9B Valuation
May 24, 2022

TripActions is looking at a new round of funding with a higher value, highlighting the investor interest in travel tech companies as the industry recovers, according to Bloomberg on Tuesday (May 24). Get the Full Story Complete the form to unlock this article and enjoy...

CFPB
CFPB to Push for Consumer Finance Innovation, Competition
May 24, 2022

The Consumer Financial Protection Bureau (CFPB) has opened the Office of Competition and Innovation, to promote more competition and look into stumbling blocks for new marketing entrants, a CFPB press release said Tuesday (May 24). Get the Full Story Complete the form to unlock this...

eCommerce
Adyen Chosen to Integrate Payments for eCommerce Tech Company Radial
May 24, 2022

FinTech platform Adyen will be used by eCommerce company Radial to streamline and consolidate payment offerings in various health, beauty, apparel and luxury brands, a press release said Tuesday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Today in B2B: Splitit Broadens BNPL Partnership with BlueSnap; Customization Will Fuel Online Marketplaces
May 24, 2022

Today in B2B payments, almost two-thirds of B2B companies offer fully digital eCommerce, while virtual cards help with financial inclusion and expense management. Plus, Finexio partners with Banc of California to help middle-market and enterprise customers. Get the Full Story Complete the form to unlock...

Investments
Updata Partners Raises $608M to Top $1.5B in All-Time Funding
May 24, 2022

Growth equity investment firm Updata Partners, which focuses on B2B software companies, on Tuesday (May 24) announced the close of Updata Partners VII, L.P., with capital commitments of more than $608 million. The round marked Updata’s largest fundraising effort to date and brought its all-time...