News

Investments
Amex Ventures Invests in InsurTech Firm Trellis
May 18, 2022

Trellis, which is working to change how businesses and consumers engage with insurance, has received an investment from Amex Ventures, according to a Wednesday (May 18) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

eCommerce
Precoro Works With Amazon Business on Streamlined Shopping
May 18, 2022

In collaboration with Amazon Business, procurement software firm Precoro has debuted a new integration to simplify the buying experience using Amazon’s Punch-in integration, according to a Wednesday (May 18) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Today in B2B: Apis Invests in DT One; Adflex Adds Click to Pay in Mastercard...
May 18, 2022

Today in B2B payments, Apis invests in DT One, while Adflex expands its partnership with Mastercard. Plus, Quark.ai debuts an autonomous B2B eCommerce support platform, and half of the B2B invoices sent in the U.S. become overdue before they’re paid. Get the Full Story Complete...

Investments
Today in FinTech: Bamba Snags $3.2M; Block Shifts Focus to Blockchain
May 18, 2022

In today’s FinTech news, Block, formerly known as Square, wants people to stop thinking of them as a payments-only company and will now be emphasizing its music streaming and cryptocurrency divisions. Plus, gamblers using Hard Rock Sportsbook can now move money back and forth in...

Delivery
Former Disney CEO Bob Iger Joins Gopuff as Adviser After Investment
May 18, 2022

Former Disney CEO Bob Iger has invested in delivery startup Gopuff and will join the company as an adviser, according to a Reuters report Wednesday (May 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

eCommerce
Grocers’ Digital Shoppers Seek out Physical Touch Points
May 18, 2022

Consumers may be looking for options to purchase groceries online, but PYMTNS data reveal that even digital shoppers want physical points of contact to interact with their merchants in the real world. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Financial Crime Fighter Napier Adds 2 Execs
May 18, 2022

Financial crime compliance technology specialist Napier announced Wednesday (May 18) that it has added two new hires to its growing team in North America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Today in Retail: Shoe Carnival Plans to Open 10 New Stores This Year; TJX Expands...
May 18, 2022

Today in retail, chilly spring temperatures lead to mixed earnings results for Lowe’s, while Walmart is hosting Walmart+ Weekend to boost its subscription platform’s loyalty. Plus, Target expects its customers and their desire to spend to turn things around after a quarterly letdown, The Container...

Retail
Target Transforms Stores to Meet eGrocery Demand
May 18, 2022

With the rise of online grocery, brick-and-mortar retailers are challenged to rethink their operations with an eye toward meeting this digital demand. Target, for one, is making modifications to its stores to enable more efficient online grocery order fulfillment. Get the Full Story Complete the...