News

B2B Payments
CFOs: Lack of In-House Expertise Hinders Attempts to Digitize
May 11, 2022

Many companies continue to depend on legacy business-to-business (B2B) payments infrastructure that adds untenable costs and frictions to the process.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Kohl’s Shareholders Ignore Activist Investor, Retain Board
May 11, 2022

Kohl’s shareholders have rejected a bid by an activist investor to remove 10 members of the retailer’s board of directors as the company prepares for a possible sale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Egyptian eCommerce Startup Mylerz Raises $9.6M
May 11, 2022

Egyptian eCommerce fulfillment startup Mylerz is looking to expand following a $9.6 million in a growth funding round. 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...

B2B Payments
Nordic AP Automation Platform Palette Software Rebrands as Rillion for US Debut
May 11, 2022

Global Software-as-a-Service (SaaS) solutions provider Rillion has rebranded from its original name, Palette Software, amid its United States debut, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Bitstack Secures $1M to Advance Bitcoin Savings
May 11, 2022

Bitcoin savings account app Bitstack raised 1 million euros ($1.05 million) in a funding round led by Founders Future, according to a press release on Wednesday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Western Union, Tiendas Neto, Team to Offer Cross-Border Transfers
May 11, 2022

Western Union has teamed up with Mexican grocer Tiendas Neto to offer cross-border money transfer services at more than 1,300 of the supermarket chain’s stores, according to a Wednesday (May 11) press release. Get the Full Story Complete the form to unlock this article and...

Delivery
Rapid Food Delivery Businesses Pick up Advertising Side Hustle to Make Ends Meet
May 11, 2022

Ultrafast grocery startup Jokr is looking to supplement its delivery business with a new venture — an advertising platform. 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...

eCommerce
Sellers Use Online Marketplaces as Launching Pad to Gain Mindshare, Wallet Share
May 11, 2022

Don’t put all your eggs in one basket. Diversify — yes, it’s good investment advice. 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,...

Retail
TikTok, Foursquare Partner to Garner In-Store Visit Data
May 11, 2022

TikTok and Foursquare are partnering on an effort to help sellers and advertisers gather more data about in-store visits across the U.S. and Canada through the integration of Foursquare Attribution, the company’s measurement product, according to a TikTok blog post on Monday (May 9). Get...