News

Investments
Italy’s BNPL Unicorn Scalapay Secures $27M From Poste Italiane
May 03, 2022

Buy now, pay later (BNPL) startup Scalapay has secured $27 million in a Series B extension from Italy’s postal service Poste Italiane. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
May 4 Interchange Fee Hearing: The 5 Things You Need to Know
May 03, 2022

On Wednesday, May 4, the U.S. Senate Committee on the Judiciary will hold a hearing on “Excessive Swipe Fees and Barriers to Competition in the Credit and Debit Card Systems,” where representatives from Visa, Mastercard, retailers and consumer advocacy groups will likely discuss the benefits...

Faster Payments
What is a Money Mobility Network?
May 03, 2022

A Money Mobility network connects accounts, payment methods and third-party platforms to make the flow of money more secure, efficient and intuitive for account holders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
Platforms Offer Playbook for SMBs to Forge Digital Relationships with Consumers
May 03, 2022

In business the deeper the pockets, the greater competitive firepower. 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...

Retail
Retail Tech Company Clerk Announces $30M Series B as Grocers eCommerce-ify Stores
May 03, 2022

As grocers look to apply the learnings of eCommerce to the in-store experience, companies that offer the ability to blend the physical and the digital to drive conversion have a major opportunity. Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
Fast Payments Key to Modernizing Vehicle Shipping Industry 
May 03, 2022

As car dealers sell more vehicles online and have them delivered directly to customers, consumers’ expectations are driving changes in the business of shipping vehicles.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
UK Retail Jobs Alliance Embrace Shift from Shops Tax to Online Sales Tax
May 03, 2022

U.K. retail firms Tesco, J Sainsbury, Greggs and Waterstones, among others, have formed the Retail Jobs Alliance, a coalition that will push to eliminate the so-called Shops Tax, a business rate that has cut into retailers’ overheads for decades, and possibly replace it with an...

Retail
Macy’s Accelerating Small-Store Rollout
May 03, 2022

Macy’s Inc is fast-tracking the opening of its smaller department store footprint, expecting that retail outposts with fewer products and more digital services in areas where customers run daily errands will attract more shoppers, according to a Tuesday (May 3) report in The Wall Street...

Payment Methods
Worldline, Myra, Team Up to Provide Better Hospitality Payments
May 03, 2022

European payments services company Worldline is working with Myra, a maker of self-check-in technology, to develop a payment solution for the hospitality sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...