News

B2B Payments
Companies Move to Digitize Procurement Processes
April 22, 2022

Chief financial officers (CFOs) and other financial professionals are examining how automating their supply chains could help break down some of their organizations’ cash flow barriers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Today in B2B: Retailo Acquires DXBUY eCommerce Platform; Tencent Invests in UK Business Payments FinTech...
April 22, 2022

Today in B2B payments, Retailo buy eCommerce platform DXBUY, while Tencent invests in payments FinTech Previse. Plus, businesses need to adopt specialized spend management plans for their decentralized workforces, Tofino Capital launches a $10 million fund for B2B startups, and TransferMate now sponsors Haas Formula...

Retail
Today in Retail: Kimberly-Clark Expects Higher Sales; Walmart to Strengthen Local Business Ties
April 22, 2022

Today in retail, Kimberly-Clark predicts higher sales this year despite raising prices, while Walmart continues to strengthen its ties with local businesses. Plus, Home Depot Chief Information Officer Matt Carey shifts into the role of executive vice president of customer experience, and artificial intelligence (AI)-powered...

Security & Fraud
Nevada Man Charged in 20-Count Fraudulent Check Indictment
April 22, 2022

A Las Vegas grand jury on Wednesday (April 20) indicted Michael Zeto, 76, of Las Vegas on 20 counts of using fraudulent checks to steal money from victims’ bank accounts, charging him with wire fraud, bank fraud and aggravated identity theft, according to a U.S....

Payments Innovation
This Week In Payments: Netflix and BofA Face Vastly Different Customer Shifts
April 22, 2022

With earnings reports and new surveys from PYMNTS, this week saw lots of numbers in the news. They showed that there’s room for growth in the global digital transformation, that digital banking is overtaking paper checks, and that consumers are practicing some spend management when...

Retail
AI-Powered Resale Baby Gear Marketplace Rebelstork Makes US Debut
April 22, 2022

Overstock, open box and used baby clothing company Rebelstork has expanded into the U.S., according to a Friday (April 22) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payments Innovation
Earth Day 2022: Payments and Products Are Getting Cleaner and Greener
April 22, 2022

Started in 1970 as the environmental movement got organized, Earth Day is now more than a symbolic celebration, as environmental, social and governance (ESG) issues factor more and more into the financial decisions of tens of millions of Americans. Get the Full Story Complete the...

International
EU Nails Down Content Rules of Digital Services Act
April 22, 2022

The final details of the European Union’s Digital Services Act (DSA) regarding content are being nailed down and could be decided as early as Friday (April 22). They are expected to go into effect in 2024. The proposed legislation could end up costing tech firms...

Investments
Smart Kitchen Platform Fresco Announces $20M Fundraise as Consumers Seek Connected Convenience
April 22, 2022

The initial outbreak of the pandemic saw two conflicting patterns emerge when it comes to how consumers get their food needs met. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...