News

eCommerce
Shopify Invests in Recommendation Platform Crossing Minds
April 21, 2022

Recommendation engine Crossing Minds has secured a strategic investment from eCommerce internet infrastructure platform Shopify that makes the portal available to Shopify merchants looking to leverage individualized recommendations, according to a Thursday (April 21) press release. Get the Full Story Complete the form to unlock this...

B2B Payments
Billtrust’s KeyBank Partnership Now Includes B2B Invoice Delivery
April 21, 2022

B2B automation and integrated payments platform Billtrust has expanded its Business Payment Network (BPN) provider relationship with KeyBank with the addition of B2B invoice delivery on top of capturing payments and processing remittance data through a digital lockbox. Get the Full Story Complete the form...

Investments
Money Automation Startup Flow Your Money Picks Up €3.5M
April 21, 2022

Money automation solutions startup Flow Your Money notched €3.5 million ($3.8 million) in seed funding led by Eleven Ventures, Silicon Canals reported Thursday (April 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Delivery
Kroger Shifts Focus From Third-Party to in-House eCommerce Fulfillment
April 21, 2022

Kroger is taking its digital delivery business into its own hands. 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...

Retail
Retailers Turn to EV Charging Stations for Added Curb Appeal
April 21, 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...

Investments
Funding Circle Founder Raises $30M to Disrupt Payments Giants
April 21, 2022

Funding Circle co-founder Samir Desai secured $30 million from investors to back his new payments startup in a push to disrupt legacy players like Visa and Mastercard, Sky News reported on Wednesday (April 20), citing unnamed sources. Get the Full Story Complete the form to...

Regulation
Citing ‘Cryptoization’ as a Sanctions Threat, IMF Calls for Capital Controls
April 21, 2022

Citing sanction-busting fears that have grown since Russia’s invasion of Ukraine, the International Monetary Fund (IMF) has called for a global crackdown on cryptocurrencies that would bring them into the capital control regimes that govern traditional assets. Get the Full Story Complete the form to...

Retail
Last-Mile Logistics Could Decide Winner in Growing Amazon vs Shopify eComm Rivalry
April 21, 2022

It’s tempting to say that eCommerce is simple — it’s Amazon vs. everyone else. 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...

Retail
Sleep Number Stock Tumbles as Supply Chain Struggles Persist
April 21, 2022

Sleep Number Corp stock was down about 15% in early trading Thursday (April 21) after the company reported several downward trends in its fiscal 2022 first-quarter earnings report Wednesday (April 20), including a 7% decline in net sales to $527 million because of the semiconductor...