News

Retail
Dollar General Struggles to Capture Bargain-Hungry Shoppers to Close FY21
March 17, 2022

Bargain hunters found other alternatives to get the products they needed at reasonable prices to close out 2021, as Dollar General’s same-store sales dropped 1.4% in the three-month period ending Jan. 28 and dipped 2.8% in the full fiscal year, according to a Thursday (March...

Investments
Quincy Jones Backs HIFI Eight-Figure Funding Round
March 17, 2022

HIFI, the New York-based financial rights company for the music industry, has completed a strategic funding round backed by investors, managers and Quincy Jones, Music Business World reported Wednesday (March 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Today in B2B: Sokowatch Rebrands as Wasoko as it Expands Across Africa; VertoFX Adds 12...
March 17, 2022

Today in B2B payments, almost half of firms are automating their accounts payable processes as digital solutions provide business-changing information. Plus, meal delivery service Factor launches the Factors for Teams B2B program and SaaS startup Clear adds supply chain technology platform Xpedize. Get the Full...

Retail
Williams-Sonoma ‘Reimagining Stores’ as Omnichannel Shoppers Spend 4x More
March 17, 2022

After a two-year, 250% jump in its stock price and a year of record sales, kitchen and home furnishing retailer Williams-Sonoma says it is moving to reimagine its digital businesses, which already accounts for 70% of its sales. Get the Full Story Complete the form...

Banking
PNC Bank on the Challenges of Client Onboarding in a Remote Business World
March 17, 2022

FIs face the daunting task of offering smooth, remote onboarding processes for commercial clients, but advanced technology can help. In the Next-Gen Commercial Banking Tracker, PNC Bank’s Lane Levengood explains how FIs can harness AI and process automation to improve the process.

B2B Payments
Ordoro: Why Implementing Embedded Finance Can Bring Swift Funding to eCommerce Merchants
March 17, 2022

Merchants must keep online orders moving and consumers satisfied as eCommerce sales continue to rise. In the Embedded Finance Tracker, Ordoro CEO and Co-founder Jagath Narayan explains how embedded finance bolsters access to swift funding and prevents supply chain hiccups for digital businesses.

Regulation
UK´s Online Safety Bill Comes With Possible Jail Time for Violators
March 17, 2022

The U.K. government will unveil on Thursday its long-awaited Online Safety Bill, which seeks to curb online harms by significantly increasing the responsibilities of Big Tech firms to monitor content posted on their platforms.  Get the Full Story Complete the form to unlock this article...

Investments
Hoxton Debuts $215M Fund for European Startups
March 17, 2022

Hoxton Ventures announced Thursday (March 17) that it closed a $215 million fund to help Europe’s new startups scale up, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

eCommerce
Bolt CEO: Commerce Identity, Checkout Operating System Makes One-Click Checkout Ubiquitous
March 17, 2022

Right up there with the dream of single sign-on for all is universal one-click checkout, updated for the digital first shopper who wants that experience to follow them wherever they shop. It’s a logical evolution in user experience that connects the consumer to commerce at...