News

Retail
Today in Retail: One-Stop Shopping for Used Commercial Vehicles; Retail Shoppers Want Normalcy As Pandemic...
March 09, 2022

Today in retail, Stitch Fix is struggling, Sephora becomes the first beauty brand to join the Shipt marketplace and third-party sellers have more options than Amazon for their multichannel sales dreams. Plus, the coupon business is transforming to keep up with the digital shopping era,...

Loyalty & Rewards
IHOP Announces Loyalty Soft Launch as Consumers Seek Out FSR Rewards
March 09, 2022

Where once restaurant brands that offered loyalty programs through their mobile apps were ahead of the pack, today consumers are disappointed when an app does not offer them the ability to be rewarded for their spending. Get the Full Story Complete the form to unlock...

B2B Payments
The Three Barriers to Middle Market Business Payments Innovation
March 09, 2022

Adopting the latest technologies can help firms keep their businesses operating smoothly, improve customer satisfaction and benefit supplier relationships. Still, several key challenges prevent firms from seeing the full benefits digital innovation has to offer. Get the Full Story Complete the form to unlock this...

Faster Payments
FedNow’s Progress on Instant Payments May Weaken Case for Digital Dollar
March 09, 2022

Deciding whether to create a digital dollar was a key part of an executive order President Joe Biden announced Wednesday morning (March 9) to create a uniform national policy on cryptocurrencies and other digital assets. Get the Full Story Complete the form to unlock this...

Investments
Workforce Payments Platform Branch Closes $75M Funding Round
March 09, 2022

Branch, the Minneapolis-based workforce payments platform, has closed on a $75 million Series C funding round, the company announced Wednesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Regulators’ Tough Approach to Bank Mergers May Have a Silver Lining
March 09, 2022

On March 8, the Federal Reserve and the Office of the Comptroller of the Currency (OCC) held a hearing on the US Bancorp-MFUG Union Bank proposed merger. During the hearing, different witnesses raised issues on fair lending, branch closures and even on MFUG’s business in...

Investments
Used Car Trading Platform 2trde Raises $7.7M
March 09, 2022

German B2B used car trading platform 2trde has raised 7 million euros ($7.7 million) in a funding round led by Adevinta Ventures and Aster Capital, Adevinta said in a news release Wednesday (March 9). Get the Full Story Complete the form to unlock this article...

Investments
Telecom MTN Looks for Investors in FinTech Unit
March 09, 2022

South African telecom MTN is looking for minority investors for its FinTech unit after separating it from its traditional business to capitalize on the division’s growth, Bloomberg reported Wednesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

eCommerce
Multichannel Support Gives Third-Party Sellers New Marketplace Avenues
March 09, 2022

Teach someone to fish, and they will soon find other ponds. As millions of third-party sellers birthed on Amazon evolve into multichannel selling, they are doing just that. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...