News

Banking
Today in FinTech: Grasshopper Bank Leaps Forward; FinTech Weavr Aims for Simplicity; CaixaBank Talks Ethics,...
March 03, 2022

In today’s FinTech news, digital business bank Grasshopper has lined up a new executive team as it launches innovative products and shifts its focus to startups and SMBs, and London FinTech startup Weavr talks to PYMNTS about its alternative to complicated backend technology. Meanwhile, at...

International
EMEA Daily: Russian Companies Scramble to Open Chinese Bank Accounts; Report: VTB Could Close in...
March 03, 2022

In today’s top Europe, Middle East and Africa news, as the hammer comes down on Russians banking in the West, companies are scrambling to open accounts in China, while German regulators prepare to close the European arm of VTB, Russia’s the second-largest bank. Get the...

B2B Payments
Today in B2B: Digital Payment Adoption Aids Business Growth; FIs Want More Virtual Cards for...
March 03, 2022

Today in B2B payments, SMBs are still struggling to get their customers to pay on time, and B2B marketplace Solv expands into Kenya. Plus, companies want more help buying and managing Software-as-a-Service (SaaS) applications. Get the Full Story Complete the form to unlock this article...

Retail
Brands Expect Hit to Bottom Lines as They Respond to Ukraine Invasion
March 03, 2022

Just as the omicron variant of the coronavirus was starting to ease — and supply chain woes with it — Russia invaded Ukraine, triggering new fears of a different kind of retail disruption extending into 2022. Get the Full Story Complete the form to unlock...

B2B Payments
Wayfair Partners With Capital One for Wayfair Pro Credit Offerings
March 03, 2022

Online furniture retailer Wayfair’s business program, Wayfair Professional, has partnered with Capital One on a credit program for its Wayfair Professional members, according to a joint press release Thursday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

eCommerce
B2B Marketplace Solv Expanding to Kenya
March 03, 2022

Financial services firm Standard Chartered is expanding its business-to-business (B2B) marketplace Solv, launched in India two years ago, into Kenya’s eCommerce space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Grocery Roundup: Target Leverages F&B to Drive Loyalty; Grocers Invest in First-Party Fulfillment
March 03, 2022

Target is leveraging its eCommerce strength in grocery to drive the business’s overall growth. On a call with analysts Tuesday (March 1) discussing the retailer’s fourth-quarter and full-year 2021 earnings, Target executives highlighted the central role that this category has come to occupy. Get the...

International
Report: EU Considers SWIFT Ban for Belarus Banks
March 03, 2022

Days after several Russian banks were reportedly barred from SWIFT, the international messaging system used to process payments, the European Union is considering adding banks in Belarus to the forbidden list, Reuters reported Thursday (March 3). Get the Full Story Complete the form to unlock...

Retail
Auto Parts Stores Add Digital Tools as More Cars Return to the Road
March 03, 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...