News

International
Russian Companies Scramble to Open Chinese Bank Accounts
March 03, 2022

Russian companies are scrambling to open accounts with a Chinese state bank in Moscow as a way to escape international sanctions imposed following Russia’s invasion of Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
After 7-Month ‘Brand Transformation,’ Victoria’s Secret 2.0 Is Almost Unrecognizable
March 03, 2022

The slender supermodel calendar girls are gone. The imposing, fortress-like mall stores are steadily vanishing. And the racy collection of skimpy satin and lace lingerie has undergone an extreme makeover to suit the needs of a larger and more casual mainstream. Get the Full Story...

Delivery
‘Micro-Fulfillment’ Model Brings Same-Hour Delivery to Pharmacies
March 03, 2022

Estimates for the number of U.S. prescriptions dispensed in 2021 hover around 4.4 billion. 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...

B2B Payments
Mobile B2B Payments Combine Consumer-Grade CX With Industrial-Strength Security
March 03, 2022

When eCommerce accelerated during the pandemic, merchants suddenly found they were acquiring more and more customers online — and they didn’t know them as well as their in-store customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
Product Development Automation, Collaboration Boost Payments Innovation
March 03, 2022

In a 24/7 world of digital commerce that spans the globe, payments velocity — and the velocity of innovation itself — is critical. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Digital Banking
Weavr CEO: Banking as a Service Solutions Create Complexity, Cost for Online Businesses
March 03, 2022

Banking application programming interfaces (APIs) are becoming more and more common on the market as more and more banks look to APIs to help digitize their services and collaborate with FinTech firms. Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Virtual Debit Cards Top List of FI B2B Payments Priorities
March 03, 2022

The achievement gap for financial institutions (FIs) seeking to solve their clients’ business-to-business (B2B) payments frictions is glaring.  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...

Security & Fraud
Senate Unanimously Approves Cybersecurity Legislation
March 02, 2022

The U.S. Senate has approved new cybersecurity legislation that will make it so infrastructure organizations have to report cyberattacks within 72 hours and ransomware payments within one day, ZDNet reported Wednesday (March 2). Get the Full Story Complete the form to unlock this article and...

International
New Zealand Starts B2G eInvoicing Program
March 02, 2022

New Zealand is making strides toward mandatory eInvoicing services, according to an Open Gov report Wednesday (March 2). 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...