News

Retail
Home Depot, Macy’s, Walmart Push Omnichannel Integration of in-Store and Online Retail
February 23, 2022

Simply put, the past three months have not been pretty for many of the nation’s major retailers, with the S&P Retail Industry Index (XRT) falling nearly 30% since its mid-November peak. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Target to Test Curbside Returns, Starbucks Orders
February 23, 2022

Target will begin giving customers the option of adding a Starbucks order or making a return while using the retailer’s contactless curbside service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Digital Banking
UK Digital Bank Zopa Introduces Hybrid Savings
February 23, 2022

Digital bank Zopa is introducing a hybrid savings account with multiple stash “pots” and the opportunity for boosted interest rates based on length of deposit time and withdrawal notice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
German Virtual Bank Penta Aims for $500M Valuation
February 23, 2022

German digital business banking platform Penta is speaking with potential investors as it seeks a valuation of between $453 million and $567 million (400 million to 500 million euros). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

eCommerce
eCommerce Platform BigCommerce, Digital River Team on All-in-One Cross Border Commerce Solution
February 23, 2022

Open Software-as-a-Service (SaaS) eCommerce platform BigCommerce has announced its integration with Digital River, which works in global commerce, to offer mid-market to enterprise merchants with a commerce solution, according to a Wednesday (Feb. 23) press release. Get the Full Story Complete the form to unlock...

B2B Payments
Sea Change in Sourcing Drives Demand to Browse and Buy New Products on B2B Platforms
February 23, 2022

Product discovery platforms came to the forefront in early 2020 with the start of the pandemic and the cancellation of trade shows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Berlin FinTech Monite Raises $5M for its B2B Finance Management Platform
February 22, 2022

Monite, an automated finance management platform from Berlin, has raised $5 million in a funding round, according to a Tuesday (Feb. 22) Silicon Canals report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
African FinTech Lipa Payments Expands Digital Payment Offerings
February 22, 2022

South African FinTech company Lipa Payments is bringing its Tap to Pay offering to Africa’s so-called informal sectors through its software platform, which allows merchants to accept contactless payments from a mobile phone, according to a TechEconomy.ng report Monday (Feb. 21). Get the Full Story...

International
EMEA Daily: Regulator Could Order Meta to Stop EU-US Data Transfers; Russian Finance Ministry Proposes...
February 22, 2022

In today’s top Europe, Middle East and Africa news, Meta is facing an order to suspend data transfers to the United States by the European Union, while Russia’s Ministry of Finance has released a cryptocurrency draft law. Get the Full Story Complete the form to...