News

Investments
BNPL for Biz Platform Vartana Grabs $57M Seed Funding
January 20, 2022

Managed checkout and buy now, pay later (BNPL) platform Vartana kicked off its quest to dominate the market with $57 million in seed funding, including $7 million in equity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Magic Mirror on the Wall, Will Virtual Fitting Rooms Happen After All?
January 20, 2022

Everything old is new again — or at least can be — when market demand and advancing technology meet. Think about the QR code. Think about installment payments, aka BNPL. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
1-800-Flowers.com Announces Valentine’s Day Gifts and Experiences
January 20, 2022

Digital gift marketplace 1-800-Flowers.com is helping Valentine’s Day shoppers find “The Way to Wow” that special someone this year with new floral arrangements, immersive experiences and enhancements to the shopping experience, the company announced Thursday (Jan. 20). Get the Full Story Complete the form to...

B2B Payments
72% of Firms Say AR Automation Reduced Operating Costs
January 20, 2022

Accounts receivable (AR) teams are leveraging technology to meet the demands of today’s remote economy. Automating routine AR processes can be a critical step in addressing remote accounting hurdles as well as the traditional chores within the order-to-cash (O2C) process. Get the Full Story Complete...

Retail
Today in Retail: Zilch Blasted for Promoting BNPL Pizza and Treats; Omnichannel Boosts Physical Retail’s...
January 20, 2022

Today in retail, Visa sees the cloud as the cornerstone of retail’s digital transformation while Beautycounter is getting a new CEO and its founder is taking on a new role with the company. Plus, luxury brands are weathering the storm of a rocky economic recovery....

B2B Payments
Rising Inflation Drives New Demand for Procurement Solutions
January 20, 2022

As inflation continues to rise, companies are seeing cost increases in delivery services, software contracts and other goods and services across the board — and procurement teams find themselves under pressure to source new suppliers or negotiate new terms with the ones they have already....

Delivery
Veriff Collabs With Starship to Drive ID Verification for Autonomous Robot Delivery
January 20, 2022

Global identity verification provider Veriff is partnering with autonomous delivery services provider Starship Technologies to offer identity verification services for autonomous robot delivery, according to a press release on Thursday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Saks Launches Digital Shopping, Styling Service
January 20, 2022

The luxury brand Saks has launched a service called Saks Stylist, a personal stylist and shopping tool available on its website and mobile app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Grocery Roundup: Aldi Drops Deliveroo; Walmart Opens eCommerce Fulfillment Center
January 20, 2022

Deliveroo may be going all-in on grocery, but grocers are not necessarily going all-in on Deliveroo. Essen, Germany-based international discount grocery chain Aldi pulled its 130 United Kingdom stores on the platform from Deliveroo’s marketplace Wednesday (Jan. 19), terminating its deal with the delivery service,...