News

B2B Payments
85% of CFOs Report Rising Credit Card Use and Lock Box Use for Digital Payments
February 14, 2022

Enterprises looking to simplify and streamline payments flows are adopting digital technologies to make that goal. 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...

Investments
South African API Startup Stitch Raises $21M Series A Round
February 14, 2022

South African API infrastructure startup Stitch raised $21 million in a Series A funding round to help accelerate the expansion of Africa’s rapidly growing FinTech sector, according to a press release. The company raised $6 million in a seed round last year after coming out...

Retail
Jana Partners Cuts Stake in Macy’s by 84%
February 14, 2022

Activist investment firm Jana Partners reduced its stake in Macy’s by 84% in the final months of last year, soon after imploring the retailer to separate its eCommerce operations from its brick-and-mortar business. Get the Full Story Complete the form to unlock this article and...

Payment Methods
Discover Bringing Pay-By-Bank Payment Option to US
February 14, 2022

Discover Financial Services is partnering with Buy It Mobility Networks Inc. (BIM) to allow U.S. merchants to offer their customers the option to pay for their purchases from their bank accounts without a credit or debit card, according to a report Monday (Feb. 14) from...

Delivery
Argentine Energy Firm AXION Launches Fuel Deliveries
February 14, 2022

Argentina’s AXION Energy has launched what it says is the country’s first fuel delivery service for clients outside of service stations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Valentine’s Day 2022 Set to Be a $24B Lovefest Despite Price and Product Issues
February 14, 2022

Saying “I love you” on Valentine’s Day 2022 is opening hearts and wallets a bit more as everything from flowers to candy to a romantic restaurant is premium priced this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
Digital Banking App Provider Ranking Is a Competitive Blur of Innovators
February 14, 2022

Digital bank much? Looking at PYMNTS latest Provider Ranking of Digital Banking Apps, one can certainly conclude that interest in these powerful apps is rising like mad. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loyalty & Rewards
Data Reveal Economic Anxieties Pose a Loyalty Opportunity for Restaurants and Grocers
February 14, 2022

The share of consumers taking it month by month financially is on the rise, and this increase in economic anxieties could have an impact on how they get their food needs met. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Brands Migrate to Seamless Super App Loyalty Programs That Work Everywhere
February 14, 2022

At a time when consumers are hungry for super apps that consolidate the digital clutter from dozens of different retailers and banks on their devices, brands are also looking to find a simpler way to streamline the loyalty and rewards experience. Get the Full Story...