News

Retail
Chewy Active Members Hit 20M in Q3, Strengthens Pet Platform Focus
December 10, 2021

Online pet supply retailer Chewy, like many companies, is struggling to get product where it needs it in a timely manner as supply chain bottlenecks continue across the world and labor remains difficult to find, elevating costs at a time when the company is trying...

B2B Payments
How B2B Payments Automation Can Help Real Estate Businesses Pay Vendors Quickly and Accurately
December 10, 2021

Legacy real estate industry payments systems create delays and errors that strain relationships with vendors. In the Treasurer’s Guide To AR Payment Optimization, Anthony Nazzaro, executive managing director of real estate consulting firm Atlas Global Advisors, explains how artificial intelligence (AI)-powered payments can improve and...

B2B Payments
FinTechs Offer LATAM SMBs Speedy Access to Credit in Emerging Markets
December 10, 2021

When Tribal Credit saw that many of its customers in Mexico also have entities in Chile, Columbia and Peru, the B2B payments and financing company decided to expand into those countries, as well. Get the Full Story Complete the form to unlock this article and...

Faster Payments
Real-Time Payments Are Coming — But Do We Need Crypto to Deliver It?
December 10, 2021

Twenty years ago, the payments system in the United States was so stable that it was considered the backwater of banking and finance, Rob Hunter, deputy general counsel of The Clearing House (TCH), a banking association and payments company owned by the largest U.S. commercial...

Merchant Innovation
Merchants Find Extended Warranties Build Long-Term Customer Relationships
December 10, 2021

As the weather turns colder across most of the U.S., people are reaching into their closets to pull out winter coats — or perhaps preparing to upgrade to a sleek battery-operated heated jacket to fight Jack Frost. But, as with any cutting-edge technology, consumers may...

Security & Fraud
Supply Chain Fragmentation Heightens Business Payments Fraud Risk
December 10, 2021

Payment fraud is always evolving. What is considered a fraudulent attack today might not have even been possible 5 or 10 years ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
More Central Banks Will Build New Clearing Houses for Real-Time Payments
December 10, 2021

The pandemic has accelerated the growth of real-time payments (RTP), with banks, merchants and consumers seeking ways to send and receive funds domestically as well as across borders quickly and easily. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
EMEA Daily: UK Digital Bank Monzo Snags $500M at $4.5B Valuation; Amazon to Appeal $1.3B...
December 09, 2021

In today’s top Europe, Middle East and Africa news, U.K. digital bank Monzo has snagged $500 million at a $4.5 billion valuation, and Amazon plans its appeal against a $1.3 billion Italy antitrust case. Plus, Danish unicorn Pleo targets EU expansion after nearly tripling valuation,...

B2B Payments
Headless Commerce Company fabric Launches B2B Commerce Platform
December 09, 2021

Headless commerce platform fabric announced Thursday (Dec. 9) it has launched a business-to-business (B2B) platform for distributors, manufacturers and wholesalers selling to small, mid-market and enterprise-scale businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...