News

Retail
Today in Retail: Hasbro Reports $100M of Unfulfilled Orders; Amazon Launches Local Pickup for Sellers
October 26, 2021

In today’s top retail news, Rhode Island-based Hasbro said $100 million of products were ordered but undelivered in the third quarter, while UPS is focusing on expanding its volume of eCommerce packages from small and medium-sized business. Also, Amazon is allowing third-party sellers on its...

Faster Payments
Citi Offers Digital Bill Payment Through RTP Network
October 26, 2021

Citi’s Treasury and Trade Solutions (TTS) division has begun to allow digital bill payment through the RTP network, The Clearing House’s (TCH) real-time payment network, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
62% of Firms That Automated Accounts Receivable Report DSO Improvement
October 26, 2021

Managing accounts receivable (AR) struggles in a remote working environment is not without its challenges, as many companies have learned during the pandemic, but automation has helped companies blunt the impact and keep their cash flow steady. Get the Full Story Complete the form to unlock this...

B2B Payments
UAE’s Mashreq, Visa Collaborate on Corporate Expense Platform
October 26, 2021

The United Arab Emirates’ Mashreq Bank is working with Visa on a digital reconciliation platform that can track, trace and analyze company expense accounts, The FinTech Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Meal Delivery Service RealEats Wraps $16M Series A
October 26, 2021

RealEats has just raised some real money. The meal delivery service announced on Tuesday (Oct. 26) that it had concluded a $16.3 million Series A funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loyalty & Rewards
Gearing up to Go Public, Sweetgreen’s Aggressive Digital Efforts May Be Misdirected
October 26, 2021

Sweetgreen may be making major investments in digitizing its restaurants, but for a restaurant chain so focused on technology, it has made some odd choices when it comes to one of the most significant digital drivers of revenue: loyalty rewards. Get the Full Story Complete...

eCommerce
GameStop Opens NFT, Web3 Opportunities 
October 26, 2021

GameStop, the world’s largest video game retailer, appears ready to take on the ever-evolving internet as it seeks to fill a number of positions for its non-fungible token (NFT) platform and Web3 gaming, according to a Tuesday (Oct. 26) report from Business Insider.   Get the...

Biometrics
Lebanese Bank to Test Biometric Payment Cards
October 26, 2021

Credit Libanais, a Lebanese bank, will test a biometric payment card that will enable users to authorize contact-free payments by scanning their thumbprint, according to a Monday (Oct. 25) report from NFCW. The cards will be based on Zwipe’s Pay One technology. Get the Full...

eCommerce
GXO and Saks Debut D2C eCommerce Platform 
October 26, 2021

GXO Logistics, Inc. and Saks on Tuesday (Oct. 26) announced the GXO eFulfillment center in Middletown, Pennsylvania, has begun shipping Saks’ luxury fashion apparel and goods directly to customers across the U.S. through shared space distribution network GXO Direct.  Get the Full Story Complete the...