News

IPO
Nordstrom, Kohl’s and Macy’s Stock up on News of Saks’ Potential IPO
October 18, 2021

Macy’s stock jumped more than 17% Monday (Oct. 18) to $28.24 per share as reports swirled about Saks Fifth Avenue possibly taking its eCommerce arm public at some point, possibly in the first half of next year. Get the Full Story Complete the form to...

eCommerce
Inside Allegro: Five Things to Know About the Leading eCommerce Platform in Poland
October 18, 2021

Amazon, eBay and Chinese platforms dominate the global eCommerce space, but Polish eCommerce firm Allegro has earned its stripes as one of the most popular such platforms in Poland and one of the top eCommerce brands in central Europe. Get the Full Story Complete the...

Delivery
UNFI, DoorDash Team to Offer On-Demand Delivery Services to Independent Merchants
October 18, 2021

United Natural Foods Inc. (UNFI) has signed a reseller agreement with DoorDash to provide on-demand grocery delivery services to independent retailers, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Proposed Bill Requires Ransomware Victims To Disclose Payments To Homeland Security
October 18, 2021

Victims of cyberattacks involving ransomware payments would have to report payouts to the Department of Homeland Security (DHS) under the Ransomware Disclosure Act proposed by Sen. Elizabeth Warren (D-Massachusetts) and Rep. Deborah Ross (D-North Carolina). Get the Full Story Complete the form to unlock this article...

Bitcoin
Bitcoin Daily: Stablecoin X8 Expected to Debut in Early 2022; Crypto Group Says Stablecoins Shouldn’t...
October 18, 2021

Swiss-based FinTech X8 will move forward with plans to issue a new stablecoin in the first quarter of 2022, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Today In Retail: Walmart+ Members Get Holiday Shopping Perk; Digital Saks Reportedly Planning IPO
October 18, 2021

In today’s top retail news, Walmart is spreading its Black Friday deals out again this year and giving Walmart+ members early access, while eCommerce-focused Saks is considering going public as early as next year. Also, consumers are increasingly demanding faster delivery times from online orders,...

B2B Payments
Today in B2B: Expensify Expands SMB Offerings; Data at the Heart of CFO’s Work
October 18, 2021

Today in B2B payments, advertising companies could benefit from digitizing B2B payments, and firms expect better customer satisfaction with increased digitization. Plus, CFOs understand data is playing a critical role in business today as finance solutions spread cross-functionality, and Expensify debuts its Free Plan for...

B2B Payments
40% of Large Firms Expect Digitization of AR/AP Processes to Improve Customer Satisfaction 
October 18, 2021

Not long ago, offering business customers payment method flexibility was something that was largely confined to innovative companies with well-resourced accounting departments.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Partnerships / Acquisitions
Cybersource and EBANX Team Up on Brazil Payments Platform 
October 18, 2021

eCommerce credit card payment platform Cybersource and Brazilian FinTech EBANX announced on Monday (Oct. 18) a collaboration that will streamline payments for customers across Brazil.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...