News

eCommerce
Video eCommerce Platform Immerss Brings Services to Shopify Merchants
October 05, 2021

Live video eCommerce and chat platform Immerss announced Tuesday (Oct. 5) the rollout of its Immerss Shop Live app in the Shopify App Store, which will let Shopify merchants create in-person virtual shopping experiences. Get the Full Story Complete the form to unlock this article...

Retail
Rent the Runway Sees Subscribers Rebound From Pandemic’s Depths 
October 05, 2021

The subscription economy is en vogue. 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 newsletter, PYMNTS Today. By completing this form, you agree to...

B2B Payments
Compared to Modern APIs, Legacy EDIs Seen as ‘Irrelevant’ and Slowing B2B Transactions
October 05, 2021

As the world has become more digital and commerce has increasingly moved online, the decades-old electronic data interchange (EDI) technology has garnered a sullied reputation, especially with more direct-to-consumer (D2C) brands looking to sell products through enterprise retailers. Get the Full Story Complete the form...

B2B Payments
Scanco, CoreChain Team on B2B Automation
October 05, 2021

Scanco Software, which works in warehouse, manufacturing and supply chain management solutions for Sage, has partnered with digital B2B payments network CoreChain Technologies to streamline the B2B payments process, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to...

Security & Fraud
Robot vs. Robot: PayPal Taps AI/ML in Battle Against Fraudsters, Chargebacks and Passwords
October 05, 2021

Artificial intelligence (AI) and machine learning (ML) are helping merchants and online platforms get smarter about detecting risk. 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...

B2B Payments
Visa: Consumerization of Business Payments Starts With Collaborative Commerce
October 05, 2021

Within B2B payments – marked by paper checks, PDF invoices and an ongoing scourge of late payments – there’s no lack of imagination in mulling what commercial transactions could be. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
Regions Bank to Buy Financial Services Firm Sabal
October 04, 2021

Regions Bank will buy Sabal Capital Partners, a financial services firm, to boost its lending capacity in the small-balance commercial real estate market, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Mexico’s B2B Cash-Flow Manager Higo Nets $23M
October 04, 2021

Higo, a Mexican B2B company, has raised $23 million in a Series A round, CB Insights reported. The company plans to use the capital to boost its workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Koffie Labs Expands Trucking Innovation to Georgia, Pennsylvania
October 04, 2021

InsurTech Koffie Labs, which works in innovating the trucking and transportation markets, has expanded to Georgia and Pennsylvania and has announced two new distribution partners in Cooper Insurance and Associates and Fleet Risk Management/Assured Partners of GA, according to a press release. Get the Full...