News

Retail
Mastercard: September Retail Sales Growth Led by Apparel, Jewelry
October 06, 2021

Total U.S. retail sales have increased year over year every month since September 2020, while consumer spending continues to recover as the holiday season approaches, according to the latest edition of Mastercard SpendingPulse released on Wednesday (Oct. 6). Mastercard SpendingPulse measures in-store and online retail...

Retail
Walmart GoLocal Signs Home Depot as First Retail Client
October 06, 2021

The Home Depot has signed a deal with Walmart to utilize the box store giant’s GoLocal service for same-day or next-day delivery on many of its home improvement products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Digital Banking
New Digital Banking App Provider Ranking Shows Who’s Boss — and Who’s Tossed
October 06, 2021

We meet regularly in this space to sort out the rising and falling of digital banking apps, because it’s important to global commerce — and besides, it’s our job. We like getting paid. Get the Full Story Complete the form to unlock this article and...

B2B Payments
‘Corporates Don’t Want To Be Bankers’ Warn Payments Experts, CFOs on B2B Payments Transformation Efforts
October 06, 2021

If payments can be aspirational, then B2B transactions could, should and will look like consumer transactions done online. 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...

Payment Methods
As Digital Business Payments Become the Norm, New Use Cases Emerge
October 06, 2021

Whether it’s a finance team separated from the physical office mail and corporate checkbook, or legions of remote workers seeking purchase authorizations or expense reimbursements, the shortcomings of paper-based payments and processes have been laid bare over the last 18 months. Get the Full Story...

B2B Payments
Touchless AP, Sales Order Firm Conexiom Nets $130M
October 05, 2021

Software-as-a-service (SaaS) provider Conexiom, which works in sales order and invoice automation, has received a $130 million growth investment from Warburg Pincus, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Natural Shoemaker Allbirds Backtracks on Sustainable Claims Before IPO
October 05, 2021

Allbirds, which calls itself an ethical shoemaker, had pledged to launch a “sustainable initial public offering.” Now, the company has gone back on some of its commitments, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy...

Bitcoin
Bitcoin Daily: BoA Says Crypto, NFTs ‘Too Large to Ignore’; Tanzania’s Central Bank Backs Crypto...
October 05, 2021

Bank of America (BoA) has published a report saying cryptocurrency and nonfungible tokens (NFTs) are likely here to stay, Cointelegraph reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Gen Z Fashion Retailer Pacsun Now Accepts Crypto
October 05, 2021

Youth fashion retailer Pacsun will accept bitcoin and other cryptocurrencies using 10-year-old blockchain payment provider BitPay, according to a Tuesday (Oct. 5) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...