News

Retail
Easing Supply Chain Woes With Strong Vendor Relationships
September 17, 2021

For direct-to-consumer (D2C) food businesses, any point of friction that inhibits the shopping journey could mean the difference between making and losing the sale. Consequently, consumer-facing eCommerce has evolved leaps and bounds in recent months, with the purchasing process often as easy as just clicking...

Partnerships / Acquisitions
Nextdoor Aims to List on NYSE After Merging with SPAC
September 17, 2021

Nextdoor, Inc. and special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co. II on Friday (Sept. 17) announced plans to list Nextdoor Holdings Inc.’s Class A common stock on the New York Stock Exchange when their proposed business combination transaction is finalized. Get the Full...

B2B Payments
B2B Payments Today: Duplicate Invoices Cause AP Pain; Citizens Debuts Corporate Payments Platform
September 17, 2021

Today in B2B payments, the 33-day wait for cross-border payments and why AP professionals dread duplicate invoices. Plus, Conexiom Platform automates supply chain and AP duties, how AR automation speeds payment processing and Citizens Bank rolls out corporate payments offering. Get the Full Story Complete...

Retail
Today in Retail: Facebook’s New Online Shopping Tools; Amazon Gets Over 1M Job Applicants
September 17, 2021

In today’s top retail news, Facebook is introducing new tools for businesses to connect with consumers, while Amazon says it’s received over 500,000 applications for jobs in the U.S. and over one million applications globally. Also, a menswear resale marketplace received $60 million in funding...

Retail
Today in Restaurant and Grocery Tech: H-E-B Launches Store-in-Store Partnership; Walmart Soars Over Amazon Food...
September 17, 2021

Today in restaurant and grocery tech news, Texas supermarket chain H-E-B announced a partnership with a jewelry store, and ghost kitchen Wing Boss opened its first physical location. Plus, Taco Bell and Pret a Manger both launched subscription services this past week. Get the Full...

Security & Fraud
SushiSwap Crypto Platform Victimized by $3M Hack
September 17, 2021

SushiSwap Chief Technology Officer Joseph Delong said in a Twitter thread Friday (Sept. 17) the community-based decentralized finance (DeFi) company’s Minimal Initial SushiSwap Offering (MISO) platform fell victim to a software supply chain attack, according to an Ars Technica report. Get the Full Story Complete...

B2B Payments
87% of Firms Say AR Automation Speeds Processing, PYMNTS Data Show
September 17, 2021

Although much progress has been made, the fact remains that many businesses still rely on manual accounts receivable (AR) processes. But new data that reflect a growing list of benefits companies say they experience from automating AR show far-reaching positive impacts on firms’ collections processes. Get the Full Story Complete the...

Partnerships / Acquisitions
Priority Technology Holdings Finishes Finxera Acquisition
September 17, 2021

Payments tech firm Priority Technology Holdings, Inc. on Friday (Sept. 17) finalized its acquisition of Banking-as-a-Service platform Finxera Holdings, Inc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Partnerships / Acquisitions
Mental Health Startup BetterUp Expands With Motive, Impraise Acquisitions
September 17, 2021

Mental health and virtual coaching startup BetterUp closed deals for the acquisition of two technology software firms, Motive and Impraise, in a move to further expand its human behavior and growth business. Get the Full Story Complete the form to unlock this article and enjoy...