News

Digital Banking
Extreme Makeover: Six in 10 Credit Unions Adding Digital Options to Branches
September 01, 2021

Not unlike the “all of the above” answer on a multiple-choice test, when it comes to credit unions (CUs) deciding between investing in new digital tools or spending to keep branches well-staffed, the answer is increasingly both. Get the Full Story Complete the form to...

Investments
Amazon Third-Party Seller Heroes Rakes in $200M for eCommerce Growth
September 01, 2021

U.K.-based eCommerce platform Heroes on Wednesday (Sept. 1) announced it raised $200 million through a funding round led by investment firm Crayhill Capital Management. The money will be used to fuel Heroes’ growth and help it to acquire and build consumer brands around the world,...

B2B Payments
Trellis Energy Launches Agora, a Natural Gas Industry SaaS B2B Marketplace 
September 01, 2021

Energy industry software provider Trellis Energy on Wednesday (Sept. 1) announced the rollout of Trellis Agora, a Software-as-a-Service (SaaS) B2B marketplace for the natural gas market.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
New Study: Consumers Would Rather Tap Their Cards Than Wave Their Wallets
September 01, 2021

As more cardholders use contactless technology, new PYMNTS data show that fewer are using mobile wallets. The reason given by most consumers is convenience. 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...

Retail
Walmart Leverages Digital Ordering Boom with 25-Brand Ghost Kitchens
September 01, 2021

Walmart is delving further into the ghost kitchen space, opening a location with up to 25 restaurant brands in Rochester, N.Y. Ghost Kitchen Brands announced Wednesday (Sept. 1) that it is expanding its partnership with the retailer, which has until this point only featured locations...

Partnerships / Acquisitions
TurboTax Maker Intuit Could Acquire MailChimp for $10B+
September 01, 2021

Intuit, the company that makes QuickBooks and TurboTax, is in talks to purchase MailChimp, the email marketing platform, in a deal that could be worth over $10 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Retailers Turn to Clothing Rental as Consumer Acquisition Tactic
September 01, 2021

When looking for apparel online, it can often be difficult to discern how a piece of clothing might look or fit — or even if you might want it for longer than a single night out. Some retailers, such as Walmart, Gap and others, have...

Retail
VR Experiences Help ‘Captivate and Keep’ Consumers at Retail Locations
September 01, 2021

With online shopping ubiquitous and delivery options getting faster, it may be hard for some consumers to justify going to a crowded store or shopping mall. According to PYMNTS’ Connected Economy Research, 92 percent of consumers have placed an online order for a product or...

Digital Banking
Revolut’s US Credit Card Strategy Puts NeoBank Up Against New Challengers 
September 01, 2021

In its bid to make more inroads into the United States and to differentiate itself from its digital banking peers, the U.K.’s Revolut is setting out to offer credit across the pond. Get the Full Story Complete the form to unlock this article and enjoy...