News

B2B Payments
Dole Food & Beverages Group Adopts New Supply Chain Solutions To Avert Rising Challenges
August 27, 2021

In a bid to make faster business decisions, improve operations and lower costs, one of the world’s largest fruit products and snack manufacturers said Thursday it was transforming its supply chain management process.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
Sightline Payments Bets On Cashless Casinos For The Future Of Live Gaming
August 27, 2021

When the pandemic hit in March 2020, digital payment and payout options in North America’s corporate and tribal-owned casinos were almost nonexistent. As the scramble to reopen began, Sightline Payments Co-founder and Executive Vice President Omer Sattar started getting the calls he’s been expecting for...

Payment Methods
Automated Underwriting Lowers Merchant Abandonment Rates For ISOs
August 27, 2021

Peter Drucker, the management guru, wrote long ago: “Strategy is a commodity, execution is an art.” 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...

Retail
Gap Tackles ‘Fit Friction’ With Acquisition Of Virtual Try-On Company Drapr
August 26, 2021

Gap Inc. has acquired eCommerce startup Drapr as part of the company’s increasing focus on digital sales, an initiative that helped boost the San Francisco-based apparel retailer to its best second-quarter sales in over a decade. Get the Full Story Complete the form to unlock...

B2B Payments
Sensibill, FreeAgent Partner On Receipt Automation
August 26, 2021

Customer data platform Sensibill is teaming with cloud accounting software provider FreeAgent to help businesses better manage their business expenses like receipts, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Plate IQ Teams With Foodbuy Foodservice On Rebates
August 26, 2021

Food service procurement and supply chain company Foodbuy Foodservice has announced a partnership with hospitality-focused accounts payable (AP) automation and expense management company Plate IQ, according to a Thursday (Aug. 26) press release. Get the Full Story Complete the form to unlock this article and...

Investments
Hiring Platform Workstream Lands $48M In Series B
August 26, 2021

Hiring platform Workstream has raised $48 million in a Series B funding round, the company announced Thursday (Aug. 26) in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Hacker Admits To T-Mobile Data Breach, Targeted Unprotected Router
August 26, 2021

A hacker, taking responsibility for breaking into T-Mobile’s systems, said the job hadn’t been difficult, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
B2B Payments Today: Cannabis Digital Infrastructure Growing; Data Shows SMBs Turn To Digital
August 26, 2021

Today in B2B payments, cannabis digital infrastructure platform Jane Technologies raises $100 million in Series C funding. Plus, data shows Main Street small businesses turned to digital to boost sales and Finexio is enhancing its accounts payable software with $8 million in fundraising. Get the...