News

Retail
Today In Retail: Department Stores See New Model; Ulta Beauty Plays Offense In Recovering Industry
August 26, 2021

In today’s top retail news, an increasing number of retail partnerships are paving the way for a potential new way of doing business, including the collaboration between Ulta Beauty and Target that is continuing to roll out. Also, Ace Hardware is planning a new distribution...

International
Today In Payments Around The World: Chinese Regulatory Crackdown Keeps Growing, Facebook Nears Novi Launch
August 26, 2021

Today in payments around the world: Facebook’s launch of its Novi cryptocurrency wallet could include NFT capabilities, and European flights began to rebound. Plus, there’s no end in sight to China’s regulatory crackdown, and Airwallex comes to the U.S. Get the Full Story Complete the...

Fintech Investments
US Bank Now Limited Partner in 2 FinTech VCs
August 26, 2021

Five years ago, U.S. Bank created a dedicated FinTech unit designed to find emerging companies that can help the bank improve its customers’ digital and mobile experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Visa, AMF, Partner For Faster Cross-Border Payments
August 26, 2021

The Arab Monetary Fund (AMF) and Visa have signed a memorandum of understanding to enhance cross-border payments. 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...

B2B Payments
B2B FinTech HUBUC Teams With Transact Payments To Issue Credit, Debit Cards
August 26, 2021

Embedded financial services platform HUBUC, a Software-as-a-Service B2B company, announced on Thursday (Aug. 26) that it has joined forces with Transact Payments to offer physical credit and debit cards to business clients across the U.K. and European Economic Area (EEA) markets. Get the Full Story...

Retail
Grocery Roundup: In The UK, Labor Shortage Compromises Christmas Dinner
August 26, 2021

Good news for Ebenezer Scrooge and only Ebenezer Scrooge: Christmas in the United Kingdom is under threat. At least, its food supply is. Major grocery executives are warning that the truck driver shortage could threaten the availability of popular Christmas products. Get the Full Story...

Retail
Porsche Extends Online Sales Tool To Include New Vehicle Inventory
August 26, 2021

Gone are the days of trekking to the car dealership to pick out a Porsche sports car. The German auto manufacturer on Thursday (Aug. 26) announced the expansion of its online eCommerce platform, Porsche Finder, to include new inventory from all 193 dealerships in the...

Digital Banking
Today In Digital Banking: Finicity Automates Loan Software, Bill Pay Builds Loyalty And Lyft Focuses...
August 26, 2021

Today in digital banking, seamless bill-paying breeds customer loyalty, Finicity automates loan origination and Lyft looks to meet drivers’ payment needs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Flinks Gets $103M Jolt From National Bank of Canada 
August 26, 2021

National Bank of Canada announced Wednesday (Aug. 25) it has invested $103 million in Montreal-based FinTech platform Flinks, including $30 million the company plans to use to expand its reach across North America after a successful launch in the U.S.  Get the Full Story Complete...