News

Retail
Under Armour Beats Q2 Expectations Despite eCommerce Drop
August 03, 2021

Under Armour reported on Tuesday (Aug. 3) a better-than-expected 91 percent increase in year-to-year revenue to $1.4 billion for the three-month period ending June 30 despite an 18 percent fall in eCommerce sales in the quarter. Get the Full Story Complete the form to unlock...

Retail
Clorox Q2 Sales Down 9 Pct As Shipments, Consumer Purchases Slow
August 03, 2021

The Clorox Company reported a 9 percent overall drop in year-to-year sales for the fourth quarter of fiscal 2021, ending June 30, pointing to slow shipments and a decrease in consumer spending as they worked through their pandemic stockpile of cleaning supplies. Get the Full...

Banking
Deep Dive: Why Opening The Door For Data Aggregation, Digital Privacy Is Key To Pushing...
August 03, 2021

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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Retail
BigCommerce Taps Sezzle As Preferred Provider Amid Rising BNPL Demand
August 03, 2021

With Square preparing to acquire Afterpay for $29 billion, the buy now, pay later (BNPL) space is hotter than ever. The Square-Afterpay deal will see Afterpay integrated into both the Seller and Cash apps to offer BNPL services to a much wider range of merchants...

B2B Payments
West Africa’s Telco Infrastructure Lays The Groundwork For B2B Payments Modernization
August 03, 2021

Infrastructure underpinned by technology is critical to modernizing the payments landscape of any market. 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 newsletter, PYMNTS...

B2B Payments
Investors, Innovators Flex Their Open Banking Muscles
August 03, 2021

Open banking continues to fuel the collaborative efforts of banks, credit unions (CUs), FinTechs and other innovators. This week’s deep dive into the space finds Canada widening the scope of open banking initiatives, and investors preparing to accelerate funding for new ways to apply open...

B2B Payments
Preparing B2B Services Firms For The Future Of Embedded Finance
August 03, 2021

The U.S. may be in the midst of a Great Resignation, but all across the globe, professionals are seeking more efficient, digital-first ways of switching employers and getting matched with the right company. Get the Full Story Complete the form to unlock this article and...

Payment Methods
Mastercard Moves To Eliminate ‘Fiat Burden’ And Compliance Worries From Crypto Cards
August 03, 2021

To get crypto cards into the hands of the masses, to get them spending in commercial and retail use cases … well, the cards have to be issued first. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
Low Cost, Real Time Cross Border Payments Set Sights On Credit Card-Linked Transfers
August 03, 2021

The stage is set for a new era of cross-border payments to take hold that will not only be more streamlined and faster than existing methods but cheaper too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...