News

Retail
Athleta Launches Wellness Platform To Grow Brand Loyalty
July 28, 2021

With consumers increasingly focused on health and wellness following a global pandemic, Athleta is launching a new health and wellness platform in a bid to increase loyalty as the athletic wear brand tries to double its value. Get the Full Story Complete the form to...

B2B Payments
Jack Henry Expands Autobooks Alliance With Banno Integration
July 28, 2021

Payments processing services firm Jack Henry & Associates is growing its alliance with Autobooks to integrate payment and invoicing competencies directly within the Banno Digital Platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
On-Demand Insurer Spot Raises $17.5M In Funding
July 28, 2021

Spot, the InsurTech startup providing digital, on-demand injury insurance, on Wednesday (July 28) announced that it has landed $17.5 million in funding, including $15 million in equity and $2.5 million in debt. GreatPoint Ventures led the round, which also saw participation from Montage Ventures, Mutual...

News
Today In Payments: Walmart To License Digital Tech; Visa Payments Volume Up 34 Pct
July 28, 2021

In today’s top news, merchants will now be able to use Walmart’s tech solutions, and Visa’s earnings revealed a rebound in consumer spending. Plus, Apple’s latest earnings report beat expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Card-Issuing Platform Lithic Notches $60M In Funding
July 28, 2021

New York-based financial technology startup Lithic has raised $60 million in funding largely through Stripes, Bloomberg reported on Wednesday (July 28). 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...

B2B Payments
Today In B2B Payments: CFOs Embrace The Gig Lifestyle; SWIFT Debuts Faster X-Border SMB Payments
July 28, 2021

Today in B2B payments: Paro discusses CFOs’ embrace of the gig economy, and SWIFT launches its faster cross-border payments tool for small businesses. Plus, Windward discusses data in trade finance, Nium raises $200 million and Escrowpay launches Invoice2Cash. Get the Full Story Complete the form...

Security & Fraud
FBI To Congress: Banning Ransomware Payouts Could Backfire 
July 28, 2021

Approaches to ransomware payoffs are getting a lot of attention from government agencies, cybersecurity firms and think tanks, but the FBI has now handed down its official recommendation to Congress: Don’t make the payments illegal, CNN reported on Wednesday (July 28). Get the Full Story...

Delivery
Shipt Partnership Gives Delivery Memberships To Apartment Tenants
July 28, 2021

The personal shopper and same-day delivery service Shipt announced on Wednesday (July 28) that it has formed a partnership with the housing developer Continental Properties to provide free Shipt memberships to residents at nearly 60 of Contintental’s properties across the country. Get the Full Story...

Cross-border Payments
Ripple Teams With SBI Remit For On-demand Liquidity In Japan
July 28, 2021

Cryptocurrency and digital payments network Ripple is collaborating with remittance company SBI Remit, as well as Coins.ph, to introduce an on-demand liquidity (ODL) service in Japan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...