News

Retail
Nordstrom, Indochino Partner On 21 Store-In-Store Locations Amid Back-To-Work Surge
June 23, 2021

Luxury department store Nordstrom and men’s custom-fit fashion retailer Indochino said Wednesday (June 23) they are launching nearly two dozen store-in-store locations in a move aimed at boosting sales at both companies at a time of changing taste and demand for back-to-work clothing. Get the...

Retail
Prime Day Shoppers Bought Smaller Items, More Groceries Vs Big-Ticket Binges
June 23, 2021

Shoppers who flocked to Amazon to pick up summer savings walked away with less in their cart on average than in previous years, a potential sign that the earliest Prime Day yet did not cannibalize back-to-school sales happening later this summer. Get the Full Story...

Retail
Perfect Corp. Integrates With Facebook For AR Beauty-Try Ons
June 23, 2021

Beauty technology company Perfect Corp. has integrated with Facebook for the growth of augmented reality (AR) digital beauty try-on and shopping experiences throughout Facebook and Instagram, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Bed Bath & Beyond Rolls Out Wild Sage Brand Amid Private-Label Push
June 23, 2021

Bed Bath & Beyond has launched another owned brand as part of its private-label push. Designed for young adults and “the young at heart,” the Wild Sage label available exclusively at Bed Bath & Beyond, according to a Wednesday (June 23) announcement. Get the Full...

Partnerships / Acquisitions
New Jersey’s Cross River Bank Picks Up Analytics Company PeerIQ
June 23, 2021

CRB Group has acquired PeerIQ, a data and risk analytics company that helps lending institutions analyze, assess and manage risk. CRB, based in Fort Lee, New Jersey, is the parent company of Cross River Bank, a state-chartered community bank. Get the Full Story Complete the...

B2B Payments
How Creating Space For Paper Checks Can Help Push Businesses Toward B2B Payment Digitization
June 23, 2021

Companies are pushing hard to digitize their business-to-business (B2B) payments, but many of their partners still use paper checks. In the inaugural Treasurer’s Guide To AR Payment Optimization, Jim Gifas, head of Treasury and Payment Services for CIT Bank, explains why enabling multiple methods like...

B2B Payments
From Payroll To AP, Commercial Cards Continue An Adoption Push
June 23, 2021

With financial institutions investing in FinTech collaborators that can build out their commercial card offerings, the business credit card is finding new avenues towards adoption. This week’s roundup of the latest innovation reveals initiatives designed to wield the card for payroll, accounts payable and employee...

IPO
Krispy Kreme Seeks $560M IPO At $4B Valuation
June 23, 2021

Krispy Kreme is seeking to raise between $560 million and $640 million at a near $4 billion valuation as it moves forward with its planned initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Mastercard: Digital Identity Aligns Security With Consumer Experience
June 23, 2021

After countless data breaches and hacker attempts on their personal data, consumers are pretty well fed-up with the problem and have taken on a zero-tolerance stance, the recent PYMNTS and NuData Securing eCommerce study said.  The report found that consumers take data theft and fraud...