News

Payment Methods
China Bank Wants Digital Yuan To Dominate Alipay And WeChat Pay
July 26, 2021

The People’s Bank of China wants Ant Group and Tencent Holdings Ltd., which operate payment networks Alipay and WeChat Pay, respectively, to help it develop digital yuan, The Wall Street Journal reported, even as the state-backed digital currency could diminish their viability — or wipe...

Retail
Sephora Advances European Growth Strategy With Acquisition Of Feelunique
July 26, 2021

In a move that provides it with a formidable presence in the British beauty market, Sephora is purchasing digital beauty merchant Feelunique. The deal is anticipated to close in the latter half of 2021. Particulars of the arrangement were not made known, Yahoo Life reported....

Retail
Bed Bath & Beyond Partners With Ryder To Modernize Supply Chain
July 26, 2021

Bed Bath & Beyond Inc. is “modernizing and reinventing its supply chain to significantly improve merchandise replenishment” through a partnership with Ryder System, Inc., according to an announcement on Monday (July 26). Get the Full Story Complete the form to unlock this article and enjoy...

Payments Innovation
Lasting Pandemic Payments Lessons
July 26, 2021

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Drew Edwards, CEO of...

B2B Payments
Corporates Urged To Take An Introspective Look At Supply Chain Risk
July 26, 2021

Corporates Urged To Take An Introspective Look At Supply Chain Risk 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...

B2B Payments
In A Digital Transformation Environment, Procure-To-Pay Tech Reframes Success
July 26, 2021

Digitization has been on the minds of organizations for decades, but the journey can look quite different from one organization to the next. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
The B2B Fraud Lens Focuses In On Invoice Scams
July 26, 2021

Business email compromises (BEC) are among the most common methods of B2B payments fraud and can frequently involve invoice manipulation when a cyber attacker or nefarious actor alters bank information on an invoice to redirect B2B payments into the wrong account. But as this week’s...

Payment Methods
Mastercard Teams With Lloyds Bank For Open Banking API
July 26, 2021

Lloyds Bank is teaming up with Mastercard to launch PayFrom Bank, a solution that gives people the power to make direct payments to merchants from their bank accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Rampant Check Fraud Problem Puts The Challenge In Challenger Banks
July 26, 2021

What is a bank? 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...