News

Retail
Terry Lundgren Says Apparel Market Can Take Some Slight Price Raises
July 18, 2021

According to ex-Macy’s executive Terry Lundgren, the apparel market probably won’t see any issues from rising inflation, CNBC reports. 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...

Artificial Intelligence
AI Makes A Play Into Pranks
July 17, 2021

Here at PYMNTS over the last few years, we’ve had no shortage of things to write about artificial intelligence (AI) and machine learning — and the many wondrous contributions these technologies can make to ensure that our payments and commerce experiences are safer, smoother and...

B2B Payments
Today In B2B Payments: GUUD On FinTech’s Trade Finance Shortcomings; Chase Collaborates To Aid Restaurant...
July 16, 2021

Today in B2B payments, GUUD explores FinTechs’ shortcomings in trade finance and Chase collaborates to support restaurants. Plus, CleverCards discusses virtual cards’ real-time opportunity, Frontline Managed Services acquires an eBilling firm and Stoke introduces support for global payroll. Get the Full Story Complete the form...

Investments
Rent Reporting Startup Esusu Lands $10M In Series A
July 16, 2021

Rent reporting FinTech Esusu landed an investment of $10 million in its Series A round, according to a Friday (July 16) blog post from Co-founders & Co-CEOs Abbey Wemimo and Samir Goel. Get the Full Story Complete the form to unlock this article and enjoy...

News
Today In Payments: Paytm Aiming For $2.2B IPO; Square Eyes Open Developer Platform For Crypto 
July 16, 2021

In today’s top news, Paytm could raise $2.2 billion in its initial public offering (IPO), and Square is working on a new decentralized finance (DeFi) developer platform. Plus, QuickBooks launched a new small and medium-sized business (SMB) card reader for faster payments. Get the Full Story Complete the form to unlock this article...

Retail
Iconic NYC Restaurant Serendipity3 Talks Hacking It In CPG
July 16, 2021

Since the start of the pandemic, many restaurant brands have been finding ways to package their brands into products that can be sold at retail stores. While these restaurants may have been turning to packaged goods as a way to make ends meet, when denied...

IPO
Bukalapak’s $1.5B IPO Tracking To Be Biggest Offering In Indonesia
July 16, 2021

Indonesian eCommerce firm Bukalapak increased the size of its initial public offering (IPO) to $1.5 billion and is on track to be the largest public offering in the country, Reuters reported on Friday (July 16), citing sources. Get the Full Story Complete the form to...

Retail
Today In Retail: JCPenney Introduces Inclusive Kids’ Apparel Line; Dept. Stores, Electronics Head Up Retail...
July 16, 2021

In today’s top retail news, JCPenney has rolled out its new Thereabouts private-label kids’ clothing line, while American shoppers spent more in department stores and less on furniture and cars in June. Plus, the mid-summer competition between the two top retailers is heating up on...

News
The Week In Payments: Facebook Pay Expanding, Apple Eyes BNPL, Netflix Takes On Gaming 
July 16, 2021

It was a big week for big brands in the payments space, with the common theme of getting even bigger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....