News

Retail
David’s Bridal Loyalty Program Tops 500K Amidst Rebound In Weddings
July 15, 2021

When David’s Bridal started its inaugural loyalty program in December, it was the end of a tough year for the wedding industry. Countless brides had to downsize or postpone their nuptials because of COVID-19, and some retailers were left wondering when the market would return....

Retail
thredUP, LG Aim To Help Consumers Clean Out Their Closets With Collab
July 15, 2021

Apparel resale platform thredUP will fuel a clothing clean out program on behalf of LG home appliances by way of thredUP’s Resale-as-a-Service (RaaS), according to a Thursday (July 15) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Collaborators Boost Payment Rails’ Cross-Border Capabilities
July 15, 2021

To accelerate and streamline cross-border payments, creating new global infrastructure from scratch isn’t always the most feasible option. This week’s Payment Rail Innovators look to strengthen the rails that do exist, including ACH and Swift, through enhanced onboarding, security, and industry collaboration. Get the Full...

B2B Payments
Fuel Cards Gas Up For The Future of Fleet Payments
July 15, 2021

Fleet payments are headed toward a futuristic upgrade thanks to the rise of electric vehicles, autonomous self-driving vehicles, and even the beginnings of contactless payment technology that turns the vehicle into the payment mechanism itself. Get the Full Story Complete the form to unlock this...

B2B Payments
Aiding CFOs’ Journey To Embrace The Payment Rail Mix
July 15, 2021

Chief financial officers (CFOs) are waking up to the importance of electronic B2B payments, but deciding to ditch the paper check is only part of the battle. What comes next can be a challenging and confusing process of understanding which electronic payment methods to adopt,...

Investments
India’s Anti-Monopoly Watchdog OKs SoftBank Investment In Food Delivery App Swiggy
July 15, 2021

SoftBank‘s Vision Fund II will now be able to invest in Swiggy, the food delivery app, after being approved by the Indian anti-monopoly watchdog, a report from Economic Times says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Fintech Investments
Revolut Raises $800M At $33B Valuation Led by SoftBank
July 15, 2021

British FinTech Revolut hit a $33 billion valuation following an $800 million funding round led by SoftBank and Tiger Global, Reuters reported on Thursday (July 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
Report: APIs Reduce Compliance Frictions For Cross-Border Merchants
July 15, 2021

The international eCommerce space has flourished since March 2020. Consumers around the globe have been shifting to shopping and transacting online, giving eTailers all-new opportunities to expand into fresh markets to meet their growing demand for digital commerce experiences. Get the Full Story Complete the...

International
Why The UK Can’t ‘Rest On Its Laurels’ When It Comes To Advancing FinTech
July 15, 2021

Halfway through the year 2021, the European FinTech segment is very much on fire. Investors poured $5.3 billion into London-based FinTech firms in the first half of the year — more than 2.5 times the amount invested in any other European city, leading New York and trailing...