News

B2B Payments
Today In B2B Payments: Hokodo Optimizes BNPL For B2B eMarketplaces; TIS Enhances Global Business Payment...
June 10, 2021

Today in B2B payments: Hokodo puts BNPL to work for digital B2B marketplaces, and TIS optimizes payments visibility for global corporates. Plus, ActZero discusses small business cybersecurity, SumUp partners with Google Pay and Tipalti streamlines cross-border accounts payable. Get the Full Story Complete the form...

B2B Payments
Toast’s xtraCHEF Takeover Bolsters Eatery AP Spend Management
June 10, 2021

Toast has purchased restaurant management software company xtraCHEF, which equips eateries with tools such as accounts payable (AP) automation in addition to inventory management, according to a Thursday (June 10) announcement. The acquisition comes on the heels of a successful partnership rolled out in June...

Retail
Today In Retail: Faire’s Fundraise Increases Valuation To $7 Billion; Hims & Hers Appoints Miley...
June 10, 2021

In today’s top retail news, Faire has landed $260 million in funding headed up by Sequoia Capital, while Miley Cyrus has become a creative advisor to Hims & Hers. Plus, the National Retail Federation (NRF) revised its yearly forecast for 2021. Get the Full Story...

International
Today In Payments Around The World: Sweden’s Klarna Notches $639 Million; Chinese Grocery Delivery Upstarts...
June 10, 2021

In today’s top payments news around the world, Klarna raised $639 million in equity funding, while two Chinese grocery delivery startups have filed to go public in the United States. Plus, the Basel Committee on Banking Supervision is looking for input on cryptoasset regulation. Get...

B2B Payments
Ivalua Debuts Integrated Supply Search Tools Via Amazon Business
June 10, 2021

Ivalua, which works in cloud spend management solutions, will give employees access to Amazon Business from Ivalua’s platform, a press release said Thursday (June 10). This will help businesses find new supply sources. Get the Full Story Complete the form to unlock this article and...

eCommerce
Netflix Launches Online Shop For Show-Inspired Merchandise
June 10, 2021

Netflix fans can now buy merchandise based on their favorite shows from the streaming platform, according to a company blog post published Thursday (June 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Grocery Roundup: Instacart Beefs Up Delivery As SMBs Struggle To Hire
June 10, 2021

Consumers can now order meat directly from Instacart— no in-store picking necessary. The online grocer has added direct-to-consumer (D2C) online meat shop ButcherBox to its marketplace. The meat seller announced Friday (June 4) that its Instacart storefront would let consumers shop its meat boxes through...

Retail
Mastercard Projects 78 Pct Pop In Back-To-School Apparel Sales
June 10, 2021

U.S. retail sales are anticipated to be up 5.5 percent outside of automotive and gasoline over the important back-to-school shopping season of July 15 to Sept. 6 compared to a similar timeframe in 2020, according to a Thursday (June 10) announcement that cited data from...

Faster Payments
Bank Of America Launches Pay To Card To Advance B2C Payments
June 10, 2021

Bank of America (BoA) is expanding its digital business-to-consumer (B2C) payment offerings with its Pay to Card solution, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...