News

Biometrics
CLEAR S-1 Shows Biometrics’ Pivot Beyond The Travel Industry
June 08, 2021

Biometrics are poised to make the leap beyond airports, and to act as a passport to any number of environments where crowds gather in the post-COVID reopening. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Women’s Apparel Brand J.Jill Sees D2C Net Sales Surge
June 08, 2021

J.Jill, an omnichannel retailer and women’s apparel brand, reported that its direct-to-consumer (D2C) net sales soared by approximately 33 percent over 2020 for the first quarter concluding on May 1, 2021, according to a Tuesday (June 8) announcement. Get the Full Story Complete the form...

Retail
Gap-Yeezy Deal Reaps Instant Traffic Surge For 50-Year-Old Retailer
June 08, 2021

Eleven months after Gap announced its 10-year product partnership with Kanye West and his Yeezy brand, the 50-year-old casual apparel retailer is seeing something it never has before: frenzied consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Chico’s FAS Sales Rise Amid ‘Tremendous Progress’ In Turnaround
June 08, 2021

Fashion retailer Chico’s FAS, whose stable of brands includes Soma, WHBM and Chico’s, reported that total company first-quarter sales increased by approximately 38 percent, according to a Tuesday (June 8) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Stitch Fix CEO: We Are Purpose-Built For Apparel Retail’s Digital Pivot
June 08, 2021

Ten years and 50 million “fixes” later, the founder of online styling service Stitch Fix says new clients and expanded product offerings will see the company’s best days ahead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
PYMNTS Brighterion Playbook: Banks And FIs Rethinking AI Use, Prioritizing People Over Profits
June 08, 2021

Not that long ago banks and financial institutions (FIs) made technology investments that typically put the company’s interests first and its customers’ second (or third). With the pandemic fog of war now lifting, FIs are revisiting and reordering these past priorities. Get the Full Story...

Banking
Deep Dive: How Offering Real-Time Payments Can Help Merchants Meet Mobile-First Customers’ Needs
June 08, 2021

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 communications from PYMNTS and...

B2B Payments
Finding The Win-Win In B2B Trade Credit
June 08, 2021

The practice of B2B suppliers selling to their customers on credit is as old as trade itself, but it is not without its shortcomings. With some sectors like the apparel industry pressing for longer payment terms, vendors are forced to work out how to stay...

B2B Payments
Bank-FinTech Tie-Ups Target Businesses’ Working Capital Management
June 08, 2021

With smaller banks embracing the FinTech collaboration model, financial institutions (FIs) are looking toward new partners to enhance the business banking experience. This week’s roundup of the latest teammates finds a focus on working capital improvement for businesses, from trade finance to commercial cards. Get...