News

Retail
Walmart To Focus On Faster Fulfillment, More Features And Greater Assortment
April 23, 2021

Walmart CEO Doug McMillon said the largest U.S. retailer is constantly adjusting to experiences and events and noted that a year of pandemic-related change and challenges confirmed the company’s commitment to its omnichannel strategy. Get the Full Story Complete the form to unlock this article...

Retail
Skechers Cashes In On COVID-Era Walking Trend With Record Q1 Results
April 23, 2021

Footwear and apparel retailer Skechers said its first-quarter sales got a lift from its international sales and the continued consumer embrace of walking and other healthy lifestyle choices that have increased during the pandemic and led people to buy shoes to exercise. Get the Full...

Retail
AMZN vs. WMT Weekly: Top Retailers Try New Ways To Woo Customers
April 23, 2021

With nearly $2 trillion in combined market value and over $800 billion in sales between them, not a week goes by in which Amazon and Walmart aren’t vying to gain the upper hand by launching new ways to meet the ever-changing needs of consumers around...

Payments Innovation
Post-Pandemic, Legacy Payments Strategies Are Now Liabilities
April 23, 2021

Lia Cao, global head of wholesale payments solutions, J.P. Morgan, believes that in the post-pandemic economy, there is no room for legacy payment models. “Business transformation is an inevitability in the upcoming environment, and payments now needs to be in lockstep, every step of the...

Payments Innovation
Payouts Without The Pain
April 23, 2021

Drew Edwards, CEO of Ingo Money, reflects on how 2020 required merchants to offer instant payment options to meet newly customers’ digital demands. In The Connected Economy’s Power Source – CEO Edition, Edwards shares his predictions for how payments transformation will accelerate in the future,...

Faster Payments
Bank Independent On The Predicted Impact Of Real-Time Payment Interoperability
April 23, 2021

Interest in real-time payments adoption is on the rise among small community banks. In this month’s Real-Time Payments Tracker, Kelly Burdette, senior vice president of product and delivery for Bank Independent, explains how real-time payment rail adoption can help community banks compete against regional and...

B2B Payments
Bracing For New Challenges In A World Of B2B Payment Ecosystems
April 23, 2021

Accounts receivable (AR) and accounts payable (AP) have historically been entirely separate functions in the back office. But FinTech innovators are beginning to explore the concept of bridging the gap between these two intrinsically connected workflows. After all: one company’s accounts receivable is another’s accounts...

B2B Payments
The Long-Lasting Effect Of Better Corporate Onboarding
April 23, 2021

Businesses are growing more demanding with their financial service providers, and the moment of onboarding is a critical one in terms of achieving a better customer experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
B2B FinTech Funders Target Employee Spend, Payroll Tools
April 23, 2021

Another busy week brought fresh funding to the B2B FinTech arena, with expense management solution providers standing out from the crowd. But as more firms aim to control how employees spend money, it was a technology startup that focused on how professionals pay those employees...