News

Retail
The Home Depot Expands Distribution Hub Footprint In Florida
April 16, 2021

The Home Depot has brought three new distribution hubs to the state of Florida, which are located in Miami, West Palm Beach and Fort Myers. Those centers will provide customers in the South Florida area with even more expedient delivery choices, according to an announcement....

Retail
Craft Beer Retailer Craft+Carry Opens Sixth Location In NYC
April 16, 2021

Bottle shop, tap room and craft beer curator Craft+Carry has opened its sixth store, which is located in the Upper West Side of the Manhattan borough of New York City, according to a Friday (April 16) announcement. Get the Full Story Complete the form to...

Payments Innovation
Firms Using Payments Orchestration In 2021 Conducting Business At Speed And Scale
April 16, 2021

Without rehashing the COVID calamity yet again, suffice to say it’s bad for most — but not all. 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...

B2B Payments
A Quiet VC Week Eyes B2B Payments, SMB Banking Funding
April 16, 2021

This week’s B2B FinTech venture capital roundup is dominated by smaller funding rounds totaling less than $100 million in collective fundraising. While it was a relatively quiet week, investors showed interest in FinTechs focused on elevating B2B payment and small- to medium-sized business (SMB) banking...

B2B Payments
Heeding The Corporates’ Call For A Better X-Border Experience
April 16, 2021

Advancements in consumer payment technologies are often the inspiration for innovations in corporate payment tools. While businesses and consumers have different needs when it comes to payment services, at their core, end users often want the same things: simplicity and transparency. Get the Full Story...

B2B Payments
Short-Term SMB Funding, Done Digitally And Down Under 
April 16, 2021

In the land down under, faster payment rails and faster funding can help smaller firms manage cash flow more efficiently and capitalize on their growth prospects. There’s a need for that ability to tap into funding on an as-needed, just-in-time basis. Data cited by Banjo...

Investments
Massachusetts May Revoke Robinhood’s Broker-Dealer Registration
April 16, 2021

Regulators in Massachusetts are taking steps to pull Robinhood’s broker-dealer license, alleging that the digital trading app lures inexperienced investors and puts their money at risk, Reuters reported. Robinhood responded to the charge with a lawsuit accusing the Commonwealth officials of being “elitist.” Get the...

Security & Fraud
Banking Security Needs Upgrade for API Era
April 16, 2021

Established financial services firms have not typically led the charge when it comes to the adoption of new technology. But as they go digital, and as mobile banking becomes more firmly entrenched, banks and financial institutions (FIs) must apply that digital acceleration mindset to their...

Delivery
Former Delivery Hero Exec Founds Jokr For Hyperlocal Delivery
April 15, 2021

German entrepreneur Ralf Wenzel has launched a new global rapid delivery platform aimed at delivering a range of products from warehouses within 15 minutes of the order being placed through its app, Reuters wrote on Thursday (April 15) Get the Full Story Complete the form...