News

Retail
The Home Depot’s Comp Sales Surge Amid Rise In Home Improvement Projects
May 18, 2021

The Home Depot reported that comparable sales for the first quarter of fiscal 2021 surged by 31 percent and comparable sales in the U.S. jumped by 29.9 percent from the same period last fiscal year, according to a Tuesday (May 18) announcement. Get the Full...

Investments
Product Protection Firm Extend Unveils $260 Million Series C
May 18, 2021

Extend, which provides extended warranty and product protection plans for merchants and shoppers via application programming interface (API)-first offerings, unveiled a SoftBank Vision Fund 2-led $260 million Series C funding round, according to a Tuesday (May 18) announcement emailed to PYMNTS. Get the Full Story...

Payment Methods
Next-Gen Debit Gaining New Users And Use Cases Through The Pandemic — And After
May 18, 2021

Debit is beloved by the masses, still standing as an original bastion of spend control even as the digital transformation of payments rolls on with shiny new tools and toys. Happily, debit is keeping up with pandemic-era payments trends, and even pulling ahead in some...

B2B Payments
How Bank-FinTech Pairings Benefit FIs, Not Just SMBs
May 18, 2021

When it comes to collaboration between banks and FinTechs, the value proposition is often just as important for the bank as it is for the small business end-user. This week’s look at the latest tie-ups reveals new efforts in small to medium-sized business (SMB) accounting,...

B2B Payments
B2B InsurTech Navigates A Real-Time Payments Future
May 18, 2021

Gone are the days of working with brokers to procure a business insurance policy. 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...

B2B Payments
How X-Border B2B Payments Efficiency Supports ROI On LATAM Expansion
May 18, 2021

While Latin America certainly plays a strategic role for many businesses expanding internationally, it is often not their core market and, as a result, can be a tough sell for investment. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Enterprise Security Requires Back-To-Basics Approach
May 18, 2021

Cybercriminals have in recent years become known for being inventive, technologically sophisticated and well-organized enough to break into systems of all kinds, large and small. For example, half of the United States’s fuel supply was recently frozen, as the pipeline that carried it has been...

Merchant Innovation
Verizon Makes Its Business Case For 5G
May 18, 2021

“We are the connected in the connected economy.” 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...

International
COVID Variants Dampen UK Business Reopenings
May 18, 2021

Almost 1 million people went back to work in the U.K. even as new COVID-19 variants continue to circle, according to the Financial Times (FT) on Monday (May 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...