News

Retail
Ross Stores Plans 60 New Store Openings In 2021
March 08, 2021

Off-price retailer Ross Stores opened three dd’s DISCOUNTS® and four Ross Dress for Less® retail locations throughout five states in March and February. The new stores are part of the Dublin, California-based company’s intentions to bring roughly 60 new retail locations — 20 dd’s DISCOUNTS...

Payments Innovation
New Study: Credit Unions And FinTechs Square Off Over Touchless Payments
March 08, 2021

“Don’t touch that!” No other parental admonition from our childhoods is as relevant to 21st-century payments as a universally-recognized “hands-off” warning. Only this time, it’s not about your brother’s hockey gear, your sister’s makeup or even Dad’s sacred toy railroad collection. Get the Full Story...

B2B Payments
How SMBs Can Fund Growth Through Inventory Finance
March 08, 2021

Cash is king, they say, and working capital is critical in seeing firms through the pandemic – and beyond. And while PPP and government packages are helping, they’re not long-term fixes that provide that financial lifeline that’s so often needed. Get the Full Story Complete...

B2B Payments
Late Payment Challenges Show Need For Supply Chain Solutions
March 08, 2021

Firms such as Greensill provide supply chain finance, which if used correctly can be a tool to combat late B2B payments. But amid Greensill’s apparent unraveling, the question must be asked whether something specific to the business has caused the pressure and troubles, or whether...

B2B Payments
B2B’s Digital Shift Realigns Structured, Unstructured Data
March 08, 2021

Knowledge is power, the saying goes. 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...

Payments Innovation
Digital Intermediaries Threaten The Payments Status Quo
March 08, 2021

March 19 will mark the one-year anniversary of the U.S. lockdown in the face of the global pandemic. Since then, the payments and commerce headlines have been mostly about one thing: the consumer’s massive shift to digital. Get the Full Story Complete the form to...

Retail
PayPal’s Magats: 2021 Is The Year Of Three-Dimensional Commerce
March 08, 2021

When we think about what made the holiday shopping season different in the year 2020, it isn’t just how highly digitized it was. Consumers’ shift to digital channels was apparent, of course — according to the PYMNTS/PayPal Holiday Retrospective Report, over 80 percent of consumers did at...

IPO
MoneyLion CEO: SPAC Route Offers FinTechs ‘Degrees Of Freedom’
March 08, 2021

Special purpose acquisition companies (SPACs) are all the rage on Wall Street. And analysts seem to be split as to whether it’s all froth or an innovative financing vehicle. For the FinTechs that are choosing to go the SPAC route, the latter mindset prevails. Get...

Delivery
Deliveroo Commits To £50M Stock Share Fund For Drivers, Customers
March 07, 2021

Deliveroo is rolling out a new £50 million Communities Fund to give more aid to local communities where the company operates, along with restaurant partners and riders, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited...