News

B2B Payments
AP/AR Automation Takes On Paper Tiger For The Future Of Treasury
December 18, 2020

Something’s going to happen with paper checks, paper invoicing — the whole paper thing on a grand scale — and businesses need to be ready for that eventuality. It’s one definition of “resilience,” of which much is needed during this time of upheavals and unknowns....

B2B Payments
Enterprise Cloud Platform Company Takes The B2B Venture Capital Lead
December 18, 2020

This week showed investor interest in B2B FinTech companies in international markets, as a trade finance platform in India and a human resources (HR)/payroll cloud software firm in the U.K. landed funding rounds. But it was a Bellevue, Washington-based beauty and wellness industry enterprise software...

B2B Payments
Change Is The Operative Word For CarParts.com CFO
December 18, 2020

For many more reasons than the obvious strains of the pandemic, it has been an eventful year at CarParts.com. November saw record-setting sales as the “do it for me” economy transformed to “do it yourself.” Also in November, the company launched a national ad campaign...

Security & Fraud
Microsoft Products Targeted In Russian Hack, Report Says
December 18, 2020

Microsoft has been hacked as part of what officials say could be a Russian campaign that hit multiple U.S. government agencies, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
Why Making Incentives Smart Could Just Kill The Coupon
December 18, 2020

The standard coupon experience isn’t great for either the consumer or merchant. The customer has to keep track of a piece of paper or code to hand over at the point of sale, while the merchant gets a fraction of the transaction’s funds and must...

IPO
Poshmark Files For IPO After Posting Record Profits
December 18, 2020

Secondhand eCommerce platform Poshmark filed for an initial public offering (IPO) after posting more than $30 million in profit across two consecutive quarters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
India’s Nascent Pet Care Industry Gets Its First Online Retailer
December 18, 2020

There may be 1.3 billion people in India, but when it comes to domesticated pets, there’s currently only about 23 million dogs and 4 million cats. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Delivery
Truckers See Financial Recovery In Cold-Chain Vaccine Distribution; Logistics Concerns Remain
December 18, 2020

Developing, testing and getting approval for the various new COVID-19 vaccines in less than a year was a miracle, but the logistical feat of manufacturing and distributing hundreds of millions of doses to Americans could be equally challenging — especially since some of the medicine...

Retail
Tiny Houses Are Big Business As Ikea Takes Downsizing Mainstream
December 18, 2020

At a time when the pandemic has caused consumers to rethink everything from how they get their food to where they want to work, the latest lifestyle trend that’s getting a look involves simplifying and downsizing into a so-called tiny house. Get the Full Story...