News

Retail
BigCommerce Reports 33 Pct Revenue Growth
September 10, 2020

BigCommerce Holdings Inc. reported that accounts over $2,000 in annual contract value (ACV) totaled 9,378 for Q2 2020, marking a 7 percent rise in contrast to Q2 2019, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Century 21 Stores Files For Chapter 11 Bankruptcy
September 10, 2020

Off-price retailer Century 21 Stores announced on Thursday (Sept. 10) that it voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of New York. The company said it filed “customary motions” for permission to start going out of...

Investments
Chairish Pulls In $33M To Fuel Growth Of Online Home Furnishings Marketplace
September 10, 2020

Chairish has reeled in an additional $33 million in venture backing for its high-end home furnishings marketplace. Austin-based Tritium Partners led the funding round that includes previous investors Altos Ventures, Azure Capital, O’Reilly AlphaTech Ventures and “the founding team.” Get the Full Story Complete the...

Security & Fraud
Report: JPMorgan Staffers Fired Over Relief Fund Thefts
September 10, 2020

One day after JPMorgan Chase & Co. CEO Jamie Dimon threatened to take action against employees who stole COVID-19 relief funds, several workers have reportedly been fired. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Filling SaaS Firms’ Slippery Cash Gaps
September 10, 2020

Software-as-a-Service and subscription revenue business models have exploded in recent years, largely due to the invaluable benefit of having cash flow predictability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
AR, AP Innovators Pull Double-Duty
September 10, 2020

The latest accounts payable (AP) and accounts receivable (AR) solutions are pulling double-duty by tackling friction not only on their own side of the B2B payment equation, but on the other side as well. Get the Full Story Complete the form to unlock this article...

International
IRS Sends Stimulus Checks To Hundreds In Austria
September 10, 2020

Dozens of U.S. stimulus checks have allegedly been incorrectly mailed to residents of Austria, according to a report by The Washington Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Global Payments
Visa, PayPal Expand Global Real-Time Payments Partnership
September 10, 2020

As the pandemic fuels digital payments, Visa and PayPal have expanded ways for small to medium-sized businesses (SMBs) and consumers to move money quickly, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy...

Digital Banking
Credit Suisse To Launch Digital Banking App
September 10, 2020

Credit Suisse is planning to launch a digital banking app that will offer free foreign transactions and wealth management tools, the lender announced Thursday (Sept. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...