Lowe’s Companies, Inc. reported on Wednesday (Aug. 19) that Lowes.com sales have skyrocketed 135 percent and U.S. comparable sales increased 35.1 percent for the second quarter. The company also invested $460 million in the quarter to help its workers and communities due to the pandemic,...
Revolut Ltd., the British financial technology (FinTech) company, has introduced what it describes as a simple way to track, split and settle expenses instantly, in one place. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
TJX Cos. announced on Wednesday (Aug. 19) that its overall “open-only comp store” sales were down 3 percent compared to last year for Q2 FY21. The firm said it reopened 4,500 retail locations throughout the globe, as well as its eCommerce websites, during the quarter,...
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Trust in B2B partners is critical to keeping business flowing through supply chains — especially in today’s market. Yet the pandemic has, in many ways, strained B2B relationships due to cash flow disruptions, delayed payments, unfulfilled contract obligations and a trading ecosystem in which business continuity...
As FinTechs continue to drive commercial card adoption, value-added services have become an important tactic to rising transaction volumes. In this week’s Commercial Card Innovation Tracker, corporate card solution providers embrace third parties like Amazon Alexa, Google Pay and Uber to incentivize corporate card use....
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With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
COVID-19 turned the idea of multichannel commerce from one possible strategy for businesses to basically the only game in town. Corporate organizations of all descriptions worked overtime around the world to make the great digital shift happen — in some cases almost entirely overnight. Anupam Sinha,...
