News

Payments Innovation
How FinTechs Help Companies Tap Into Emerging Technologies
October 04, 2019

Businesses are becoming more aware of tech-enabled solutions and prioritizing tools that can help them work smarter — and not harder. As part of that awareness, companies across all industries are realizing the strategic value of accounts payable (AP) automation and developing an understanding of...

Retail
Fixing Fast Fashion’s Uncertain Fortunes 
October 04, 2019

When Forever 21 filed for bankruptcy earlier this week, there was much bemoaning but not a lot of actual surprise on offer. The chain’s decline was a long-running phenomenon, as falling sales and decreasing foot traffic began to gin up rumors of it coming bankruptcy...

Retail
How New Tech Is Changing Furniture Shopping
October 04, 2019

Look to furniture and home furnishings to drive more retail innovation. 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...

Retail
Retail Pulse: Amazon Grows 4-Star Footprint; Forever 21 Files For Bankruptcy
October 04, 2019

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. Amazon, in one case, has added a suburban Boston location to its roster of Amazon 4-star stores, marking the fifth location of its type...

Retail
Walt Disney, Target Roll Out Disney ‘Shop-In-Shop’
October 04, 2019

To let shoppers access items that were only available at Disney retail locations in the past, the Walt Disney Company and Target rolled out the Disney store at Target in 25 select locations along with complementary online experience. Customers can shop a Disney assortment of...

Retail
Fashion Executives Prepare Bid For Barneys New York
October 04, 2019

As the bankrupt retailer aims to avoid liquidation, a group of fashion executives is getting an approximately $220 million bid ready to take control of Barneys New York Inc. Sam Ben-Avraham, the founder of the New York retail store Atrium, is putting together a group...

B2B Payments
B2B eCommerce Tips The VC Scales
October 04, 2019

More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based alternative small business lending isn’t dead with investors and...

B2B Payments
Ohio Treasurer Suspends Bitcoin Business Tax Payment Program
October 04, 2019

The state of Ohio has decided to end its support for bitcoin tax payments, state Treasurer Robert Sprague announced this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
How Small FIs’ SMB Lending Journeys Nudge The US Toward Open Banking
October 04, 2019

To service Main Street businesses, it’s an obvious advantage for a financial institution to actually be on Main Street. For community banks and credit unions, their physical proximity to the small businesses they’re servicing is often pointed out as a major advantage these smaller players...