News

Retail
Unilever Says Its Amazon Sales Don’t Add Up To Much
September 27, 2019

Unilever has revealed that its sales on Amazon are only a small piece of its pie since most of its products sold on the website are priced below $10. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
French Grocers Use Automation To Get Around Labor Laws
September 27, 2019

Grocery group Casino Guichard Perrachon, along with its rival Carrefour, have been experimenting with keeping select stores open even after their employees go home. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
FinTechs Help Global Banks Tackle SMB Challenges
September 27, 2019

Criticism of the world’s correspondent banking network continues to mount — and at the same time, the number of correspondent banking relationships is on the decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Santander Overhauls Biz Banking Infrastructure With nCino
September 27, 2019

Cloud banking technology provider nCino will help U.K. financial institution Santander digitize its small business, corporate and commercial banking units, according to a press release on Thursday (Sept. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
HSBC Deploys Trade Finance API For Partner Banks
September 27, 2019

HSBC is continuing its open banking strategy with the deployment of a new application programming interface (API) designed to promote bank collaboration to facilitate trade finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
RoadSync Adds ACH Support For Logistics Receivables
September 27, 2019

The company said in a press release on Thursday (Sept. 26) that it has added Automated Clearing House (ACH) functionality, as well as direct billing, to the RoadSync platform. The additions provide more options for clients – including freight handlers, trucking companies and warehouses –...

B2B Payments
Congress Presses Fed On Real-Time Payments Plan
September 27, 2019

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow, its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. Reception toward the initiative was not, however, universally positive. Get the Full Story Complete...

Investments
Fundbox, Tipalti Tip The B2B Payments VC Scales
September 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price
September 27, 2019

Digital fitness brand Peloton ended its first day of trading down 11 percent from its IPO price of $29 a share, Marketwatch reported on Thursday (Sept. 26).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...