News

Retail
Why Prime Day Is About More Than Amazon
July 10, 2019

The annual retail event known as Amazon Prime Day is about more than Prime or the giant eCommerce operators. It’s also about larger eCommerce trends, given that nearly everything that Amazon does helps sets the pace for other retailers, and helps set the standards for...

Investments
Remitly Scores $135M To Expand Globally
July 10, 2019

Weeks after Facebook took aim at its core business, Seattle-based Remitly notched $135 million in funding at a valuation of almost $1 billion. The company homes in on the remittances of immigrants to relatives and friends, who can receive the money through their phones, in...

Retail
Lady Gaga Beauty Line Coming To Amazon
July 10, 2019

In a move that bolsters the eCommerce retailer’s cosmetics business, Lady Gaga plans to roll out a line of beauty items that will be exclusively sold on Amazon. The Haus Laboratories brand will debut in the fall for consumers in countries such as the United...

Retail
Can Digital Platforms Solve The Fraud vs. Friction Dilemma?
July 10, 2019

Digital platforms facilitate everything from online shopping to ridesharing to booking a hotel. These platforms promise fast, seamless transactions, which most deliver – but when platforms focus on reducing friction for users, it can backfire and create new vulnerabilities to fraud. Get the Full Story...

B2B Payments
Canada’s Path Toward B2B Payables Modernization
July 10, 2019

Canada is embracing the payments modernization journey, with organizations like Payments Canada driving adoption of faster, more agile payment functionality in the country. Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market,...

B2B Payments
Cambridge Global Payments Automates X-Border AP
July 10, 2019

FLEETCOR-owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. 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....

B2B Payments
Validis, PayNet Streamline SMB Data Sharing For Lenders
July 10, 2019

Commercial lending data company PayNet is teaming up with digital financial data sharing firm Validis to augment the small business loan data management and analytics experience for joint financial institution clients, the companies revealed in a Tuesday (July 9) press release. Get the Full Story...

B2B Payments
Mastercard Launches V-Card Acceptance Tool
July 10, 2019

Mastercard is launching a new service designed to make it easier for B2B vendors to accept virtual cards. 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...

B2B Payments
Bumble Bee Positive On Supply Chain Via Blockchain  
July 10, 2019

Food giant Bumblebee Foods has seen a positive reaction to, and reception of, its supply chain tracking over blockchain.  Elsewhere, IBM has said that it has been developing an apps focused marketplace for TradeLens, its shipping and logistics platform.