News

B2B Payments
Opus Accelerates KYC Automation For Banks
January 30, 2019

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. A press release on Tuesday (Jan. 29) said Opus is rolling out its Clarity KYC solution to automate KYC workflows and enhance risk analysis. The Software-as-a-Service (SaaS)...

IPO
Goldman Sachs And JPMorgan To Underwrite Pinterest’s IPO
January 30, 2019

Pinterest, the social media operator that is gearing up to launch an initial public offering, has tapped Goldman Sachs and JPMorgan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Delivery
FedEx Debuts Midnight Ordering, Next-Day Delivery
January 30, 2019

FedEx is launching a new late-night shipping option that will allow retailers to deliver next day — that is, when items are purchased online as late as midnight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Why 85 Pct Of Companies Want AP Automation
January 30, 2019

In manufacturing plants, call centers and many other workplaces, automation is the standard. However, when it comes to corporate accounting departments, automation is still the exception. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
ACH Payments Grow 8.7 Pct In Q4
January 29, 2019

During the fourth quarter of 2018, ACH Network volume saw more growth than it has in the last decade, according to the National Automated Clearing House Association (NACHA), which noted same-day ACH payments also reached a new level. Get the Full Story Complete the form...

Cross-border Payments
Syria, Iran Reach Banking Agreement
January 29, 2019

Syria and Iran governments have come to an agreement to enable bank transactions between the countries, reported Reuters. 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...

Retail
Walmart Steps On Amazon’s Turf With Fanatics eCommerce Deal
January 29, 2019

Walmart announced Tuesday (Jan. 29) that it has inked a long-term partnership with Fanatics, the sports fan brand that makes team and player merchandise and operates NFLShop.com, NBAStore.com and MLBShop.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
SharkNinja’s Plan To Capture The UK Vacuum Market
January 29, 2019

In the U.S., SharkNinja has become a well known commodity in a fairly short amount of time. The privately-held appliances brand sells vacuum cleaners under the Shark logo, while its line of food processors, coffee makers, pressure cookers and blenders are sold under the Ninja...

Retail
Nordstrom Faces More Brick-And-Mortar Closures
January 29, 2019

While Nordstrom is planning to open two full-line locations this year, the fashion retailer intends to close two locations at the beginning of April. The stores slated for closure include one at The Mall at Wellington Green in Florida and another at Virginia’s MacArthur Center,...