News

B2B Payments
Fintech Extends Automated Invoice Processing Capabilities to All B2B Transactions
May 31, 2024

Financial Information Technologies (Fintech) has expanded its platform’s automated invoice processing capabilities to include all B2B transactions. 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...

Social Commerce
TikTok Shop Puts European Plans on Hold, Concentrates on US
May 31, 2024

TikTok has reportedly decided to put its plans for expanding its eCommerce business in major European markets on hold. 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...

Risk Management
Treasury Management Playbook Dials Up New Cash Flow Strategies
May 31, 2024

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 this form, you agree to receive marketing communications from PYMNTS and...

Payments Innovation
Bank of America: Collaboration and Innovation Will Drive the Future of Payments
May 31, 2024

Payments modernization, depending on the financial services company, will be synonymous with upgrades. 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....

Fintech Investments
FinTech IPO Index Gains 1.2% as MoneyLion and Sezzle Surge
May 31, 2024

Earnings dragged down several names in the FinTech IPO Index, but the overall performance was positive, up 1.2%. 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
Amazon Follows Walmart in Slashing Grocery Prices to Gain Share
May 31, 2024

As Amazon looks to make a dent in Walmart’s share of consumer grocery spending, the eCommerce company is joining the list of retail giants making widespread price cuts to common food items as shoppers seek the best bargain. Get the Full Story Complete the form...

Banking
Fiserv GM on the Pot of Gold at the End of the ISO Rainbow
May 31, 2024

As payments shift from traditional and manual workflows to automated, digital ones, everything will change. 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,...

Retail
Costco Mulls Raising Membership Fee, Add Warehouses Amid Rising Sales
May 30, 2024

Costco is weighing a raise in its membership fee, and plans to add new warehouses and expand partnerships amid rising sales, the retailer said Thursday (May 30) in its quarterly earnings report. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
‘Department of Nike Archives’ Impacted by Companywide Layoffs
May 30, 2024

Nike’s layoffs have reportedly impacted employees in the company’s archive that stores shoes, gear and other artifacts from the brand’s history. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...