News

Retail
BOPIS Has Its Black Friday Moment
November 29, 2022

The digital shift is giving way to the delivery shift. Or said another way — for consumers who want to make sure they get exactly what they ordered, while also saving money on shipping costs, becoming the delivery person is becoming an attractive option. In...

Retail
C-Stores Step Up Food Efforts to Take Share from QSRs
November 29, 2022

Major convenience stores are expanding their hot food selection to divert sales from restaurants. Most recently, major multinational convenience retailer EG Group has been adding in-store branded Ria’s Pizzerias at Cumberland Farms locations, as the National Association of Convenience Stores (NACS) noted Tuesday (Nov. 29). The company recently opened its second...

eCommerce
B2B Marketplace Full Harvest Buys Management Platform FarmersWeb
November 29, 2022

The B2B produce market is expanding as eCommerce company Full Harvest announced it’s acquiring FarmersWeb. The acquisition was outlined in a Tuesday (Nov. 29) press release, stating that the produce marketplace is looking to utilize FarmersWeb’s sales and inventory management software to expand its B2B...

Social Commerce
Klarna Seeks to Attract Creators by Linking Them With Retailers
November 29, 2022

Klarna is expanding its Creator Platform, tapping into the creator economy to drive sales. “With the launch of the Creator Platform,  the Klarna joins the $16 billion influencer marketing economy and opens up a crucial new channel for its 450,000 retail partners worldwide,” the Swedish...

Regulation
BaFin Helps German FinTechs Navigate Regulatory Landscape With New Innovation Hub
November 29, 2022

“Innovation is key to any market’s survival.” It’s based on that premise that Germany’s Federal Financial Supervisory Authority (BaFin) has launched a FinTech Innovation Hub, intended to spark a dialogue between policymakers and companies developing new financial technologies. The web portal will act as a...

Retail
Cyber Five Drew 9% More Shoppers Than Last Year 
November 29, 2022

A record number of Americans shopped during Cyber Five.  During the five days from Thanksgiving Day through Cyber Monday, 196.7 million Americans shopped in stores and online, the National Retail Federation (NRF) and Prosper Insights & Analytics said Tuesday (Nov. 29) in a press release.  That total is 9% higher...

B2B Payments
AvidXchange Takes B2B Payments Cross-Border
November 29, 2022

Payments solutions company AvidXchange has unveiled a cross-border payment experience. The North Carolina company said the new offering will be available first to Oracle NetSuite customers and accessible in its newly launched SuiteApp, according to a news release Tuesday (Nov. 29). SuiteApp lets customers in...

Faster Payments
Kyriba Teams With JPMorgan Payments on Real-Time Treasury
November 29, 2022

Finance and IT platform Kyriba and J.P. Morgan Payments have launched a real-time treasury solution. Offered to the companies’ mutual clients through a new application programming interface (API), the solution provides RTP network payments, payments status and bank reporting, the companies said Tuesday (Nov. 29)...

B2B Payments
Tranch Offers BNPL for Goodwin Law Firm
November 29, 2022

Tranch has begun offering buy now, pay later technology to clients of law firm Goodwin. With this move, Goodwin becomes the first major legal practice to use the Tranch tool, the B2B payments company said in a news release Tuesday (Nov. 29). It’s also the...