News

B2B Payments
CFOs Adjust to Retail’s New Reality
October 13, 2022

The term “omnichannel” has its fans and detractors, but by any name, hybrid online-physical shopping and payments experiences are the next normal so many wondered about in the depths of the pandemic, bringing the best of both worlds to connected economy consumers. In a discussion...

eCommerce
Value of Local Expertise Underestimated in Expanding Cross-Border Commerce
October 13, 2022

With merchants and brands battling falling sales, cross-border expansion into high-growth markets is a strategy for steadying the ship, but it’s tough going if you don’t know the local payment preferences and have the relationships to make those expansions worth it. Speaking with PYMNTS, Guillaume...

Faster Payments
Cross-Border Demands Banks Get Ready for ‘Clearing 2.0’
October 13, 2022

As real-time payments networks operate across the globe — FedNow in the U.S. and Faster Payments in the U.K., to name just two examples — those systems still need to communicate with one another as payments cross borders. Data needs to flow, in real time,...

Delivery
Millennials Top Spenders on Digital Food Orders
October 12, 2022

Restaurants looking to attract millennial customers and drive up average order value would be best suited to look to their digital channels rather than their on-premise business. For PYMNTS’ study The 2022 Restaurant Digital Divide: Food Aggregators Find Their Footing In Q2, we surveyed more...

Loyalty & Rewards
UK Retailers Count on Affordability, Omnichannel Sales to Foster Customer Loyalty
October 12, 2022

With consumer sentiment at an all-time low due to a worsening cost-of-living crisis, devising strategies to help United Kingdom customers shop and save money seems to be at the top of retailers’ minds, especially ahead of the annual holiday shopping season. Read more: BNPL Offers...

B2B Payments
HSBC, Trade Ledger Launch Digital Receivables Finance Tool
October 12, 2022

The London-based Lending-as-a-Service FinTech Trade Ledger  Thursday (Oct. 11) announced the launch of HSBC’s new digital finance receivables solution, built with the Trade Ledger platform. In a press release, Trade Ledger said that the technology would allow HSBC to cut the average amount of time...

B2B Payments
Today in B2B Payments: Firms Launch Tools for Restaurants, SMBs
October 12, 2022

Today in B2B payments, Walmart announces upcoming changes to its data monetization platform, Toast helps restaurants with catering and wholesale orders, and Nuvei adds a payments interface for businesses of all sizes. Plus, TripActions raises $300 million, while BNP Paribas agrees to buy Kantox. Walmart...

eCommerce
Ambry Hill, eComchain Enable B2B eCommerce for Aircraft Parts Sellers
October 12, 2022

Software company Ambry Hill Technologies and eCommerce implementation company eComchain have partnered to provide sellers of aircraft parts with a B2B eCommerce storefront solution. The new solution will be part of VistaSuite, which is Ambry Hill Technologies’ cloud-based business management software for the aviation aftermarket...

Loyalty & Rewards
How Many Lattes Does a Delta Ticket to London Cost?
October 12, 2022

Starbucks is looking to woo travelers, enabling its loyalty program members to double dip on rewards by also earning Delta SkyMiles, but the remarkably low conversion rate suggests that the partnership is more of a publicity stunt than a real benefit for its customers. The...