News

eCommerce
Zenni Optical’s Secret to Moving More Prescription Eyeglass Orders Online
September 16, 2022

If you just scanned headlines or social media posts, it’d be easy to think that the digital transformation was halfway done shifting our entire lives online. But truth be told, many verticals and industries have barely scratched the surface, leaving plenty more to be done...

Faster Payments
36% of Consumers Say Instant Disbursements Boost Loyalty
September 15, 2022

Instant disbursements whether from government or private entities are increasingly popular with consumers when offered and have a major impact on consumer perceptions of senders. For the Disbursements Satisfaction Report 2022, a PYMNTS and Ingo Money collaboration, we surveyed over 3,600 U.S. consumers about their...

Delivery
FedEx Closes Stores and Grounds Planes as eCommerce Volume Falls
September 15, 2022

FedEx is closing offices and parking aircrafts to deal with revenue for the first fiscal quarter, which was below expectations due to declining package volumes moving around the world. CEO Raj Subramaniam said in a press release that he is cutting costs, freezing hiring and...

Regulation
Biden Increases Screening of Foreign Investment for Security Risks
September 15, 2022

The Biden administration is ordering the Committee on Foreign Investment (CFIUS) to add more scrutiny on deals that might give China access to critical tech or that could put personal data at risk, The Wall Street Journal (WSJ) wrote. The executive order, signed Thursday (Sept....

Cross-border Payments
Cross Border Payments Firm Payall Nets $10M for Expansion
September 15, 2022

Cross-border bank processor Payall has closed a $10 million seed round led by Andreessen Horowitz (a16z), a press release said. Payall has a single shared platform which will fuel compliance automation, risk mitigation and more transparency, the release said. The platform’s services include specialized, inclusive...

eCommerce
Bold Commerce Adds Upsell Opportunities To Curbside Pickup
September 15, 2022

Ecommerce tech company Bold Commerce has announced a curbside checkout feature for brick-and-mortar or omnichannel retailers, to help out with the loss of revenue from fewer impulse purchases, a press release said. Called Curb Up, it will offer upsell and cross-sell opportunities after an order...

B2B Payments
Botkeeper, Expensify Partner to Streamline Receipt Management
September 15, 2022

Automated corporate bookkeeping platform Botkeeper has partnered with expense management, invoicing and payments super app Expensify to streamline monthly receipt management. With this deal, Expensify and its ExpensifyApproved! Partner Program join the Botkeeper marketplace partner system, according to a Thursday (Sept. 15) press release.  “Expensify...

B2B Payments
Trust Software Debuts B2B Checkout Platform ‘Market’
September 15, 2022

Marketing payment FinTech Trust Software has rolled out a new B2B checkout platform for the marketing ecosystem called Market, according to a Thursday (Sept. 15) press release. Trust Software said Market will come with features including immediate payouts, the ability to offer flexible payment terms,...

Investments
Ratio Secures $411M to Grow BNPL, Financing Platform for SaaS Firms
September 15, 2022

B2B FinTech company Ratio has emerged from stealth and announced it has secured $411 million to grow its buy now, pay later (BNPL) and financing platform for Subscription-as-a-Service (SaaS) businesses and other recurring revenue firms. Ratio allows these firms to provide embedded BNPL services that...