Most Nordic countries have at least one nationwide payment scheme to which all financial institutions (FIs) are party. The idea is that a common rule book and shared messaging standard will facilitate payments between any two banks regardless of their unique internal systems. But when...
Global financial services firm J.P. Morgan is expanding its merchant services capabilities in Asia-Pacific (APAC) and will be offering them in seven markets in the region by the end of the year. Already offering its acquiring solution in Australia, India and Japan, the firm recently...
LendingClub’s latest results, in the words of CEO Scott Sanborn, tell a story of “two halves” of 2022 as interest rates continue to soar: The first half was marked by strong demand by investors for the company’s loans, driving marketplace revenue. The second half is...
As alcohol brands expand their presence on third-party marketplaces such as Drizly, many are coming up against the issues that restaurants have been facing with aggregators since early in the pandemic — a lack of access to their eCommerce sales figures that keeps them from...
Orthodontic product manufacturer American Orthodontics has launched a B2B eCommerce site designed to simplify and streamline the buying experiences for both its sales force and its customers who order direct. Developed and deployed in collaboration with modern commerce firm Avensia, the site aims to consolidate...
Neobanks, nonbanks, and a host of other constructs fall under the heading “FinTech,” and while broadly popular with the digital-first economy, specific user profiles emerge on closer examination. PYMNTS analyzed this in “The Disbursements Satisfaction 2022: The Role of FinTechs,” a collaboration with Ingo Money,...
Footwear giant Skechers is seeing its eCommerce investments pay off. The company shared Tuesday (Oct. 25) in its third-quarter 2022 earnings announcement that direct-to-consumer (D2C) sales were up 12% year over year. “As one of our key long-term growth strategies, the investments we are making...
Walgreens said it has begun offering customers in some markets the option of order pickups that are ready within 30 minutes. According to an announcement sent to PYMNTS Wednesday (Oct. 26), the program launched this week at locations throughout New Mexico and Oklahoma and select...
Expense management software company Center has raised $15 million in a Series B round and said it will use the new capital to expand its product offerings and support the evolving needs of small- to medium-sized businesses (SMBs). This funding round brought the company’s total...
