Swift, which operates the global financial messaging service by the same name, on Thursday (Oct. 27) announced its decision to delay the migration to a new messaging standard known as ISO 20022. The update to the Swift system for cross-border payments and reporting (CBPR+) is already...
DoorDash and Tractor Supply have partnered to offer on-demand delivery from the rural lifestyle retailer’s 2,000 locations nationwide. The partnership marks DoorDash’s first entry into the farm and ranch category and enables Tractor Supply to send its home improvement tools, firewood, poultry feed and other...
In an effort to better understand how consumers are buying its products, candymaker Mars has announced a new partnership with consumer rewards app Fetch to offer points for purchasing the company’s products when shoppers send in a picture of their receipts. Through the initiative, Mars can gain...
When the world’s largest eCommerce company sneezes, to bend the analogy, the retail industry catches a cold. That concept, concerning the outbound spreading of symptoms to others around you, has never been more true as Amazon’s stock starts the new day pretty much where it...
Supply chain constraints are easing, but footwear company Deckers Brands has been shipping products to key markets ahead of the holidays to ensure it has them on hand for the peak selling season, company executives said Thursday (Oct. 27) during the company’s quarterly earnings call....
Fast-fashion retailer Shein is reportedly generating revenue at a rate that is putting it close to that of its rivals, H&M and Zara. The online retailer is expected to generate revenue of close to $24 billion and gross merchandise value (GMV) of $30 billion this...
As much as COVID-19 gave digital tech and payments a boost, many industry experts think the next three years may hold similarly grand advancements, particularly when it comes to faster payments. For Peter Davey, senior vice president and head of product innovation at The Clearing...
Whether it’s instant payments or real-time payments, either way it’s where disbursements seem to be headed, between the demand generated by gig workers and the needs of small businesses that survive or thrive by maintaining healthy cash flow. Mastercard Senior Vice President, Debit, North America Vickie Van...
Earnings season will be the tell, of course, as to how long the FinTech IPO rally lasts. But even with the volatility of daily trading headed into the end of the week, even with a bumpy Thursday, software as a service is sparking renewed investor...
