News

Retail
Nordstrom Finance Chief Anne Bramman to Step Down
October 18, 2022

After five years in the role, Nordstrom Chief Financial Officer Anne Bramman will resign in December, the luxury department store chain announced Monday (Oct. 17). “As a result of Anne’s guidance through the pandemic, Nordstrom has the financial strength and flexibility to successfully manage through...

Retail
Conn’s CEO Chandra Holt Resigns as Retailer Faces 23% Drop in Revenue
October 18, 2022

After a little more than a year on the job, Chandra Holt has stepped down as president and CEO of furniture, appliance and electronics retailer Conn’s Home Plus. The Texas company announced her departure in a Tuesday (Oct. 18) news release, saying former CEO Norman...

Retail
Amazon Style Opens Midwest Location in Ohio
October 18, 2022

Amazon’s app-based in-store shopping experience for men and women’s clothing and accessories opened its second location, this time in the Midwest at the Easton Town Center in Columbus, Ohio. At Amazon Style, customers can use their phones to scan QR codes as they shop the...

Banking
PYMNTS Intelligence: How Cloud Banking Can Enable Embedded Payments
October 18, 2022

Customers — both personal and corporate — are more exacting than ever when it comes to digital banking. Their complaints are as keenly felt as they are diverse, with customers saying their banks fail them in several fields. Fifty-two percent of customers said their banking...

B2B Payments
The Changing Relationship Between Customers and Vehicles
October 18, 2022

Nearly 9 in 10 fleet operators say connected vehicle tech saves money and improves driver safety. It also creates the foundation for new fleet payments use cases.

Retail
Corporate Gifting’s ROI Linked to Thoughtfulness and Joy, Not Spreadsheets
October 18, 2022

‘Tis the season for corporate gifting, and businesses large and small are, yet again, closing the books beneath a cloud of uncertainty as they make that annual decision concerning how best to say thank you to their most important customers, vendors and employees. The effort...

Digital Banking
FinTechs Need a Niche to Avoid Becoming a Commodity
October 18, 2022

When everyone is special — or at least says they are — no one is. Application programming interfaces (APIs) and all manner of updated tech infrastructure have made it possible for pretty much any company to embed payments and banking-like services into apps. FinTechs have...

Global Payments
eInvoicing Needs a ‘Translation Layer’ as Business Payments Go Global
October 18, 2022

After a couple of decades, you’d think that electronic invoicing would be pretty much perfected — a done deal, with standardized formats across companies and across countries. As Billtrust President Steve Pinado told Karen Webster, “Companies have been generating PDFs and sending emails with invoice...

Cross Border Commerce
500 Global Sellers Weigh In on the Value of APAC Expansion
October 18, 2022

Asia Pacific (APAC) is a key strategic region for countless international eTailers. Thirty-eight percent of merchants across the United States, the United Kingdom and Canada either already sell to APAC customers or intend to do so within the next year, each hoping to stake their claim in...