News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

US Toy Industry Sales Grow To $7.9B After Toys R Us Closure
US Toy Industry Sales Grow To $7.9B After Toys R Us Closure
August 07, 2018  |  Retail

In the first half of 2018, sales in the U.S. toy industry rose by 7 percent to $7.9 billion. The increase occurred during the liquidation...

READ MORE >
Mattress Firm Eyes Bankruptcy, Store Closures
Mattress Firm Eyes Bankruptcy, Store Closures
August 07, 2018  |  Retail

As Mattress Firm, Inc. looks to shutter money-losing locations and find its way out of leases, people familiar with the company say that the retailer...

READ MORE >
Meal Kit Companies Reconsider Direct/Subscription Model In Favor Of Retail
Meal Kit Companies Reconsider Direct/Subscription Model In Favor Of Retail
August 07, 2018  |  Subscriptions

Among the new wave of direct-to-consumer and subscription-based eCommerce taking hold of the industry, none was considered more promising over the past year than the...

READ MORE >
Today In Data: Slow And Steady Is The Pace
Today In Data: Slow And Steady Is The Pace
August 07, 2018  |  Today In Data

The preferred speed setting for everything in the era of cloud connectivity, mobile and digitization is “faster.” Suppliers want buyers to pay their invoices faster, employees want to be...

READ MORE >
FinTechs Find VC Favor Amid Collaborative Efforts
FinTechs Find VC Favor Amid Collaborative Efforts
August 07, 2018  |  Investments

If money is a vote of confidence, via investments, then confidence is strong in the tech sector, and specifically for FinTechs. But there can be...

READ MORE >
Investors Back Skippr Despite Australia’s AltFin Woes
Investors Back Skippr Despite Australia’s AltFin Woes
August 07, 2018  |  B2B Payments

Alternative lending player Skippr has landed new funding, a sign that investors are still supportive of the industry after concerns were raised over alternative finance’s...

READ MORE >
Fed Finds Biz Lending Swell Continues, But There’s A Downside
Fed Finds Biz Lending Swell Continues, But There’s A Downside
August 07, 2018  |  B2B Payments

Traditional institutions are picking up steam in their efforts to collaborate with alternative financiers and FinTech firms, largely viewed as a way to spin the...

READ MORE >
Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities
Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities
August 07, 2018  |  B2B Payments

The revelation that U.S. businesses, more often than not, pay their suppliers via paper check still draws quizzical reactions from professionals abroad. The corporate and...

READ MORE >
GoCardless Brings Direct Debit Supplier Payments To Australia
GoCardless Brings Direct Debit Supplier Payments To Australia
August 07, 2018  |  B2B Payments

GoCardless is expanding into Australia in an effort to support direct debit B2B payments to suppliers, reports in IT Wire said on Monday (Aug. 6)....

READ MORE >