Новости за 01.09.2021

PayPal and Mastercard say they will make their debit card for business available to clients in four new countries. First launched in 2003, the PayPal Business Debit Mastercard is already available in the U.S., Great Britain, Spain, France, Italy, Germany, Ireland, Spain and Austria. The two companies said in an announcement on Wednesday (Sept. 1) […]

Twitter launched its Super Follows feature on iOS Wednesday (Sept. 1), an option that is powered by payments platform Stripe. With Super Follows, creators can set up monthly subscriptions to monetize bonus consent, allowing them to diversify their revenue sources. The feature is available in the U.S. and Canada, but is expected to roll out […]

Apple announced on Wednesday (Sept. 1) that residents in eight U.S. states will be able to add their drivers' licenses or state IDs to their Apple Wallets on their iPhones and their Apple Watches in the future. Arizona and Georgia will be the first to roll out the offering, followed by Connecticut, Iowa, Kentucky, Maryland, […]

Headless commerce startup Shopistry is partnering with mobile payments firm Square to help merchants introduce custom commerce experiences like digital storefronts and mobile apps, according to a Wednesday (Sept. 1) press release. Shopistry’s new incorporation with the Square Solutions Partner Program means it will be totally integrated with Square Online and Square Payments and available on the Square […]

Samsung fired its latest shot across the bow of wearables category leader Apple on Aug. 26 with the launch of its Samsung Galaxy Watch 4. Are the wearables wars heating up again? Noting, “It’s not your typical Wear OS watch … it’s called One UI Watch 3, and it’s been built by Samsung with Google’s […]

Depending on the state where U.S. residents live, they had a 50/50 chance of having their enhanced federal unemployment benefits terminated early. Yet, regardless of the outcome – either the benefits ending early or continuing until the Sept. 6 deadline – job growth throughout the U.S. has been about the same, according to a Wednesday […]

The eCommerce fraud management platform Riskified is extending its three-year-old partnership with the home furnishings company Wayfair. The two companies joined forces in 2018, with Wayfair partnering with Riskified to scale and automate its payment fraud efforts, a collaboration that Wayfair says has “greatly” reduced fraud losses and false declines. “Extending their partnership will allow […]

Today in B2B payments, PrimeRevenue enhances tools for receivables, and the global chemistry industry is primed for a digital overhaul. Plus, PayEm eyes growth with $27 million in funding, Easebuzz simplifies SMB payments and Clicklease raises $63 million to accelerate digitization. 'Hyper-Growth' and Global Demand For Spend Management Luring Investors to B2B PayEm has raised […]

Artificial intelligence (AI) accounting solution provider Vic.ai has secured $50 million in Series B funding, money the company says will “spur adoption of its pioneering AI platform for real-time, autonomous accounting and financial intelligence.” The New York-based firm said in a news release Wednesday (Sept. 1) that the funding will allow it to expand its […]

Singapore Exchange, a major stock market in Asia, is readying a launch of simplified regulations for listings of special purpose acquisition companies (SPACs), according to a Wednesday (Sept. 1) report from Reuters. If the effort moves to fruition, it would be the first large Asian stock exchange to accept this type of investment, according to […]

Canada’s Ghost Kitchens is broadening its collaboration with Walmart with the opening of its first U.S. location in Rochester, New York. Ghost Kitchens Founder and CEO George Kottas said in a press release on Wednesday (Sept. 1) that this is the “next chapter” for the startup, as it continues growing with Walmart across the U.S. […]

Chipotle Mexican Grill is rolling out upgrades to its rewards program, which has helped the fast-casual chain earn more than $2 billion in digital sales this year. The company announced on Wednesday (Sept. 1) that it is launching Extras, an exclusive feature that gives its 24 million rewards members access to extra points, allowing them […]

Not unlike the “all of the above” answer on a multiple-choice test, when it comes to credit unions (CUs) deciding between investing in new digital tools or spending to keep branches well-staffed, the answer is increasingly both. Whether they’re looking to attract new members or build sticky relationships with existing ones, getting the right interactions […]

Walmart is delving further into the ghost kitchen space, opening a location with up to 25 restaurant brands in Rochester, N.Y. Ghost Kitchen Brands announced Wednesday (Sept. 1) that it is expanding its partnership with the retailer, which has until this point only featured locations in Canada, to reach the United States. Read more: Walmart […]

Intuit, the company that makes QuickBooks and TurboTax, is in talks to purchase MailChimp, the email marketing platform, in a deal that could be worth over $10 billion. As Bloomberg News reported on Wednesday (Sept. 1), citing sources close to the matter, discussions on the purchase are ongoing and another buyer could still emerge. If […]

When looking for apparel online, it can often be difficult to discern how a piece of clothing might look or fit — or even if you might want it for longer than a single night out. Some retailers, such as Walmart, Gap and others, have adopted virtual fit technology to help consumers make more educated […]

With online shopping ubiquitous and delivery options getting faster, it may be hard for some consumers to justify going to a crowded store or shopping mall. According to PYMNTS’ Connected Economy Research, 92 percent of consumers have placed an online order for a product or service at least once recently and 77 percent have contacted […]

IZOTTI is taking some of the intimidation out of buying custom-made suits. Plus, Walmart still struggling to make its mark in home furnishings, and two-thirds of consumers don’t trust retailers’ ability to prevent fraud. Data: 10%; 6.6%: Share of retail sales derived from furniture and home furnishings at Amazon and Walmart, respectively. 71%: Portion of […]

In its bid to make more inroads into the United States and to differentiate itself from its digital banking peers, the U.K.’s Revolut is setting out to offer credit across the pond. As reported on Monday (Aug. 30) across sites including the Financial News, the card could come by the end of the year.  Revolut […]

Walmart is working to help improve bottlenecks in the global supply chain by hiring 20,000 employees to work in distribution centers, fulfillment centers and transportation offices, the company said Wednesday (Sept. 1). “As our business continues evolving to meet the needs of today’s customers, having a robust supply chain is more important than ever,” Walmart […]

PVH Corp.'s efforts to streamline its operations in the last several months by selling several of its Heritage Brand companies are paying off — to the tune of a 46% increase in revenue for the second quarter of 2021, the company said on Tuesday (Aug. 31). A 41% increase in Tommy Hilfiger sales compared to […]

China is ushering in a three-week online shopping event targeting the economic growth center of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), according to the state-owned Xinhua News Agency and China Daily. See also: Chinese Livestream Festival Breaks Records  The shopping festival starts on Thursday (Sept. 2) with an opening ceremony in conjunction with China’s Ministry of […]

Consumer expectations for the processing and payment of insurance claims are just as high as they are for other transactions, regardless of the increased complexity they carry. In the latest U.S. Open Banking Tracker, Huntington Bank Treasury Management Director Adriana Hastings explains how open banking is allowing businesses and insurers to meet consumers' evolving expectations.

PayEm announced Wednesday (Sept. 1) that it has raised $27 million in funding that it plans to use to further grow its global spend management and procurement platform. The announcement comes after PayEm said it experienced “hyper-growth” in the second quarter, delivering a four-fold increase in its portfolio due to global companies needing an easier […]

Fintech company Clicklease has ended a Series A funding round with $63 million, according to a press release. Clicklease provides financing solutions to equipment sellers and their customers. The company’s goal is to speed up digitization in the face of old-world business systems and practices. Services offered from Clicklease have disrupted the commercial micro-ticket equipment finance […]