Новости за 16.09.2021

Credit card delinquency rates inched up slightly in August and most credit issuers also saw increased net-charge-off rates compared to July, according to a Seeking Alpha report Thursday (Sept. 16), a couple of signs that the elusive “new normal” may be coming to the credit metrics arena soon. Most consumers kept current on their credit […]

Paying employees 24/7/365 days a year might be the norm in Europe, but not in a country like Egypt, said dopay CEO and Founder Frans van Eersel. Cashless transactions make up only 45% of payments in the North African country, which has the world’s third-highest percentage of unbanked citizens (67%) behind Morocco (71%) and Vietnam […]

A “major” market disruption is anticipated if Brussels fails to extend a permit granting EU banks access to U.K. clearing houses, the Financial Times (FT) reported Thursday (Sept. 16). Banks in the U.S. and Europe, as well as asset managers, have implored Brussels to extend the license, according to the report. Leading lobby groups have […]

Today in B2B payments, Airbase gives businesses real-time information on spending habits, Sonoco and Coupa team on payments and Tazapay debuts a global B2B Escrow-as-a-Service offering. Plus, Biild and Procore team up to help construction contractors afford their materials, and Chewy debuts a vets-only eCommerce portal. Tazapay Launches Escrow-as-a-Service With Global B2B Marketplaces Cross-border trade […]

The Spanish B2B payments company Voxel has acquired the Australian-based Troovo for an undisclosed amount. As PhocusWire reported on Thursday (Sept. 16), Voxel plans to incorporate Troovo’s Robotic Process Automation technology into its baVel payment platform, giving it GDS connectivity along with a decision engine for payment optimization. Voxel said the integration means a “frictionless […]

Citizens Bank has launched an integrated payments solution designed to make payments processing faster, simpler and safer for its corporate clients. The bank announced the new tool, which includes invoice automation, on Thursday (Sept. 16), saying it lets companies automate their invoice-to-pay process from one platform. It also lets customers choose from a variety of […]

Apple released an emergency software patch on Monday (Sept. 13) after researchers at University of Toronto’s Citizen Lab uncovered a security flaw that could allow hackers to secretly install spyware on Apple devices through iMessage without users’ knowledge. Researchers found that the advanced form of spyware from Israeli security firm NSO Group called Pegasus can eavesdrop or […]

Ask any accounts payable (AP) team about the shortcomings of their legacy invoice processing methods and you’re apt to hear some variation of the theme that they’re not always well-suited for coping with the modern expectations of pace and volume. The inefficiency of these methods, they’ll likely say, add time and inaccuracies to the processing of invoices, which in turn cause payment delays and friction with suppliers. For example, in The Digital Shift report, PYMNTS […]

London FinTech and super app startup Curve is introducing a new installment product to compete against the buy now pay later (BNPL) market, according to a Thursday (Sept. 16) press release. The U.K. Financial Conduct Authority approved Curve Flex, which offers people the ability to make installment payments for most purchases on any card from […]

Retailers are hoping shoppers will return en masse to their stores during the 2021 holiday shopping season. Plus, Amazon and Walmart retain a small slice of the wellness market, and Parachute adds furniture sales to its quest for whole-home domination. Data: 4.0%; 5.9%: Shares of the personal care market owned by Amazon and Walmart, respectively. […]

Direct-to-consumer (D2C) jeweler Brilliant Earth says its path to growth after its expected public trading debut next week relies on omnichannel capabilities and a younger set of consumers — assuming it can overcome significant headwinds and a fragmented market. Millennial and Gen Z consumers collectively represent 87% of the brand’s active customers, Brilliant Earth said […]

Over the past year, Amazon has increased its focus on sales of food and beverage, the lone category where it seriously lags behind Walmart, but those efforts have yet to make an impression in the retail giants’ food fight. Though Walmart has fallen slightly from a fourth quarter high of over 20%, it still has […]

Some U.S. Christmas tree sellers plan to raise their prices by 20-25% this holiday season to offset the higher shipping costs they’re being charged this year, according to a report in The Wall Street Journal. Sellers are also adding warnings that some trees could sell out earlier than normal because overseas deliveries are being scaled […]

U.S. consumer spending unexpectedly rose 0.7% in August, reversing a slump in July and defying concerns that a surge in COVID cases and business restrictions would crimp consumption. Economists had been expecting a second month of declines but took the gains in retail as a sign that Americans were willing and able to spend as […]

European eCommerce shipping startup Sendcloud closed a $177 million Series C funding round led by SoftBank Vision Fund 2, with sizable backing from L Catterton and participation from HPE Growth. Headquartered in the Netherlands, with an office in Belgium, Sendcloud offers an all-in-one flexible eCommerce shipping platform that offers its 23,000 retailers a multi-carrier solution that streamlines […]

It’s like something out of a movie, at least in its broadest strokes. New-fangled tech comes along, is embraced by the masses and saves troubled business as people clamor to fill aisles and fill the coffers. For AMC Entertainment Holdings, one wonders how this script will unfold, as the company gets on board with cryptocurrency […]

In New York City, businesses and lawmakers are playing tug-of-war over consumer data. On Wednesday (Sept. 15), DoorDash sued New York City over a new local law requiring third-party delivery services to share consumer data with the restaurants on their marketplaces anytime those restaurants request it, and as long as consumers haven’t opted out.  For […]

Global eCommerce fulfillment startup ShipBob on Thursday (Sept. 16) announced that it has added a new customization suite for gift notes and kitting, an integration with eCommerce customer service platform Gorgias, and an integration with commerce solution Linnworks in its latest software update. ShipBob customers can now add customer sender names to shipping labels and […]

For the week ending Sept. 11, new jobless claims were up 20,000 to 332,000 from the previous week’s level, which was revised up by 2,000 to 312,000, according to the weekly report from the Bureau of Labor Statistics on Thursday (Sept. 16). The total number of continued weeks claimed for benefits in all programs for […]

For the first time, retail customers can access real-time bill pay following a partnership between BNY Mellon, Citi and Verizon announced Wednesday (Sept. 15). And according to Steve Ledford, SVP products and strategy at The Clearing House, there will be more and more announcements by the end of this year and early next year as […]

J.P. Morgan is now powering U.S. credit card processing for Alibaba.com, the business to business (B2B) division of Jack Ma’s Alibaba Group based in China, according to a press release emailed to PYMNTS. J.P. Morgan Merchant Services — the top U.S. payments processing provider, according to the Nilson Report — is working with Ant Group’s […]

Most contractors working in commercial construction projects pay for materials long before receiving payment for their work. In fact, 74% have terms with their suppliers of 30 days or less, yet the time they wait to get paid for their own work averages about 85 days. It’s probably no surprise, then, that 46% of contractors struggle to make ends meet with such lumpy cash flow.  In the face […]

Volvo Cars’ parent company is preparing to list the car company in a $20 billion initial public offering that could be one of the largest European IPOs of the year. According to Reuters, sources say China’s Geely Holding — which purchased Volvo in 2010 — is in advanced discussions with banks for the IPO, which […]

The last 18 months have taken a toll on the United States business sector, but mom-and-pop shops on Main Street U.S.A. have emerged from the experience stronger than ever. Main Street's small and mid-sized businesses (SMBs) recovered from the pandemic’s economic shock faster and are now outperforming other businesses. It took Main Street businesses less […]

Businesses and consumers are returning to their pre-pandemic norms, but some of their behaviors have changed. Banking customers are less likely to visit banks now than they were 18 months prior, and nearly all consumers have an online or mobile banking feature at their disposal. The push to digitization highlighted the advantages of online banking, […]