Venture capital firm TCV has raised $4 billion for its “largest fund to date.” The company said it would use the new fund “to capture the vast opportunities presented by digital transformation and rapid technology adoption.” Get the Full Story Complete the form to unlock...
Today in B2B payments, The Clearing House streamlines data sharing, while Ledgermatch launches to digitize treasury management. Plus, Skyscend debuts its invoice management tool, NuORDER launches a B2B payment solution and Pilot raises funding for SMB back office modernization. Get the Full Story Complete the...
JPMorgan Chase plans to roll out a digital retail bank in the United Kingdom, which will have offerings and functionalities designed to meet the requirements of British customers through a mobile app, according to a Wednesday (Jan. 27) announcement. Get the Full Story Complete the...
Transcard President Chris Fuller discusses why a new approach to payments innovation is key to helping businesses digitally connect for less friction and more efficiency. “Digitally connecting buyers and sellers through their banks and ERPs means B2B payments and related data flows can be fast,...
Cici’s Pizza, the all-you-can-eat pizza buffet chain, declared bankruptcy on Monday (Jan. 25), in large part due to the COVID-19 pandemic’s impacts on consumer behavior. Despite the chain’s attempts to ameliorate the pandemic’s impacts, revenue had decreased from $177.3 million in 2019 to $76.3 million in 2020, reports QSR Magazine,...
In September, Starbucks announced changes to its loyalty program that expanded rewards to customers paying without a Starbucks card, eliminating a key friction point in growing its membership base. The changes are working. As announced on Tuesday (Jan. 26), loyalty app usage was up 15...
Russ Waterhouse, executive vice president of product development and strategy at The Clearing House, discusses how the payments industry must provide better ways to serve everyone as the economy recovers. “The aspiration for true payments innovation should be better payments for all,” says Waterhouse in...
Torrance, California-based CarParts.com, Inc. rolled out a centralized shopping location for the electric vehicle (EV), plug-in hybrid and hybrid community, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
North Carolina-based apparel retailer Belk has unveiled plans to seek Chapter 11 bankruptcy. The company aspires to exit Chapter 11 bankruptcy by the end of next month, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
