News

B2B Payments
2021: The Year Business Payments Go Digital And Lose The Paper Check
October 19, 2020

The shift away from legacy payments processes was well underway before the pandemic, but COVID-19 is creating fresh urgency to move to cloud-based digitized systems, David Disque, president at CSI (Corporate Spending Innovations) told Karen Webster in a recent conversation. Companies are increasingly automating keying in...

Loyalty & Rewards
Turning Loyalty Points Into Digital Currency For Latin American Consumers
October 19, 2020

When performing at their highest and best level, the various rewards points offerings designed by card issuers can be very sticky engagement tools for consumers, turning their card spending into a method for generating value. The problem is that those programs often aren’t performing at...

Retail
Millennials Will Lead The Voice Commerce Revolution
October 19, 2020

Consumers across all age demographics have radically realigned their lives over the last eight months. To say that we aren’t quite the same people we were a year ago might seem overly dramatic. Still, the 2020 edition of the PYMNTS |Visa How We Will Pay consumer...

eCommerce
Why Amazon Created A Separate Brand For Designer Fashion
October 19, 2020

Shopping is increasingly done remotely, but when it comes to luxury goods, appealing to high-end consumers requires personalized digital connections and a memorable experience, Zornitza Stefanova, founder and CEO of global luxury-shopping platform BSPK told PYMNTS. Whether that comes in the form of video, live chats...

International
China Central Bank Expects Country’s Economy To Grow 2 Pct This Year
October 18, 2020

China says it has the COVID-19 pandemic under control and will see its economy boosted by around 2 percent, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
HighRadius Hires 20-Year Finance Vet Scott Buxton As CFO
October 18, 2020

FinTech Software-as-a-Service company HighRadius, which works to automate the order-to-cash process, has added a new chief financial officer in Scott Buxton, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Social Media Network Nextdoor Eyes IPO
October 18, 2020

Nextdoor Inc., a social media network that is something of a combined Facebook, Craigslist and Yelp and whose members connect only with neighbors, is exploring going public, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Faster Payments
Portugal’s SIBS Takes Payments Platform International
October 18, 2020

Portuguese payments provider SIBS has taken its instant payments service international two years after launching it as a intra-country platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Hard Times For Soft Drinks As Coca-Cola Puts The Lid On Tab
October 17, 2020

Tab, shift, delete. It’s our cryptic way of conveying the hurtful news that Tab, one of America’s proto-diet colas and the “drink of beautiful people” since 1963 will shuffle off its carbonated coil as Coca-Cola goes on a diet, trimming its roster of beverage brands...