The Consumer Financial Protection Bureau (CFPB) has extended the compliance dates for its small business lending rule pursuant to court orders. A federal court in Texas stayed the rule last year, pending a Supreme Court decision that was handed down in May, and required the CFPB to...
Payment infrastructure solution firm Payabli raised $20 million in a Series A round. The Software-as-a-Service (SaaS) company plans to use the funding to drive product development and reinforce security and scalability, according to a Tuesday (June 25) news release. The company also plans to grow...
Target is seeking a new head of marketing amid a spate of leadership changes. The retail giant’s current chief marketing officer, Lisa Roath, has been named Target’s new chief merchandising officer for food, essentials and beauty, scheduled to take on that role early next year,...
Monos is growing its brick-and-mortar presence, a move that is not only opening a new sales channel, but also boosting its eCommerce business. In an interview with PYMNTS, Victor Tam, CEO of the direct-to-consumer (D2C) travel and luggage brand, shared that the company’s Friday (June...
When it comes to shopping, consumers are turning to physical stores more for groceries than any other kind of purchase. By the Numbers For the report “Consumer Interest in an Everyday App,” created in collaboration with PayPal, PYMNTS Intelligence surveyed more than 2,200 U.S. consumers about,...
Finexio added a new fraud protection solution to its accounts payable (AP)-as-a-service offerings. The new Finexio Shield is designed to secure B2B payments, preventing fraud while also optimizing and delivering supplier payments, the company said in a Tuesday (June 25) press release. “Outdated security measures...
As retailers look to hold their own among bargain-seeking shoppers this summer in the face of competition Amazon’s ever-more-popular Prime Day, Target is the latest to join the deals days battle. The retailer announced Tuesday (June 25) that its Target Circle Week, open to all...
ParcelLab has launched an artificial intelligence (AI)-powered tool that helps retailers anticipate and mitigate the financial impact of returns. By estimating inbound parcels for retailer warehouses, the new parcelLab Returns Forecast AI helps retailers better plan warehouse resources, reduce processing times and lower operational costs,...
For Target, the most immediate impact adding Shopify sellers to its third-party marketplace may be a lift in its online fortunes. To that end, and as reported this week, Target will begin including select Shopify merchants on Target Plus, the retailer’s third-party digital marketplace. Target...
