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P&G Reports 50 Pct Jump In eCommerce Sales, Sees Lasting Shift To Online

PYMNTS

In announcing its fiscal second-quarter results, the Cincinnati-based consumer goods giant also credited its “constructive disruption” strategy for a 15 percent jump in earnings, which also allowed it to increase its full-year forecast. eCommerce Soars.

eCommerce 117
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Today In Payments: PNC Advances $11.6B BBVA Purchase Deal; US Economic Forecasts Grim Amid Escalating COVID-19

PYMNTS

Plus, Mastercard announced a new Account-to-Account service to its Track Business Payment Service. US Economic Forecasts Grim Amid Escalating COVID-19. Mastercard Boosts Business Payments With Account-To-Account. DoorDash IPO Filing Shows Expansion Plans Beyond Food. unit for $11.6 PNC Advances $11.6B

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B2B eCommerce Differentiates Itself From Its B2C Cousin

PYMNTS

trillion worth of sales is expected to pass through B2B eCommerce systems by 2021, according to Forrester research published last June. Analysts are forecasting a rise in B2B buyers seeking products online, with the customer experience the driving factor of growth and success for B2B eCommerce players. An estimated $1.2

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The 7 Critical Finance Software for Your Companies Tech Stack

The Finance Weekly

From accounting and payroll management to budgeting and forecasting, finance is the reason and numbers behind every bit of data that passes through the organization. The second option provides better priced plans and/or caters to different target audiences to ensure there will be a good option for any size or type of business.

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Traditional FIs Drive Modernization Through FinTech Pairings

PYMNTS

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. The company is focusing on users that may be underbanked, lacking traditional bank accounts.

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Adobe: Shoppers Have Already Spent $62.5B Online, With Record Black Friday On Tap

PYMNTS

percent year on year since just Sunday alone, and Adobe is reiterating its forecast for record online sales for Thanksgiving Day, Black Friday and Cyber Monday. percent gain year over year — and accounts for 38.6 percent of all eCommerce sales during the period. Consumers have already spent $62.5 Sales have also shot up 49.2

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Walmart’s Surprising Holiday Season Miss

PYMNTS

percent forecast. He noted that the company planned to address the scheduling issues, but didn’t elaborate further. For fiscal 2021, the retailer expects that growth to slow, with eCommerce growth clocking in closer to 30 percent. As for what comes next, full-year profits are forecasted to be between $5 and $5.15