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Posts By PYMNTS
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1.2KB2B PaymentsCorporate Cards Forge More Paths To SMB Adoption
All eyes are on the small business community in the commercial card world as industry players increasingly explore how card products can...
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1.1KDigital OnboardingHow Cargomatic Leverages Geocoding To Meet Pandemic-Driven Supply Chain Challenges
Eighty-four percent of consumers say they would abandon a merchant after just one failed delivery attempt. In The Digital Consumer Onboarding Tracker,...
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1.1KB2B PaymentsHow EDI Keeps The Invoice Data Flowing
Data sharing with business partners, particularly suppliers, has evolved from a beneficial strategy that drives efficiency, to a vital way to keep...
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1.0KCoronavirusGoogle Allocates $3 Million To Counter Vaccine Misinformation
The Google News Initiative (GNI) is rolling out a new open fund for up to $3 million to combat misinformation about COVID-19...
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1.3KSMBsVisa’s Phalen: SMBs Remain Optimistic; Data Shows Digital Tools Bring New Customers
The pandemic was a crushing blow for SMBs, with many of them pushed to the edge of survival and beyond. Still others...
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2.0KRetailSurcharges Re-Enter The Merchant Transaction Fee Debate
As COVID has battered the economy and changed the way merchants do business, the time has come for them to analyze their...
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2.2KArtificial IntelligenceAI Rides To Rescue Of Analog Accounting Processes
The problems are analog. The paper check, the paper invoice, slow accounts receivable (AR) processes and collecting on aging receivables can be...
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1.7KFraud PreventionSwap.com Uses Data Analytics To Fight Post-Holiday Fraud Surge
The 2020 holiday season was one for the history books, drastically different due to the pandemic limiting consumers’ in-person shopping experiences. Experts...
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1.8KRetailShipt Says Shortened Delivery Times The New 'Normal'
If there are any certainties in online commerce they may boil down to these statements: Contactless is here to stay, and the...
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1.6KInvestmentsGett Raises $115 Million For On-Demand Business Ride-Hailing Platform
Ground travel software company Gett has completed a funding round with $115 million, the company wrote in a blog post. The company...
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1.7KeCommerceAdobe: Holiday Online Shopping Topped $188.2 Billion
The 2020 holiday season was rife with online shopping, which hit a record $188.2 billion, or two years' worth of growth, according...
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2.1KIPOAffirm IPO Now On Track To Raise More Than $1.1 Billion
Affirm, which provides installment payments to online consumers, priced its planned initial public offering (IPO) at $49 per share, higher than its...
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3.3KMobile ApplicationsFew (Though Intriguing) Shifts In Latest Provider Ranking Of Aggregator Apps
Aggregators like to aggregate, clearly. They do it better than ever these days. And as goes the business of platform aggregators, so...
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2.8KB2B PaymentsBirmingham Bank Launches From Bira Bank To Serve SMBs
Birmingham Bank is launching in the U.K. to help serve small- to medium-sized businesses (SMBs), according to a report from BDaily. The...
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2.9KB2B PaymentsBilltrust To Make NASDAQ Debut, Trading As BTRS
Billtrust, which works in accounts receivable automation and integrated B2B payments, has completed a special purpose acquisition company (SPAC) merger with South...
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5.1KBitcoinBitcoin Daily: 20 Pct Of Bitcoin Trapped In ‘Lost’ Wallets; Goldman Says Bitcoin Is Maturing
Goldman Sachs Global Head of Commodities Research Jeff Currie told CNBC the bitcoin market is maturing. “I think in any nascent market...
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5.7KInvestmentsStarbucks Launches $100 Million Fund To Support SMBs
Starbucks announced on Tuesday (Jan. 12) that it is investing $100 million from now through 2025 to support small businesses located in...
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4.1KVISAVisa Halts All Political Donations For Now After Capitol Attack
Visa has suspended all political donations for the time being, Reuters reported on Tuesday (Jan. 12). The payments giant said it had suspended the...
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4.0KPartnerships / AcquisitionsVisa Opts Out Of Plaid Acquisition, Cites Complex Litigation
Visa has opted out of its $5.3 billion planned acquisition of Plaid after objections stemming from a Department of Justice (DOJ) antitrust...
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4.5KRetailRestaurant Holiday Gift Card Sales Disappoint
Customer experience management platform provider Paytronix released its holiday gift card report on Tuesday (Jan. 12) and found a mixed bag for...
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3.2KBankingWells River Savings Bank To Access TCH’s RTP Network
Wells River Savings Bank will gain access to the RTP® network built by The Clearing House (TCH) via SHAZAM, Inc., according to...
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2.4KRetailToday In Retail: Dollar Shave Club Names New CEO; Albertsons Registers Digital Sales Growth Spike
In today’s top retail news, Dollar Shave Club (DSC)’s board of directors have named a new CEO for the brand, while Albertsons...
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1.9KInternationalToday In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System
In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450...
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1.5KCoronavirusInternational Travelers Will Likely Need Negative COVID Test To Visit US
Travelers from abroad seeking to visit the U.S. could have to prove they had a negative test for the coronavirus before getting...
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1.8KSecurity & FraudCommerzbank Cautioned BaFin About Wirecard Months Before Scandal
Commerzbank warned German financial watchdog BaFin about Wirecard's illicit activity early in 2020, before the payment giant's scandal of missing money came...
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2.2KDeliveryWalmart Partners With HomeValet On Smart Box Technology For Fresh Deliveries
Retail giant Walmart is teaming up with delivery solutions startup HomeValet to launch a test pilot that would bring fresh groceries to...
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2.4KB2B PaymentsB2B Payments Firm Modern Treasury Lands $38 Million
Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. 12)...
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2.1KB2B PaymentsLightspeed Rolls Out Vendor Network For SMBs
Montreal-based omnichannel commerce platform provider Lightspeed has unveiled the “initial availability” of the Lightspeed Supplier Network for merchants in North America. Merchants...
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2.0KInternationalUK, EU Begin Negotiations Over Financial Services Regulation
The United Kingdom and European Union are set to begin talks on how to regulate the financial services sector now that Brexit...
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2.0KInvestmentsCheckout.com Closes $450 Million Series C For $15 Billion Valuation
London-based digital payments firm Checkout.com has tripled its valuation to $15 billion after closing a $450 million series C funding round led...
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2.0KNewsToday In Payments: Demand For Personal Computers Highest In 10 Years; Curve Notches $95 Million Series C For US Expansion
In today’s top news, personal computers recorded their largest sales numbers in 10 years in 2020, and the FinTech Curve raises $95...
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1.6KCoronavirusUber Teams With Moderna, Joins Lyft In Asking Biden For Part In Vaccine Push
Rideshare giants Uber and Lyft are executing separate strategies to assist in raising awareness about the coronavirus vaccine while also assisting in...
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2.0KCryptocurrencyDebate Looms Over Crypto Privacy, Security And Regulation
In the starkest terms, the latest regulatory debate over cryptocurrencies – as with so much else in the financial sphere – comes...
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1.8KB2B PaymentsToday In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink
Today in B2B payments, some small businesses received less than $99 in Paycheck Protection Program (PPP) loans, and U.S. bank profits are...
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1.2KInnovationMercedes, BMW Hit The Open Road With Voice Technology At CES
Humans have long anticipated artificial intelligence (AI), but if one had asked the average fan whether they would ever have an AI...
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1.6KSecurity & FraudRakuten Mobile Employee Arrested, Accused Of Stealing SoftBank Secrets
An ex-employee of SoftBank, a major Japanese wireless carrier, was reportedly arrested on Tuesday (Jan. 12) on suspicion of stealing trade secrets...
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1.7KDeliveryVerizon, UPS Team Up On Drone Delivery For Retail
Verizon, Verizon’s Skyward unit and UPS Flight Forward are teaming up to provide drone delivery for retail products using Verizon’s 4G LTE...
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1.5KInnovationeCommerce Veterans Get $150 Million For Firm That Buys Digital-First Businesses
Two former Zulily executives have landed more than $150 million to fuel Cap Hill Brands, which plans to buy profitable, “digitally native”...
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1.5KInnovationP&G Leads Parade Of Connected Products As CES 2021 Becomes Smart Home Show
If necessity is the mother of invention, then marketing is the art of creating needs you never knew existed. Nowhere is that...
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1.6KCoronavirusVaccine Distribution Set To Expand; New Data Shows Digital-First Behavior Will Continue
The COVID-19 vaccine is being distributed, but logistical hiccups, differing local priorities and the simple scale of trying to vaccinate hundreds of...
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1.4KStartupsGermany’s Delivery Hero Introduces Its Own Venture Capital Fund
German food delivery platform Delivery Hero is launching its own early-stage venture capital (VC) firm — DX Ventures — that will be...
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1.8KMobile CommerceMobile Wallet Provider Mynt Pulls In $175 Million In Funding
Globe Fintech Innovations of the Philippines, the FinTech arm of Globe Telecom and the operator of the mobile wallet GCash, has landed...
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1.8KRetailWalmart Eyes FinTech Expansion With Ribbit Capital Partnership
For Walmart, FinTechs are in sight — but where to from here? As reported, Walmart is working with Ribbit Capital to create...
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1.8KRetail‘Organized Retail Crime’ Is Growing (And Not Just Because Of The Pandemic)
Organized crime rings are taking advantage of the pandemic, looser police enforcement and a softening in anti-shoplifting laws to swipe tons of...
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2.0KRetailSalesforce Unveils Loyalty Management Platform For Businesses As Online Sales Boom
Salesforce is rolling out a new product to let B2C and B2B companies easily add loyalty programs at a time when the...
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1.4KToday In DataOpportunities And Hurdles In The Evolution Of Retail
Outstanding Foods is developing non-meat equivalents of bacon seasoning, pork rinds and other piggy products for the direct-to-consumer (D2C) and retail markets. In subscriptions, Amazon Prime and Walmart+ saw...
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1.5KRetailZing Bars Grows D2C Channel For Healthy Snacks Amid Pandemic
Nutritionist-turned-entrepreneur David Ingalls says that what makes his Zing Bars stand out from the healthy-snacks crowd is that competing products either taste...
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1.2KRetailAlbertsons Reports 225 Pct Digital Sales Growth
Albertsons Companies, Inc. reported digital sales growth of 225 percent and identical sales growth of 12.3 percent as part of its Q3...
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1.1KCoronavirusWhite House: New Vaccine Guidelines To Expand To Seniors 65+
The Trump administration is expected to provide new COVID-19 vaccination guidelines that will include extending vaccine eligibility to anyone 65 years of...
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1.4KRetailDollar Shave Club Names New Chief Executive Officer
The Dollar Shave Club (DSC) Board of Directors has named Jason Goldberger to be the brand's new CEO effective Jan. 19. Goldberger...
