News

IPO
Platforms Continue Winning Streak as FinTech IPOs Outperform
June 02, 2022

Bit by bit, inch by inch, the FinTech IPO Index claws its way back. Thanks to the platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Regulation
EU Considers Adding Crypto, BNPL in Payment Directive
June 02, 2022

The European Commission has launched a public consultation to gather information for its review of the second EU Payment Services Directive (PSD2). The Commission has published two papers on this issue, a questionnaire for the general public and one for industry experts.  Get the Full...

Retail
Today in Retail: GameStop Increases Its Digital Focus; Fighting Back Against the Rise of Friendly...
June 02, 2022

Today in retail, Walmart’s eCommerce head refers to its 4,700 stores as “shoppable fulfillment centers.” Plus, online sneaker startup KicksCrew is expanding its reach, Walmart and Gap team up on a home collection for kids and online car marketplaces are spurring profits across the MENA...

IPO
Freightos IPO Filings Show Platforms’ Place in Logistics’ Digital Transformation
June 02, 2022

Embedded payments and the digitization of the supply chain are coming to a public market near you. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Regulation
Today in TechREG: EU Supervisors Seek Powers to Revoke Licenses for AML Breaches; California Wants...
June 02, 2022

Today in TechREG, three European Union supervisory authorities, including the banking and financial markets authorities, advocated for amending sectoral laws to include more powers to strip companies’ authorizations for serious breaches of anti-money laundering (AML) violations. In the U.S., the California Department of Financial Protection...

B2B Payments
Tech Data Debuts Indian B2B eCommerce Platform
June 02, 2022

Tech Data India has launched Peer Connexions, a B2B eCommerce platform designed to reflect the industry’s move toward digital commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Delivery
DoorDash Becomes Major International Competitor With Close of Wolt Acquisition
June 02, 2022

DoorDash is no longer just a heavyweight in the United States. The San Francisco-based restaurant aggregator announced Wednesday (June 1) the completion of its acquisition of Helsinki-based aggregator Wolt, growing the number of countries in which DoorDash operates nearly fivefold. Get the Full Story Complete...

Retail
Walmart’s New eCommerce Chief Calls Stores ‘Shoppable Fulfillment Centers’
June 02, 2022

Walmart U.S. Chief eCommerce Officer Tom Ward said shoppers have become more reliant on eCommerce since the start of the pandemic, and he sees his company as ready to embrace that transformation, as brick-and-mortar stores have a new place in our lives these days. Get...

B2B Payments
Lightspeed Commerce Launches B2B Platform
June 02, 2022

Commerce platform Lightspeed has launched a B2B platform for North American fashion, outdoor, and sports retailers, the Montreal-based company announced Thursday (June 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...