News

Retail
Retailers Rush to Rethink Stores Amid Shift to Digital, Experiential Shopping
May 20, 2022

For a minute there in 2020 and 2021, it seemed like most retail stores might be turned into indoor playgrounds or just abandoned because in-store shopping was over — except it isn’t. Stores have come to embody the “whatever doesn’t kill you makes you stronger”...

Investments
FloorFound Nets $10.5M to Expand Its Recommerce Platform
May 19, 2022

Recommerce company FloorFound has gotten $10.5 million in Series A financing, a press release said  Thursday (May 19). 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...

B2B Payments
China’s Zhangle Global Debuts Cash Pro Management Tool
May 19, 2022

Huatai International announced that Zhangle Global has released Cash Pro, a new cash management service designed to help investors with a new low-risk and liquid option, Taiwan News reported Thursday (May 19). Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Fraud Tech Firm Tovera Debuts NFT Verification Tool
May 19, 2022

Tovera, which fights online fraud, has rolled out a new platform to combat NFT fraud, a press release said Thursday (May 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

POS Innovation
Square Launches Mobile Restaurant POS Platform
May 19, 2022

Square debuted a set of solutions for restaurants Thursday (May 19), which will reportedly allow for better tableside service and order management. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
G-7 Calls for ‘Consistent and Comprehensive’ Crypto Regulation
May 19, 2022

Financial leaders from the Group of Seven (G-7) have called for the Financial Stability Board to develop “consistent and comprehensive” cryptocurrency regulation, Reuters reported Thursday (May 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Today in B2B: Zilliant Launches Quick Start Program; ACH Is Online Payment of Choice
May 19, 2022

Today in B2B payments, B2B software maker Zilliant launches its Quick Start program for faster deployment, while ACH transfers are the most prominent form of online B2B payments. Plus, Vertice raises $36 million, and B2B payments are at more than double the pace of B2C...

Security & Fraud
FTC to Issue $152M in Checks to Additional Victims of AMG Services
May 19, 2022

The Federal Trade Commission announced Thursday (May 19) that it will mail 690,000 checks, amounting to over $152 million, to customers who were defrauded by a payday lending fraud scheme run by AMG Services and the company’s owner, Scott Tucker. Get the Full Story Complete...

Investments
Xendit Raises $300M to Grow Payments Platform
May 19, 2022

Southeast Asia payments platform Xendit closed a $300 million Series D funding round that brings its total investment capital since 2015 to $538 million, according to a Thursday (May 19) press release. The company plans to use the fresh capital to continue its expansion of...