News

Investments
Auto FinTech Caribou Valued at $1.1B After $115M Funding Round
May 20, 2022

Caribou, a FinTech that focuses on automobile installment loan payments, has completed a $115 million Series C funding round, according to a Friday (May 20) press release. The company’s valuation is now $1.1 billion. Get the Full Story Complete the form to unlock this article...

Retail
AMZN vs WMT Weekly: Retailers Limp Into Normally Sizzling Dog Days of Summer
May 20, 2022

With the official kick-off of summer just a week away and our instinctive perennial urge to get outside, go places, have fun and relax poised to kick in, this year’s hot season looks set to be different than what we’ve come to expect in recent...

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...