News

Biometrics
Facial Recognition Developer Clearview AI Agrees to Limit Database Sales
May 09, 2022

Facial recognition software maker Clearview AI has settled a lawsuit from the American Civil Liberties Union (ACLU) and will limit access to its face database in the U.S. to government agencies rather than a myriad of American companies, The New York Times reported Monday (May...

Delivery
Tech Giants Make Moves to Capture Rising eGrocery Sales
May 09, 2022

Online grocery is no longer just the purview of brick-and-mortar incumbents and emerging eCommerce startups. Major technology companies are also making moves into the space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Today in Retail: Hasbro Board Urges Shareholders to Keep Them Around; 7-Eleven Wants to Add...
May 09, 2022

Today in retail, Kohl’s board of directors is fighting a takeover bid by an activist investor, while Hasbro’s board urges shareholders to keep them and Puma is trying to capture the women’s market. Plus, grocery stores’ in-store apps make shopping an omnichannel experience, PayPal is...

Investments
$62.5M Fundraise Values Self-Checkout System Mashgin at $1.5B
May 09, 2022

Mashgin, a touchless self-checkout system powered by artificial intelligence (AI) and computer vision, has raised $62.5 million in a Series B funding round that values the business at $1.5 billion, according to a Monday (May 9) press release. Get the Full Story Complete the form...

B2B Payments
Today in B2B: Aspire Turns Its Focus to NeoGames Merger After Strong Q1 Earnings; Price...
May 09, 2022

Today in B2B payments, BlueSnap gets a license to help Israeli companies with finances while Australian site Price My Car partners with Nodifi to offer finance solutions. Plus, Mastercard and Enterprise Nation team up on a small business support app and B2B gambling group Aspire...

B2B Payments
Tech Firms Put B2B Billing, Subscription Management on Top of Their To-Do Lists
May 09, 2022

For B2B technology firms, being able to offer subscription and payment plan flexibility is both a key priority and a challenge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Travel-Tech Firm Hotailors Adds New Capital, Rebrands
May 09, 2022

Another company in the hot travel-tech space has landed a major investment. 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 daily newsletter, PYMNTS Today. By...

Investments
Egyptian FinTech Paymob Raises $50M in Record-Setting Series B
May 09, 2022

Egyptian merchant financial services Paymob has raised $50 million in Series B financing, reportedly the largest such funding for a FinTech in that country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
With Athletic Apparel and Footwear in Disarray, Puma Pounces With Push For Women 
May 09, 2022

Demand for casual clothes, streetwear and athletic footwear may still be the hottest corner of the apparel universe but the sector’s top players are all struggling to find traction in a slippery and changing marketplace. Get the Full Story Complete the form to unlock this...