News

Investments
Pillar Raises $16.9M to Help Immigrants, Refugees Get Credit
April 21, 2022

Pillar raised 13 million pounds ($16.9 million) in a pre-seed funding round led by Global Founders Capital and Backed VC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Faster Payments
PayPal, Venmo to Change Instant Transfer Fees
April 21, 2022

PayPal has announced plans to change the fees related to its Instant Transfer offerings for U.S. consumers and merchants on PayPal and Venmo, according to a Thursday (April 21) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Today in Retail: Sleep Number Struggles to Meet Demand; Shopify Invests in Crossing Minds
April 21, 2022

Today in retail, Sleep Number struggles to meet demand as supply chain issues continue, while Shopify invests in recommendation platform Crossing Minds. Plus, Carvana continues its disappointing slide, Kroger develops in-house eCommerce fulfillment capabilities, and Tractor Supply continues to show success in eCommerce. Get the...

Artificial Intelligence
Instacart Brings AI Self-Service Checkout to Fenway Park
April 21, 2022

As consumers return to in-person experiences, point-of-sale (POS) technology providers are racing to become the go-to for sporting arenas, offering digital technologies to speed up the payment process, allowing eventgoers to spend more time in their seats. Get the Full Story Complete the form to...

IPO
New Product Launches, Expansions Don’t Cheer FinTech Investors as IPO Index Loses 3%
April 21, 2022

Product announcements, new pacts, cash back cards — none of it enough to give PYMNTS’ class of digital startups, newly trading on U.S. stock exchanges, a bounce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Delivery
Didi Will Stop Food Delivery in Japan as It Delists in US
April 21, 2022

Didi Global is shuttering its food delivery service in Japan on May 25 as it also moves to delist from the New York Stock Exchange, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
US, UK Businesses Adopt Payments Automation to Clear X-Border Hurdles
April 21, 2022

Automating and streamlining payment flows is on the roadmap for nearly all U.S. and U.K. decision makers. 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...

eCommerce
Shopify Invests in Recommendation Platform Crossing Minds
April 21, 2022

Recommendation engine Crossing Minds has secured a strategic investment from eCommerce internet infrastructure platform Shopify that makes the portal available to Shopify merchants looking to leverage individualized recommendations, according to a Thursday (April 21) press release. Get the Full Story Complete the form to unlock this...

B2B Payments
Billtrust’s KeyBank Partnership Now Includes B2B Invoice Delivery
April 21, 2022

B2B automation and integrated payments platform Billtrust has expanded its Business Payment Network (BPN) provider relationship with KeyBank with the addition of B2B invoice delivery on top of capturing payments and processing remittance data through a digital lockbox. Get the Full Story Complete the form...