News

Mobile Payments
ACI Launches PayPal, Venmo Mobile Payment Options for IRS Filers
March 08, 2022

ACI Worldwide, a real-time payments software company, is offering PayPal and Venmo payments to federal taxpayers, according to a Tuesday (March 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Merchant Innovation
Fanatics Enters Trading Card Space With Zerocool Launch
March 08, 2022

Sports retailer Fanatics is set to launch a brand of trading cards in a bid to move beyond sports and into a broader pop culture space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Retail Tech Firm Swiftly Raises $100M in Series B Round
March 08, 2022

Retail technology platform Swiftly secured $100 million in a Series B funding round that it will use to offer an enhanced digital shopping experience to more brick-and-mortar retailers, capture digital advertising dollars and build customer loyalty, according to a Tuesday (March 8) press release. Get the...

CFPB
The CFPB and BNPL: 3 Things to Watch
March 08, 2022

The Consumer Financial Protection Bureau (CFPB) opened an inquiry into buy now, pay later (BNPL) on Dec. 16, 2021. As part of that inquiry, the CFPB asked for five key BNPL providers to provide data intended to clarify the risks and benefits of this product...

B2B Payments
75% of Technology Firms View Their Payments Operations as ‘Somewhat Effective’ at Best
March 08, 2022

Competition and market demand are creating opportunities for technology firms, but they are also making back-office payment frictions worse. 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...

International
EU to Take Further Steps Against Russian Leaders, Belarus Banks
March 08, 2022

The European Union (EU) is set to pile on more sanctions targeted at wealthy Russians, their families and members of the Russian Parliament, diplomats told Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
ID Verification FinTech Thirdfort Raises $20M
March 08, 2022

ID verification firm Thirdfort announced this week it has raised $20 million thanks a recent investment from Breega and Element Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
From Levi’s to Danone, Brands Face High Stakes Decision on Russian Response
March 08, 2022

Since the fall of the Berlin Wall in 1989 and subsequent collapse of the former Soviet Union, Levi’s blue jeans have held a unique role in this part of the world, not only as a symbol of Western style and values, but as a garment...

Partnerships / Acquisitions
Orange, Masmovil Plan Merger, Launch of Spanish Telecom Division
March 08, 2022

French telecom carrier Orange and Masmovil Ibercom are working to consolidate the telecom market in Spain through a merger that would value the combined company at 19.6 billion euros (about $21.3 billion), Bloomberg reported Tuesday (March 8). Get the Full Story Complete the form to...