News

B2B Payments
FOO and NymCard Offer End-to-End Payment Solutions to MENA Business Owners
March 07, 2022

FOO, a business-to-business (B2B) software-as-a-service (SaaS) platform based in the United Arab Emirates (UAE), and NymCard, a banking-as-a-service (BaaS) and card provider serving the Middle East and North Africa (MENA), have teamed up on digital payment services for businesses across the region, according to a...

Investments
CIBC Pledges $12M to Help Salon-Booking App Phorest Grow
March 07, 2022

London-based CIBC Innovation Banking has invested $12 million in growth financing in Phorest, an online booking and management software platform for salon owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Post-Purchase Platform Narvar Launches Home Pickup
March 07, 2022

Post-purchase platform Narvar has launched Home Pickup, a “carrier agnostic” return service that lets shoppers schedule a courier to pickup return packages from their homes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fintech Investments
Today in FinTech: Collab Brings Perks; Canada’s Loanz Heads to US; AutoFi Funding Goes Towards...
March 07, 2022

In today’s FinTech news, J.P. Morgan tells PYMNTS that there are many benefits buyers and sellers can realize when they collaborate, while Canadian FinTech lender Loanz plans to expand into the U.S. Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
DoorDash Announces on-Demand Office Supply Delivery
March 07, 2022

As food delivery aggregators look to improve the economics of their business model by diversifying into new categories, DoorDash is getting into office supply delivery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
Citcon Brings eCommerce Payments to South Korea, Japan
March 07, 2022

California-based Citcon, a mobile wallet payment provider, has expanded its global footprint to South Korea and Japan, the company announced Monday (March 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Average Marketplace Seller Waits 3.3 Days to Get Paid
March 07, 2022

Many small sellers rely on digital marketplaces to stay afloat. Still, they face an ongoing challenge when it comes to promptly receiving the sales proceeds they generate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Intel’s Self-Driving Car Unit, Israeli Firm Mobileye, Files for IPO
March 07, 2022

Intel Corp.’s self-driving car division, Mobileye, has filed for an initial public offering (IPO), Bloomberg reported Monday (March 7), a few months after the chipmaker said it was planning to go public in the middle of 2022. Get the Full Story Complete the form to unlock...

Retail
Kohl’s Promises ‘Reinvention,’ Aims to Make French Retailer Sephora a $2B Business
March 07, 2022

Kohl’s CEO Michelle Gass defended the company’s progress at refreshing its brand Monday (March 7) amid investor pressure on the department store to consider a sale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...