News

Retail
Yoox Debuts Online High-End Fashion Marketplace
January 24, 2022

Online high-end fashion retailer Yoox launched its first marketplace in 30 countries across Europe on Jan. 20, saying it will integrate small businesses and brands and enhance its assortment of product offerings. Get the Full Story Complete the form to unlock this article and enjoy...

International
Greek Media Reports: JPMorgan Considers Buying Into Viva Wallet
January 24, 2022

U.S. bank J.P. Morgan Chase could soon acquire almost half of cloud-based Greek payments company Viva Wallet, according to Greek media reports Monday (Jan. 24) that didn’t identify their sources but were cited by Reuters. Get the Full Story Complete the form to unlock this...

B2B Payments
FinTech Lenders Help Subcontractors Prime the Pump for Their Next Jobs
January 24, 2022

Commercial construction, a $900 billion industry in the U.S., has the longest days sales outstanding (DSO) of any mature industry — 83 days. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Digital Banking
Today in FinTech: Chime’s IPO Move Fires up Digital Banking; FinTech Unicorns Break Records in...
January 24, 2022

In today’s FinTech news, Chime’s move toward an initial public offering (IPO) has turned the spotlight on digital banking’s acceleration into the mainstream of financial services, and Latin America is seeing FinTech unicorns being funded. Plus, credit unions (CUs) are going after new customers, armed...

eCommerce
Grocers Must Connect the Digital Dots or Risk Losing Customers to Competitors
January 24, 2022

As grocers look to escape their reliance on third parties such as Instacart by building their own eCommerce businesses, there are many factors they must juggle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
German Publishers Oppose Google’s Plan to End Third-Party Cookies
January 24, 2022

Google started the week off with another complaint. 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 completing this form, you...

Security & Fraud
PYMNTS Crypto Crime Series: In India Hacking Case, Bitcoin Trail Leads to Hamas
January 24, 2022

Three years ago, the digital wallet of a west Delhi, India, cryptocurrency investor was hacked, and more than a half million dollars in bitcoin, ether and Bitcoin Cash was taken. Delhi police revealed Monday (Jan. 24) that the stolen funds made their way to Hamas....

Investments
Truck Financing FinTech BasicBlock Raises $78M
January 24, 2022

BasicBlock Inc., a FinTech that provides financing for the trucking industry, has completed a $78 million debt and equity raise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Financial Crime Swamps Government Efforts, Demanding a High-Tech Approach
January 24, 2022

Financial crime — you can call it economic crime, too — is, of course, everywhere. 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,...