News

B2B Payments
47% of Businesses Say the Pandemic Has Affected Their Payment Acceptance Capabilities
January 13, 2022

Companies of all types have had to adjust quickly to pandemic-driven changes in how businesses and individuals shop and pay. Business-to-business (B2B) companies that have yet to implement the digital payment tools their clients and partners have come to expect must work quickly to do...

Partnerships / Acquisitions
NextSmartShip Forms eCommerce Deal With LyncMed
January 13, 2022

The eCommerce fulfillment service provider NextSmartShip announced Thursday (Jan. 13) it had formed a partnership with LyncMed, an eCommerce medical instrument platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
After $1B Fundraise, Checkout CEO Says Company Is 100% Enterprise Focused
January 13, 2022

Two days after his company announced it had raised $1 billion, Checkout.com Founder and CEO Guillaume Pousaz appeared on CNBC’s TechCheck, where host Deirdre Bosa posed a question. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Consumer Frustration with Out-of-Stocks Presents eGrocery Opportunity
January 13, 2022

Once again, United States grocery shortages are making headlines, and consumers growing frustrated with these out-of-stocks. Weather events, COVID-19 surges, and consequent labor challenges, among other factors, are making it increasingly difficult for grocers to keep shelves full. For grocery shoppers, for whom inventory availability...

B2B Payments
B2B Marketplace Aims to Simplify Nuts-and-Bolts Procurement Processes
January 13, 2022

The fastening products industry is complex, involving myriad back-order products, custom requests and specific documentation about test reports and compliance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
Justworks Cites Market Conditions for US IPO Delay
January 13, 2022

Justworks Inc. is delaying its U.S. initial public offering (IPO) because of market conditions, Reuters reported Wednesday (Jan. 12), squelching plans to sell 7 million shares between $29 and $32 and rake in up to $224 million, per a filing earlier this month. Get the...

B2B Payments
FundThrough Buys BlueVine Invoice Factoring Division
January 13, 2022

FinTech FundThrough on Thursday (Jan. 13) announced it has acquired financial technology company BlueVine’s invoice factoring business, accelerating its strategic focus on embedded finance and its expansion efforts in the U.S., doubling the company’s American client base. Get the Full Story Complete the form to...

Security & Fraud
Scammers Using Fake QR Codes on Parking Meters to Divert Payments
January 13, 2022

Parking meters are the latest avenue fraudsters are hitting, with police in several cities warning people to watch for fake QR codes intended to intercept payments and steal credit card information, according to multiple reports on Thursday (Jan. 13). Get the Full Story Complete the...

Wearables
5G Connectivity Expands the Capabilities of Glass Wearables
January 13, 2022

With the addition of 5G connectivity to glass wearables, technicians, engineers, warehouse workers and other remote employees will be able to employ the low latency of 5G while continuing to work hands-free rather than having to hold a phone. This will enable a supervisor to...