News

Retail
Walmart, Yahoo Beef up Social Commerce, AR Offerings for Holiday Shoppers
December 06, 2021

Walmart and Yahoo are continuing their holiday shopping-related partnership, leaning into new augmented reality (AR) and digital opportunities, Retail Dive reported Monday (Dec. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bitcoin
Bitcoin Daily: Zimbabwe Central Bank Eyes CBDC; Visa Fast Track Welcomes Embily Bitcoin Card
December 06, 2021

The central bank in Zimbabwe will be looking into a digital currency as opposed to letting cryptocurrencies become legal tender, Bloomberg said Monday (Dec. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Postmates’ Serve Closes $13M Round to Increase Delivery Robots
December 06, 2021

Postmates’ robotics division, which spun off as Serve Robotics in February of this year following last year’s purchase of Postmates by Uber,  announced an expanded $13 million seed funding round on Monday (Dec. 6). Get the Full Story Complete the form to unlock this article...

News
OCC Urges ‘Caution’ for FIs Offering Crypto-Related Financial Services
December 06, 2021

Caveat emptor, goes the Latin warning. 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 agree to...

Partnerships / Acquisitions
Yellow, Openware Join Forces to Scale Blockchain Services
December 06, 2021

Yellow.com and Openware will be merging to make a new global settlement network, the companies announced Monday (Dec. 6), with the combined company name being Yellow Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Months After Ban, Binance Renews Focus on UK Launch
December 06, 2021

Binance will be looking more into rolling out its services in the U.K., after initially facing turbulence on those plans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Today in Retail: Kohl’s Urged to Spin-Off eCommerce Business; Retailers Pay Customers to Pick Up...
December 06, 2021

In today’s top retail news, Rakuten and Afterpay are partnering on a new rewards program for customers of both companies, while department store chain Kohl’s is being urged to follow in the footsteps of Saks and others in spinning off its digital business. Also, retailers...

Investments
Hometap Nets $60M in Fresh Capital for Home Loan Platform
December 06, 2021

Home loan platform Hometap on Monday (Dec. 6) announced that it raised $60 million in fresh operating capital through a funding round that will help the company offer its services to more customers in new ways. Get the Full Story Complete the form to unlock...

Investments
Bizongo Valued at $600M After $110M Series D Fundraising Round
December 06, 2021

SmartPaddle Technology Pvt. Ltd, which owns and operates packaging materials platform Bizongo, has raised ₹825 crore ($110 million) through its recent Series D fundraising round, according to regulatory filings, Mint reported Monday (Dec. 6), putting its value at ₹4,500 crore ($600 million). Get the Full...