News

Payment Methods
Bank of the West’s TreasuryNow Platform Enables Companies To Manage Payables, Cash Flow
November 09, 2021

On Tuesday (Nov. 9), BNP Paribas subsidiary Bank of the West debuted its new treasury management platform TreasuryNow, per a company press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
UK’s Giftchill Adds Crypto Gift Cards to Revamped Site
November 09, 2021

Online gift card retailer GiftChill has revamped its website and added new options for customers to purchase online gift cards with cryptocurrency, according to a Tuesday (Nov. 9) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Delivery
With Acquisition of Wolt, DoorDash Aims to Take on Uber Eats’ Global Reach
November 09, 2021

DoorDash continues to broaden the scope of its stated mission, this time with the acquisition of on-demand food and retail delivery service Wolt. Alongside the release of its third-quarter 2021 financial results on Tuesday (Nov. 9), DoorDash announced its roughly $8 billion deal with the...

Banking
PNC Treasury Management Debuts AI/ML-Equipped Cash Forecasting App
November 09, 2021

PNC Treasury Management on Tuesday (Nov. 9) debuted a cash management app called PINACLE Cash Forecasting, which uses artificial intelligence (AI) and machine learning (ML) technology to give companies an automated look at their financial futures. Get the Full Story Complete the form to unlock...

Cross-border Payments
Global Payment Orchestration Market Expected to Grow 20% Annually
November 09, 2021

When an enterprise starts doing B2B trade with a company in another nation, the seller quickly finds that it must meet the shopper’s payment preferences, accommodate local or regional regulatory requirements and manage other cross-border payment frictions. Get the Full Story Complete the form to...

Bitcoin
Bitcoin Daily: Bitcoin, Ether Hit New Record Highs; Criminals Go After Bitcoin ATMs; Landry’s, NYDIG...
November 09, 2021

Bitcoin and ether have reached new record highs as analysts posited that a rally in financial assets could be partly due to investors who are attempting to hedge against inflation, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy...

Acquiring
Bottomline Snaps up Bora Payments To Drive STP for Paymode-X
November 09, 2021

Bottomline Technologies has closed a $15 million cash deal to acquire Bora Payment Systems, the company announced in a press release Tuesday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Merchant Innovation
Airbase Offering Free Access To Spend Management Tools Plus More Cash Back
November 09, 2021

Spend management platform Airbase is expanding its corporate card offerings with a new Airbase Essentials package, the company announced in a press release Tuesday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Today in Retail: Resale Platforms Tout Immunity From Supply Chain; Macy’s Boosts Pay Amid Labor...
November 09, 2021

In today’s top retail news, The RealReal and thredUP see an opportunity to capture consumers as rivals struggle with their supply chains, while brands are set to capitalize on virtual sales as the metaverse goes mainstream. Also, Macy’s is taking steps to attract new employees...