News

Partnerships / Acquisitions
Payment Platform Omise, i2c Partner on Payments Programs in Southeast Asia
November 16, 2021

Digital payments and banking technology firm i2c has partnered with online acceptance and payments platform Omise, the companies announced Tuesday (Nov. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Bitcoin
Bitcoin Daily: DeFi Platform ALEX Nets $5.8M in Funding; Bitcoin Value Dips, Recovers on China...
November 16, 2021

Decentralized finance (DeFi) platform ALEX announced on Monday (Nov. 15) new financing in the amount of $5.8 million, which will go toward the company goal of building its trustless, blockchain-based DeFi services. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
Remitter to Partner With Visa Ready Program for Expansion
November 16, 2021

Remitter, a digital communication platform which uses artificial intelligence (AI), has partnered with the Visa Ready Fintech Enablement Certification Program, according to a Tuesday (Nov. 16) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Today in Retail: October Retail Sales Up 1.7%; Walmart Earnings Show Shoppers Returning to Stores
November 16, 2021

In today’s top retail news, retail sales grew for the third month in a row in October, while Walmart says its omnichannel approach and infrastructure investments have prepared it to meet customer demand this holiday season. Also, Chase has partnered with delivery platform Gopuff to...

Artificial Intelligence
Google Developer Knocks Future of Voice Search Despite Major AI Advances
November 16, 2021

A top Google software engineer is causing some controversy — and possibly dropping hints — by downplaying the future of voice-enabled search in favor of other modalities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
U.S. Bank Acquires Travel Expense Platform TravelBank
November 16, 2021

U.S. Bancorp — the parent company of U.S. Bank — will acquire TravelBank, a FinTech offering all-in-one travel and expense management solutions.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Today in Restaurant and Grocery Tech: Walmart Sees Grocery Gains; ‘Just Walk Out’ Comes to...
November 16, 2021

Today in restaurant and grocery tech news, Walmart leverages its low prices to gain share in grocery, while Sainsbury’s in London opens the first store outside the U.S. with Amazon’s white-labeled Just Walk Out frictionless checkout. Plus, Drizly and 7-Eleven team up for on-demand alcoholic...

Faster Payments
CIT Debuts Amenities Payment Feature
November 16, 2021

CIT Group Inc.’s Community Association Banking division has launched a new amenities feature in C-PropertyPay, a secure payment system to help residents and association members pay their dues, rent and other shared services fees online or via a mobile app, according to a company announcement...

B2B Payments
59% of CFOs Say Digital Payments Key to Better Balance Sheets
November 16, 2021

U.S. businesses are using digital channels to make and receive more payments than ever, using supplier portals, app-based payments and other online methods to send and receive funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...