News

Retail
Mattress Company Casper to Go Private
November 15, 2021

Casper Sleep Inc. announced on Monday (Nov. 15) that it has agreed to be acquired by Durational Capital Management in a deal that will take the mattress company private. Durational Capital will pay $6.90 per share, a 94% premium over the closing price on Friday...

Security & Fraud
ACI Worldwide Rolls out New Tech to Fight Real-Time Payments Fraud
November 15, 2021

ACI Worldwide is introducing its proprietary Network Intelligence Technology to give banks and payment providers the ability to share fraud signals and better use machine learning capabilities to detect and fight deception, according to a press release on Monday (Nov. 15). Get the Full Story...

Partnerships / Acquisitions
Aussie BNPL Firm Zip Closes Twisto Acquisition
November 15, 2021

Global buy now, pay later (BNPL) company Zip Co Limited has finalized its 89 million euro acquisition deal for BNPL firm Twisto Payments, a move that gives Zip access to to all 27 member states of the European Union (EU). Get the Full Story Complete...

Artificial Intelligence
DataRobot Launches Comprehensive Industry-Specific AI Solution
November 15, 2021

Artificial intelligence (AI) cloud platform DataRobot is rolling out a banking-specific tool as part of its new comprehensive solution that delivers industry-tailored AI capabilities to multiple sectors, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this...

B2B Payments
Builders Targeted for New BNPL Plan to Ease Pain of Pricey Materials Purchases
November 15, 2021

The construction industry has one of the longest days sales outstanding (DSO) — an average of 83 — so it seems a product that would let these professionals pay for the supplies they need without having to foot the entire cost upfront would be a...

Payments Innovation
Making Online Checkout Better Starts at the Beginning, Not the End
November 15, 2021

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 receive marketing communications from PYMNTS and...

Banking
Bank Branch Fees Instituted in Europe to Reduce In-Person Transactions
November 15, 2021

Branch usage fees are being instituted by banks across Europe to lower the number of in-person transactions that could have been accomplished online, Reuters reported on Monday (Nov. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Investment Capital Finds Its Place at the Intersection of Software and Payments
November 15, 2021

It may seem like a lifetime, but it was only a few years ago — nearly three, in fact — when the payments mega-deals began to surface. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

eCommerce
What Online Merchants Get Right and Wrong at the Checkout
November 15, 2021

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 receive marketing communications from PYMNTS and...