News

B2B Payments
HighRadius and Riveron Partner on Finance Modernization
October 19, 2021

Artificial intelligence-fueled cash and treasury management software platform HighRadius announced on Monday (Oct. 18) it is teaming up with business advisory firm Riveron to improve automation for businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Avalara Buys CrowdReason, Boosts Property Tax Compliance Offering
October 19, 2021

Avalara has bought CrowdReason, which works on developing Software-as-a-Service (SaaS) property tax compliance applications, to help businesses manage that kind of service, Seeking Alpha reported Monday (Oct. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Rent the Runway Aims at $21 a Share for IPO on $1.5B Valuation
October 18, 2021

Rent the Runway, a clothing-rental business, will pursue as much as a $1.5 billion valuation in its initial public offering (IPO) next week, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
US Needs Privacy Standard Like GDPR, Alphabet’s Pichai Says
October 18, 2021

Sundar Pichai, CEO of Google’s parent company Alphabet, said in a recent interview that there would be a need for new regulations, specifically for privacy standards similar to what is in place in Europe, along with a need for the U.S. to stay competitive in...

IPO
Nordstrom, Kohl’s and Macy’s Stock up on News of Saks’ Potential IPO
October 18, 2021

Macy’s stock jumped more than 17% Monday (Oct. 18) to $28.24 per share as reports swirled about Saks Fifth Avenue possibly taking its eCommerce arm public at some point, possibly in the first half of next year. Get the Full Story Complete the form to...

eCommerce
Inside Allegro: Five Things to Know About the Leading eCommerce Platform in Poland
October 18, 2021

Amazon, eBay and Chinese platforms dominate the global eCommerce space, but Polish eCommerce firm Allegro has earned its stripes as one of the most popular such platforms in Poland and one of the top eCommerce brands in central Europe. Get the Full Story Complete the...

Delivery
UNFI, DoorDash Team to Offer On-Demand Delivery Services to Independent Merchants
October 18, 2021

United Natural Foods Inc. (UNFI) has signed a reseller agreement with DoorDash to provide on-demand grocery delivery services to independent retailers, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Proposed Bill Requires Ransomware Victims To Disclose Payments To Homeland Security
October 18, 2021

Victims of cyberattacks involving ransomware payments would have to report payouts to the Department of Homeland Security (DHS) under the Ransomware Disclosure Act proposed by Sen. Elizabeth Warren (D-Massachusetts) and Rep. Deborah Ross (D-North Carolina). Get the Full Story Complete the form to unlock this article...

Bitcoin
Bitcoin Daily: Stablecoin X8 Expected to Debut in Early 2022; Crypto Group Says Stablecoins Shouldn’t...
October 18, 2021

Swiss-based FinTech X8 will move forward with plans to issue a new stablecoin in the first quarter of 2022, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...