News

Digital Banking
SMB Digital Banking Startup Open Closes $100M Funding At $500M Valuation
October 12, 2021

Digital business banking startup Open raised $100 million in a funding round led by Temasek, with participation by existing investors Tiger Global and 3one4 Capital and new backers Google, Visa, and SBI Investment, Economic Times (ET) reported, citing sources. Get the Full Story Complete the...

B2B Payments
Billtrust Enhances Collections Capabilities With $58M iController Buy
October 12, 2021

Billtrust, the B2B accounts receivable automation and integrated payments company, has said it’s acquired iController, a B2B provider of collection management solutions, for $58 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Data Key to Supplier-Driven Payment Terms, Working Capital Control
October 12, 2021

In addition to cementing her place as the Queen of Soul, Aretha Franklin was pretty savvy when playing the payments game. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
B2B Payments Are No Longer ‘Business as Usual’
October 12, 2021

In order to adapt to changing economic forces, the B2B payments industry must first address two key obstacles: modernization and digitization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
Q3 Online Checkout Friction Index: Lack of Payment Choice Drives Cart Abandonment
October 12, 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...

IPO
NerdWallet IPO Filing Shows 21M Unique Visitors Per Month 
October 11, 2021

The pandemic had many people scrambling for answers about financial health and guidance. 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....

Retail
Today in Retail: Rising Cotton Prices Hit Apparel Brands; Walmart Adds Netflix Merchandise
October 11, 2021

In today’s top retail news, cotton prices have hit their highest level since 2011, adding to the issues apparel brands are facing, while Walmart is partnering with Netflix on products based on the streaming giant’s top shows. Also, British online retailer ASOS is parting ways...

Bitcoin
Bitcoin Daily: Pantera CEO Hesitant on Bitcoin ETF; Bitcoin’s Two-Week Rally Pushes Prices Above $57K
October 11, 2021

Pantera Capital CEO Dan Morehead said the cryptocurrency market is doing well, although a possible new bitcoin exchange-traded fund (ETF) could jeopardize the progress, Decrypt reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
Amazon Report: Singapore’s MSMEs Generate 45% of B2C eCommerce Exports
October 11, 2021

The annual value of business-to-consumer (B2C) eCommerce exports from Singapore will be around $1.03 billion in 2021, per a report from Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...