News

B2B Payments
Wells Fargo Unveils AI-Boosted Integrated Receivables Service
September 08, 2021

Wells Fargo & Company announced on Wednesday (Sept. 8) the availability of Integrated Receivables, a new accounts receivable (AR) service rooted in artificial intelligence (AI), machine learning and robotic processing that simplifies payment and remittance data capture, re-association and invoice matching. Get the Full Story...

IPO
Dutch Bros Seeks $3.3B IPO Valuation amid Drive-Thru Growth
September 08, 2021

Consumers increasingly want their morning caffeine fix from the comfort of their car. Coffee quick-service restaurant (QSR) chain Dutch Bros. is aiming to raise over $421 million in its initial public offering (IPO), going for a valuation of more than $3.3 billion, per a filing...

Partnerships / Acquisitions
British Regulator Gives Nod to $4B Viagogo/StubHub Combination
September 08, 2021

The U.K.’s competition watchdog says it will allow the ticket resale websites Viagogo and StubHub to proceed with a $4 billion (£2.9 billion) merger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Afterpay Informs Australian Senate Stablecoin Could Clip Merchant Fees
September 08, 2021

In response to a government inquiry, Australian buy now pay later (BNPL) firm Afterpay told the Australian Senate that the use of cryptocurrency could shave merchant fees associated with payments and urged the government to develop a framework for an AUD-backed stablecoin. Afterpay is scheduled...

Partnerships / Acquisitions
Workday Plans To Buy Price Quote Platform Zimit
September 08, 2021

Finance and HR enterprise cloud platform Workday, Inc. has signed a definitive agreement to acquire configure price quote platform Zimit, giving the company a new way to help those in service industries. Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Three-Quarters of Mass Payment Recipients Want Payout Choice and Will Pay for It
September 08, 2021

Disbursements – and more specifically, mass payouts – are moving beyond the paper check and into the digital realm. 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...

Partnerships / Acquisitions
Global Payments to Buy MineralTree for $500M
September 08, 2021

Payments technology company Global Payments Inc. will pay $500 million to buy MineralTree, which provides accounts payable automation and B2B payment solutions.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
BankID and OneSpan Partner on Digital Banking Security
September 08, 2021

BankID will lean on the cloud authentication and anti-fraud offerings from digital banking platform OneSpan to “improve the customer experience and help secure one of the most widely used applications in Norway,” according to an announcement on Wednesday (Sept. 8). Get the Full Story Complete...

B2B Payments
Digital River, Chargify Team on B2B SaaS Management
September 08, 2021

The global commerce company Digital River announced on Wednesday (Sept. 8) that it has formed a partnership with Chargify, the billing/subscription management tool for B2B Software-as-a-Service (Saas) companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...