News

B2B Payments
Sustainable Supplier Marketplace Novi Raises $10.3M
September 07, 2021

B2B marketplace Novi has raised $10.3 million in a Series A funding round, Forbes reported. 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,...

International
Today in Payments Around the World: FAT Brands Opens Ghost Kitchens in Middle East, Western...
September 07, 2021

Today in payments around the world, First Abu Dhabi Bank is selling its stake in payments division Magnanti and PayMyTuition partners with dLocal on international tuition payments. Plus, KYODIA and Western Union team up on cross-border B2B money transfers and FAT Brands is opening 70...

Bitcoin
Bitcoin Daily: El Salvador McDonald’s Locations Allow Crypto Payments; Grupo Elektra Adopts Bitcoin Payments
September 07, 2021

McDonald’s El Salvador will now be accepting bitcoin payments in partnership with bitcoin payment processor OpenNode, 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 — no additional logins...

Retail
Today In Retail: Walmart on the Cusp of Losing Auto Parts Lead; Consumer Schedules Dictate...
September 07, 2021

In today’s top retail news, Walmart’s lead over Amazon in the auto parts category is all but gone after the box store giant lost 6 percentage points of share in the past year, while PYMNTS research shows how the acceleration of eCommerce has fundamentally changed...

Retail
Today in Restaurant and Grocery Tech: McDonald’s El Salvador Takes Bitcoin; FAT Brands to Open...
September 07, 2021

Today in restaurant and grocery tech news, McDonald’s responded to El Salvador’s move to accept bitcoin as national currency by accepting the cryptocurrency at all its restaurants in the country, while FAT brands announced that it would open 70 virtual kitchens across five Middle Eastern...

B2B Payments
India’s Ramagya Debuts B2B eWholesale Platform
September 07, 2021

India’s Ramagya Group has launched B2B eCommerce platform Ramagya Mart, which is focused exclusively on home appliances, according to a Tuesday (Sept. 7) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
Mastercard To Buy Denmark’s Open Banking Tech Firm Aiia
September 07, 2021

Mastercard has agreed to acquire Danish open banking technology company Aiia to expand its open banking reach, according to a Tuesday (Sept. 7) press release. Terms of the deal were not disclosed. Get the Full Story Complete the form to unlock this article and enjoy...

Digital Banking
Standard Chartered Seeks Digital Banking Permit in Singapore
September 07, 2021

The U.K.’s Standard Chartered bank is embarking on a joint venture deal with Singapore’s National Trades Union Congress (NTUC) to launch a digital-only bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
KYODAI Collabs with Western Union for Cross-Border B2B Payments in Japan
September 07, 2021

Tokyo’s KYODAI Remittance is collaborating with Western Union (WU) to introduce cross-border, business-to-business (B2B) money transfers for corporate clients in Japan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...