News

Partnerships / Acquisitions
Content Creation Firm Patreon Acquires Tech Recruiting Company
August 31, 2021

Patreon, an 8-year-old content creation platform that’s helped its users generate a combined $2 billion, has acquired technology recruiting firm Clear Talent, according to a Tuesday (Aug. 31) Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
HashCash Launches Spanish Supply Chain Project
August 31, 2021

The blockchain development consulting firm HashCash Consultants announced on Tuesday (Aug. 31) that it is working with a Spanish supply chain company to replace its infrastructure with IoT-on-Blockchain architecture. HashCash did not identify the company. Get the Full Story Complete the form to unlock this...

B2B Payments
B2B Payments Today: Speeding up Business Payments; New Money for Melio and Factors.ai 
August 31, 2021

Today in B2B payments, Finexio is focused on improving cash flow for all involved and Melio might hit $4B valuation. Plus, Digital River’s client base spikes and Factors.AI builds its team with new funding.  Get the Full Story Complete the form to unlock this article...

International
Entersekt Integrates BankID to Advance Authentication
August 31, 2021

Mobile-first FinTech authentication platform Entersekt is teaming up with Norway’s electronic identification solution BankID to offer financial institutions (FIs) in Norway a unified approach to managing identification protocols. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Marine Online Offers B2B Marketplace for Ship Supplies
August 31, 2021

Among the many things altered by the COVID-19 pandemic is the way ships purchase their supplies, a practice that’s now carried out primarily through eCommerce channels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
EZE Wholesale Aims to Conquer Africa’s Used Smartphone Trade Market
August 31, 2021

Second-hand smartphone broker EZE Wholesale is aiming to change how Nigeria buys and sells refurbished devices as the appetite for electronics grows amid a weak economy and a high population of poor households, Techcabal reported on Tuesday (Aug. 31). Get the Full Story Complete the...

Partnerships / Acquisitions
Russian Food, Grocery Delivery Company Yandex to Spend $1B to Buy Uber Stake
August 31, 2021

As part of a $1 billion cash deal, Russian-based Yandex will purchase Uber’s stake in its collaborative food, grocery and convenience store delivery efforts, as well as the companies’ joint self-driving business, according to a Tuesday (Aug. 31) Yandex announcement. Get the Full Story Complete...

Regulation
Robinhood Shares Fall as SEC Mulls Banning Payment for Order Flow
August 31, 2021

Shares of Robinhood fell on Tuesday (Aug. 31) after the Securities and Exchange Commission (SEC) Chairman Gary Gensler indicated that he is mulling a full ban of payment for order flow, a method that yields the majority of the online trading platform’s revenue, according to...

eCommerce
Adyen Releases Score Machine Learning Solution
August 31, 2021

Dutch payment processing firm Adyen on Tuesday (Aug. 31) announced the release of Score, a machine learning-based solution that picks up on irregular activity by analyzing the merchant’s data and flagging unusual user behavior. Get the Full Story Complete the form to unlock this article...