News

B2B Payments
Cygnet InfoTech Brings Digital Invoices To Saudi Arabia
October 01, 2021

Global technology company Cygnet InfoTech is growing its footing in the Middle East with the rollout of a digital invoicing platform in Saudi Arabia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Hackers Swiped Crypto From 6K+ Coinbase Users
October 01, 2021

Cryptocurrency hackers stole from at least 6,000 Coinbase Global accounts in a hack between March and May 20, according to a breach notification letter sent to the customers who were affected, Reuters reported on Friday (Oct. 1). Get the Full Story Complete the form to...

Partnerships / Acquisitions
Delivery Hero Adds Danish Food Delivery Platform Hungry
October 01, 2021

Food delivery platform Delivery Hero has acquired Danish online food delivery marketplace Hungry, the company announced on Friday (Oct. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Today In Retail: Consumer Spending Up in August; Neiman Marcus Data Breach Hits 4.6M Customers
October 01, 2021

In today’s top retail news, personal spending was up slightly in August despite concerns about the delta variant, while most brands have yet to take advantage of the new ability to partner with college athletes. Also, Neiman Marcus has disclosed that a data hack dating...

International
50% of US Senders Use Mobile Wallets for Cross- Border Remittances
October 01, 2021

Cross-border transactions are picking up steam, especially amid the pandemic. 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...

B2B Payments
Flex by Finaxar Helps SMBs With Spending Controls
October 01, 2021

Small and medium-sized businesses (SMBs) can now issue Flex Visa Debit cards to their employees to better regulate business expenditures using Singapore-based FinTech platform Finaxar Holdings Pte Ltd’s Flex by Finaxar. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
eCommerce Startup Merama Closes $225M Series B Round
October 01, 2021

The Latin American eCommerce startup Merama has raised $225 million in Series B funding, bringing the value of its direct-to-consumer (D2C) financing business to close to $850 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Znode and Avalara Team to Automate VAT Compliance
October 01, 2021

B2B eCommerce platform Znode has partnered with cloud-based business tax compliance automation platform Avalara to support automated Value Added Tax (VAT) compliance, according to a Friday (Oct. 1) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Singapore Central Bank Plans Digital Data Sharing Platform To Fight Money Laundering
October 01, 2021

A digital sharing platform is being developed by Singapore’s central bank in a move to help fight money laundering and other financial maneuvers that fund illegal activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...