News

Security & Fraud
Payments Orchestration Helps Online Merchants Find, Plug Fraud Vulnerabilities
October 01, 2021

Among the key advantages of payments orchestration — which allows merchants and platforms to connect to any combination of payment service providers (PSPs) through a single application programming interface (API) connection — are higher conversion rates and enhanced customer satisfaction. Get the Full Story Complete...

Security & Fraud
Neiman Marcus Data Hack Impacts 4.6M eCommerce Consumers
September 30, 2021

Neiman Marcus Group has said it notified around 4.6 million online users that their personal data could have been accessed in a data breach dating back to May 2020, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Gopuff to Open Fulfillment Store to Consumers
September 30, 2021

Gopuff will be opening an omnichannel store in San Francisco to manage both in-store and online orders, Grocery Dive 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....

B2B Payments
Limonetik, Nuvei Team on EU Vendor Payment Capabilities
September 30, 2021

Payments technology firm Nuvei Corporation is partnering with payment and marketplace platform Limonetik in a move to boost its services in Europe and drive global expansion, according to a Thursday (Sept. 30) press release. Get the Full Story Complete the form to unlock this article...

B2B Payments
Elliptic, Prime Trust Team on Business Crypto Transaction Security
September 30, 2021

Elliptic, which works in blockchain analytics and cryptocurrency compliance solutions, has partnered with financial infrastructure provider Prime Trust to bolster Prime Trust’s dealings with crypto, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Bitcoin
Bitcoin Daily: CoinEx to Shut Down China Business; Missouri Mayor Promises $1K in Bitcoin to...
September 30, 2021

CoinEx cryptocurrency exchange is stopping its business in China as the government there cracks down on crypto, Cointelegraph 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...

Retail
Today In Retail: CarMax Inventory Suffers; Amazon Makes Connected Fitness Waves
September 30, 2021

In today’s top retail news, CarMax says its inventory is much lower than the company would like amid a shortage of new vehicles and high prices on used ones, while Amazon’s expansion of its Halo platform sharpens the company’s focus on connected fitness. Also, cosmetics...

International
Today in Payments Around the World: Unicorn Sightings Across Africa, EML Adds Open Banking  
September 30, 2021

Today in payments around the world, VertoFX raises $10 million to expand currencies on its platform, and Ofbusiness’ B2B platform is valued at $3 billion. Plus, Andela‘s recent funding round makes it the sixth unicorn in Africa, and EML Payments acquires Sentenial to push into...

Retail
Today in Restaurant and Grocery Tech: Deliveroo Moves Toward Rapid Fulfillment; Yelp Launches All-in-One Front-of-House...
September 30, 2021

Today in restaurant and grocery tech news, Deliveroo partners with major U.K. grocery chain Morrisons to develop an ultra-fast grocery delivery service, while back in the United States, Giant announced its own rapid delivery option. Plus, Jane McPherson, senior vice president of marketing at Capriotti’s...