News

Security & Fraud
With 80% of Data Breaches Involving Passwords, Their Retirement Cannot Happen Soon Enough
September 28, 2021

Passwords are, in a word, broken. We all know this — and yet we continue to use them almost reflexively. 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
Airwallex, Stake Team on Cross-Border Payments
September 27, 2021

FinTech company Airwallex has announced that it will be used by Australia-based digital brokerage Stake as a cross-border payments and foreign exchange (FX) partner, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Inside Remitly: Five Things to Know About the Newly Listed Money Transfer FinTech
September 27, 2021

Global remittance startup Remitly has made its trading debut on the Nasdaq under the ticker RELY, raising about $300 million through its IPO, which was priced at $43 — slightly above the previously announced expected range of $38 to $42. Get the Full Story Complete...

Merchant Innovation
LinkedIn Explores Hosting Paid Events on Its Platform
September 27, 2021

LinkedIn is deciding whether it will let users charge for virtual events hosted on the social media job site, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
India’s Swiggy in Talks to Raise $800M From Investors
September 27, 2021

Swiggy will be engaging in more fundraising as the Bengaluru-based online food ordering company is in talks with investors to raise around $800 million, Entrackr reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
South Africa’s Payabill Offers New SMB Payment Solution
September 27, 2021

The South African FinTech Payabill has launched a product that it says removes the risk of settling bills of international suppliers for small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Splitit Integrates With Salesforce Commerce Cloud for Streamlined Checkout
September 27, 2021

Global payment startup Splitit is integrating Salesforce Commerce Cloud to streamline users’ ability to spread payments over installments at checkout for eCommerce purchases, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Shipt Announces Deals Event to Drive E-Grocery Sales, Learning from Amazon’s Prime Day Success
September 27, 2021

Taking a page from Amazon’s book, Shipt, the Target-owned same-day delivery service for groceries, essentials and more, announced on Monday (Sept. 27) that it will hold a “Dealivery Days” event in early October. The event aims to attract shoppers with discounts on foods, cleaning supplies...

Bitcoin
Bitcoin Daily: City of Miami Approves Crypto Coin; Canada Regulators Issue Warnings About Crypto Ads
September 27, 2021

The city of Miami is the first jurisdiction to put a cryptocurrency in place via CityCoin, which is a city-based token, according to a press release. It’s called MiamiCoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...