News

International
Evergrande Saga May, in Time, Boost Payments-Related Investments and Innovation
September 21, 2021

As Evergrande goes, so goes China — at least short term, at least in certain sectors of the economy, particularly financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Partnerships / Acquisitions
US Bancorp to Pay $8B for MUFG Union Bank
September 21, 2021

U.S Bancorp announced on Tuesday (Sept. 21) that it will acquire MUFG Union Bank’s regional operations in an $8 billion deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Alternative Finances
Pipe Debuts UK Recurring Revenue Trading Platform
September 21, 2021

Recurring revenue trading platform Pipe announced the offering is now available in the U.K., a growth initiative that has the company adding a pair of tech veterans to its international leadership ranks. Get the Full Story Complete the form to unlock this article and enjoy...

Payments Innovation
Stripe Launches Revenue Recognition Tool to Automate Financial Reporting
September 21, 2021

Online payments processor Stripe is launching an integrated revenue recognition tool to automate financial reporting and streamline accounting functions. 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...

Digital Banking
Digital Banking Company Q2 Joins Forces With Plaid to Bolster Banking Capabilities
September 21, 2021

Q2 Holdings Inc., a cloud-based provider of digital banking solutions, is collaborating with financial services company Plaid to improve the digital banking experience at small banks and credit unions, Plaid announced in its Tuesday (Sept. 21) blog post. Get the Full Story Complete the form...

Investments
Bilt Rewards Nets $60M in Funding
September 21, 2021

Bilt Rewards, which enables users paying rent the ability to accrue points to be redeemed on rewards, generated $60 million in a recent funding round, pushing its value to $350 million, according to a Tuesday (Sept. 21) report from Bloomberg. Top contributors included Mastercard Inc....

Delivery
The Bring-It-to-Me Economy Comes for Alcoholic Beverages with DoorDash, Uber
September 21, 2021

The way consumers order alcohol is beginning to look increasingly like the ways they can order other goods they need every day, brought straight to their door within the hour. DoorDash announced Monday (Sept. 20) that it is adding beer, wine and spirits to its delivery marketplace in 20 states, D.C., Canada and Australia.  Get...

International
Square Launches Business Software Services in France
September 21, 2021

Following a successful Early Access Programme, global software, payments and hardware platform Square announced on Tuesday (Sept. 21) that it has launched in France, granting small and large French businesses access to the company’s innovative ecosystem with the tools they need to start, run and grow...

Retail
eCommerce Searches Fall Short By Prioritizing Speed Over Actual Sales Results
September 21, 2021

Despite advances in technology and mass adoption of eCommerce over the last several years, the basic way of searching for products online hasn’t changed all that much — search results are often listed “in order of relevance” in neat rows on a webpage. Get the...