News

B2B Payments
Excessive Commercial Card Fees Caught In FTC Crosshairs
August 18, 2021

Commercial card innovation continues to explore ways to expand the value proposition for corporate spenders and the businesses they pay. But this week’s top corporate card story centers on a new FTC lawsuit taking aim at a not-so-valuable feature: excessive fees. Get the Full Story...

B2B Payments
Australia’s NPP Discovers Inroads To B2B Payments Traction
August 18, 2021

Real-time payments aren’t only getting off the ground in more markets across the globe, but they’re also gaining traction in B2B payments — an ecosystem once assumed to be off-limits for instant transaction functionality. Get the Full Story Complete the form to unlock this article...

International
Chinese President Xi Calls For Wealth Redistribution
August 18, 2021

Chinese President Xi Jinping is calling for wealth redistribution that includes a framework for “common prosperity,” curbing excessive incomes and working to avert financial risks, according to state media reports and other news outlets. Get the Full Story Complete the form to unlock this article...

Payment Methods
Ingo CEO On Making Complex Payments Simple — For Life’s Complexities
August 18, 2021

When you can pay anyone, you can pay everyone. 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 form, you...

Retail
Ozon Wants Giant Slice Of Russian eCommerce Pie
August 18, 2021

Russian online retailer, Ozon Holding Plc, wants to have at least one-third of the country’s eCommerce market by 2026 through a tenfold increase in sales in the next five years, according to a Bloomberg report Tuesday (Aug. 17). Get the Full Story Complete the form...

B2B Payments
Biller Genie Secures $3.5M For Cloud AR Platform
August 18, 2021

The accounts receivable (AR) automation platform Biller Genie announced Tuesday (Aug. 17) it had completed a seed round of $3.5 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Today in Food Tech: Walmart Talks Grocery Inflation; NCR Donates To Restaurant Recovery; Krispy Kreme...
August 17, 2021

Today in restaurant and grocery tech news, NCR Corporation supports minority-owned restaurants in Atlanta, while an iconic Massachusetts family-owned restaurant will soon close its doors. Plus, Krispy Kreme’s first earnings report since going public. Get the Full Story Complete the form to unlock this article...

Investments
LatAm eCommerce Platform Nuvemshop Raises $500M In Series E Funding
August 17, 2021

Latin American eCommerce platform Nuvemshop, known as Tiendanube in Spanish-speaking countries, announced Tuesday (August 17) that it raised $500 million in its latest round of Series E funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bitcoin
Bitcoin Daily: Crypto’s Dogecoin Foundation Re-Launches Itself; Alibaba, China’s Sichuan Gov’t Team Up For NFT...
August 17, 2021

The Dogecoin Foundation, which was created seven years ago, is re-launching itself “with a renewed focus on supporting the Dogecoin ecosystem, community and promoting the future of the Dogecoin blockchain,” the group wrote in a public announcement Tuesday (Aug. 17). Get the Full Story Complete...