News

B2B Payments
B2B Payments Today: Duplicate Invoices Cause AP Pain; Citizens Debuts Corporate Payments Platform
September 17, 2021

Today in B2B payments, the 33-day wait for cross-border payments and why AP professionals dread duplicate invoices. Plus, Conexiom Platform automates supply chain and AP duties, how AR automation speeds payment processing and Citizens Bank rolls out corporate payments offering. Get the Full Story Complete...

Retail
Today in Retail: Facebook’s New Online Shopping Tools; Amazon Gets Over 1M Job Applicants
September 17, 2021

In today’s top retail news, Facebook is introducing new tools for businesses to connect with consumers, while Amazon says it’s received over 500,000 applications for jobs in the U.S. and over one million applications globally. Also, a menswear resale marketplace received $60 million in funding...

Retail
Today in Restaurant and Grocery Tech: H-E-B Launches Store-in-Store Partnership; Walmart Soars Over Amazon Food...
September 17, 2021

Today in restaurant and grocery tech news, Texas supermarket chain H-E-B announced a partnership with a jewelry store, and ghost kitchen Wing Boss opened its first physical location. Plus, Taco Bell and Pret a Manger both launched subscription services this past week. Get the Full...

Security & Fraud
SushiSwap Crypto Platform Victimized by $3M Hack
September 17, 2021

SushiSwap Chief Technology Officer Joseph Delong said in a Twitter thread Friday (Sept. 17) the community-based decentralized finance (DeFi) company’s Minimal Initial SushiSwap Offering (MISO) platform fell victim to a software supply chain attack, according to an Ars Technica report. Get the Full Story Complete...

B2B Payments
87% of Firms Say AR Automation Speeds Processing, PYMNTS Data Show
September 17, 2021

Although much progress has been made, the fact remains that many businesses still rely on manual accounts receivable (AR) processes. But new data that reflect a growing list of benefits companies say they experience from automating AR show far-reaching positive impacts on firms’ collections processes. Get the Full Story Complete the...

Partnerships / Acquisitions
Priority Technology Holdings Finishes Finxera Acquisition
September 17, 2021

Payments tech firm Priority Technology Holdings, Inc. on Friday (Sept. 17) finalized its acquisition of Banking-as-a-Service platform Finxera Holdings, Inc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Partnerships / Acquisitions
Mental Health Startup BetterUp Expands With Motive, Impraise Acquisitions
September 17, 2021

Mental health and virtual coaching startup BetterUp closed deals for the acquisition of two technology software firms, Motive and Impraise, in a move to further expand its human behavior and growth business. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Menswear Marketplace Grailed Notches $60M in GOAT Group-Led Round
September 17, 2021

New York-based curated menswear resale platform Grailed has just raised $60 million in new funding with a Series B round led by GOAT Group, an established player in resale. Also participating in the funding round were Thrive Capital, Index Ventures and Groupe Artémis. Get the...

Investments
Stord Hits $1.1B Valuation After Series D Funding
September 17, 2021

Stord is now valued at $1.1 billion after the successful raise of $90 million in Series D funding. This new round of seed financing is earmarked to grow the Atlanta-based logistics startup, and comes after closing a Series C at $65 million six months ago....