News

Partnerships / Acquisitions
B2B Payments Firm Voxel Acquires Australia’s Troovo
September 16, 2021

The Spanish B2B payments company Voxel has acquired the Australian-based Troovo for an undisclosed amount. As PhocusWire reported on Thursday (Sept. 16), Voxel plans to incorporate Troovo’s Robotic Process Automation technology into its baVel payment platform, giving it GDS connectivity along with a decision engine...

B2B Payments
Citizens Bank Launches Corporate Payment Solution
September 16, 2021

Citizens Bank has launched an integrated payments solution designed to make payments processing faster, simpler and safer for its corporate clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Apple Software Patch is an Indication of an Intensifying Cybersecurity Arms Race 
September 16, 2021

Apple released an emergency software patch on Monday (Sept. 13) after researchers at University of Toronto’s Citizen Lab uncovered a security flaw that could allow hackers to secretly install spyware on Apple devices through iMessage without users’ knowledge. Get the Full Story Complete the form to unlock...

B2B Payments
25% of AP Professionals Cite Duplicate Invoices as Major Pain Point, Waste of Time
September 16, 2021

Ask any accounts payable (AP) team about the shortcomings of their legacy invoice processing methods and you’re apt to hear some variation of the theme that they’re not always well-suited for coping with the modern expectations of pace and volume. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Buy Now Pay Later
London FinTech Curve Launches BNPL Alternative
September 16, 2021

London FinTech and super app startup Curve is introducing a new installment product to compete against the buy now pay later (BNPL) market, according to a Thursday (Sept. 16) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Live Shopping Platform Whatnot Hits $1.5B Valuation
September 16, 2021

The live shopping platform Whatnot has raised $150 million in a Series C funding round, its third round this year and the one that pushes it into unicorn status with a $1.5 billion valuation. Get the Full Story Complete the form to unlock this article...

Investments
UK FinTech Form3 Nets $160M In Series C Round
September 16, 2021

London-based payment technology firm Form3 has generated $160 million in a Series C funding round, according to a Thursday (Sept. 16) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Faster Payments
Clickatell, Cybersource Offer Simplified Chat-Based Payment System  
September 16, 2021

Mobile communications commerce company Clickatell has joined forces with Visa’s fraud management platform Cybersource to simplify chat-based payments and contact-free checkout, according to a Thursday (Sept. 16) report from IBS Intelligence.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Asia’s Pine Labs Secures $100M Investment From US Investor Invesco
September 16, 2021

Merchant commerce platform Pine Labs announced on Thursday (Sept. 16) that a new investor, U.S.-based investment management company Invesco, has taken an interest in its business, investing $100 million in the leading merchant commerce platform. Get the Full Story Complete the form to unlock this...