News

Retail
Wakefern Joins Grocers Using Inventory Management AI to Save Labor and Boost Sales
September 15, 2021

As grocers face a challenging labor market, time-saving artificial intelligence (AI) solutions present the opportunity to make the most of the difficult situation. For its part, supermarket group Wakefern Food Corporation is expanding its use of a business intelligence solution from CB4, the technology firm...

IPO
Acorns Preps for IPO by Naming David Hijirida President 
September 15, 2021

Acorns Grow Inc. has hired former Amazon.com Inc. executive David Hijirida as its new president ahead of the savings and investing startup’s initial public offering, which will be part of its merger with a blank-check company, according to a Bloomberg report on Wednesday (Sept. 15). ...

Partnerships / Acquisitions
Trimble Partners With P&G to Revamp Transportation Sourcing
September 15, 2021

Trimble Transportation is collaborating with Procter & Gamble (P&G) to improve the transportation procurement process between shippers and carriers, according to a press release on Wednesday (Sept. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
Goldman Sachs to Buy FinTech Lender GreenSky in $2.24B All-Stock Deal
September 15, 2021

Global financial institution Goldman Sachs will purchase FinTech lending company GreenSky in an all-stock deal worth an estimated $2.24 billion, according to a Wednesday (Sept. 15) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Persona Raises $150M for Customer Identity Infrastructure 
September 15, 2021

Customer identity infrastructure platform Persona on Wednesday (Sept. 15) announced the closure of a $150 million round of Series C fundraising, giving the firm $200 million in investment funding in the past six months.  Get the Full Story Complete the form to unlock this article...

IPO
Anti-Fraud Firm ClearSale Lands $254M From IPO
September 15, 2021

The fraud protection company ClearSale has raised $254 million through its July 30 initial public offering (IPO) on Brazil’s B3 stock exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Europe
EU to Invest Billions in Blockchain, Data Infrastructure, Computing 
September 15, 2021

The European Union plans to make a multibillion-euro investment in technology development by sinking money into blockchain, data infrastructure and high-performance computing, according to a Bloomberg report Wednesday (Sept. 15).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Corporate Card Platform Cape and Open Banking Platform Basiq Partner on ‘Startup Launchpad’
September 15, 2021

Australian spend management platform Cape is collaborating with open banking platform Basiq on Basiq’s newly launched Startup Launchpad, according to a Wednesday (Sept. 15) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Faster Payments
BNY Mellon, Citi and Verizon Debut Request-for-Payment Service
September 15, 2021

Financial institutions (FIs) BNY Mellon and Citi have joined forces with wireless network provider Verizon to offer the ability to send request-for-payment messages to Citi banking customers, according to a Wednesday (Sept. 15) press release. Get the Full Story Complete the form to unlock this...