News

Partnerships / Acquisitions
FortisPay Buys OmniFund to Boost AR Features
September 14, 2021

Payment technology company FortisPay, which works with businesses, independent software vendors and developers, has acquired OmniFund, according to an emailed press release on Tuesday (Sept. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Kroger Launches Virtual Store With Instacart For 30-Minute Grocery Delivery
September 14, 2021

Kroger is introducing a virtual convenience store in collaboration with Instacart that delivers groceries and other supermarket items in as little as 30 minutes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Salesforce, FedEx Ink Multi-Year Logistics Partnership for eCommerce Merchants
September 14, 2021

Salesforce and FedEx have partnered to provide merchants with new tools in a bid to meet rising demand and consumer expectations for fast, free shipping and returns while keeping supply chain costs low and increasing efficiency. Get the Full Story Complete the form to unlock...

B2B Payments
Sayari Labs Raises $40M to Boost Trade Transparency
September 14, 2021

Sayari Labs, which works in financial intelligence and supply chain risk solutions, announced that it has raised $40 million in a Series C funding round, according to a press release on Tuesday (Sept. 14). Get the Full Story Complete the form to unlock this article...

Retail
Security, Supply Chain Issues Overshadow Apple’s Annual Product Debuts
September 14, 2021

As it has nearly every September for over a decade, Apple is preparing to unveil its newest slate of iPhones, the 13th generation overall and the second with 5G capabilities. And while analysts aren’t expecting a massive redesign of the flagship phone, increased processing power...

B2B Payments
B2B Payments Platform Melio Raises $250M at $4B Valuation
September 14, 2021

B2B payments platform Melio has reached a $4 billion valuation after announcing it had raised an additional $250 million in a funding round, according to a press release on Tuesday (Sept. 13). Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Grovara’s B2B Marketplace Streamlines Exportation Process for US Wellness Brands
September 14, 2021

Facilitating exports has led to booming business for Grovara’s online B2B marketplace as well as the buyers and sellers who use it to make transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
Embedded Finance: What’s Old is New Again
September 14, 2021

Adam Cohen, general manager of enterprise at Payoneer, told PYMNTS that embedded finance is nothing new: “When you think about it, embedded finance is quite an old concept, and it’s been around for decades.” Get the Full Story Complete the form to unlock this article...

Payment Methods
The European Payments Initiative: Laying the Infrastructure for Europe’s Super Payments App
September 14, 2021

Across Europe — 44 countries, dozens of languages, myriad ways to pay — cross-border, cross-functional infrastructure could eventually give rise to a “super app.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...