News

Retail
eCommerce Tech Firm Bluecore Closes Series E With $125 Million
August 05, 2021

Retail marketing technology company Bluecore has a $1 billion valuation now, following the close of a Series E round, giving the company $125 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bitcoin
Bitcoin Daily: Ethereum Software Upgrade Aims To Stabilize Crypto Fees; Luxury Brand Burberry To Release...
August 05, 2021

A new software update for Ethereum, the second-largest blockchain network, will likely stabilize transaction fees and cut down on the supply of the tokens, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Praetura To Help SMBs With Flexible Finance
August 05, 2021

Praetura Group has rolled out a new financial division to help small to medium-sized businesses (SMBs) to access flexible finance, the company announced on Thursday (August 5) via a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Banking, Cloud Firms Lead IPO And SPAC Announcements
August 05, 2021

Listing announcements this past week — initial public offerings (IPOs) and special purpose acquisition companies (SPACs) among them — were dominated by banking and high-tech firms focused on cloud technologies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Today In Food: Uber Eats Comes Out On Top, Fast-Casual Brands Join Forces
August 05, 2021

Today in restaurant and grocery news, Uber touts its global leadership in food delivery just as DoorDash gears up for a major grocery investment. Plus, Panera Breads teams up with other JAB Holding Company brands to pull ahead in the fast-casual space. Get the Full...

Retail
Child Tax Credit Boosts July US Retail Sales, Mastercard Reports
August 05, 2021

U.S. retail sales in July increased by 10.9 percent year on year, excluding auto and gasoline, signifying “nearly quadruple the average growth in the month of July,” a new report from Mastercard showed. Get the Full Story Complete the form to unlock this article and...

Retail
Today In Retail: Wayfair Customer Count Drops, But Etsy Holds Onto New Buyers
August 05, 2021

In today’s top retail news, Wayfair is seeing a decline in active customers as the nesting trend ends, while Etsy says it’s hanging onto people who came to its marketplace during the pandemic. Also, the toy industry saw a boost as kids returned to outdoor...

Payment Methods
Data Brief: 36 Pct Of College Hopefuls Blame Loan Application Snags, Payment Frictions On Old-School...
August 05, 2021

The Smart Receivables Playbook: Rethinking Tuition Payments In A Time Of Transformation, a PYMNTS and Flywire collaboration, opens with a fact that’s as momentous as it seems: “A massive shift to digital education technologies and platforms has occurred over the past year, with online and...

B2B Payments
Today In B2B Payments: CoreChain Eyes Blockchain’s B2B Payments Value; Interac Debuts Real-Time Business Payments
August 05, 2021

Today in B2B payments, CoreChain discusses blockchain’s value in B2B payments, and Canada’s Interac launches real-time business payments. Plus, Cross River Bank discusses financial institution upgrades, Zen raises new funding and Stampli launches an accounts payable partner program. Get the Full Story Complete the form...