News

Payment Methods
Three-Quarters of Mass Payment Recipients Want Payout Choice and Will Pay for It
September 08, 2021

Disbursements – and more specifically, mass payouts – are moving beyond the paper check and into the digital realm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Partnerships / Acquisitions
Global Payments to Buy MineralTree for $500M
September 08, 2021

Payments technology company Global Payments Inc. will pay $500 million to buy MineralTree, which provides accounts payable automation and B2B payment solutions.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
BankID and OneSpan Partner on Digital Banking Security
September 08, 2021

BankID will lean on the cloud authentication and anti-fraud offerings from digital banking platform OneSpan to “improve the customer experience and help secure one of the most widely used applications in Norway,” according to an announcement on Wednesday (Sept. 8). Get the Full Story Complete...

B2B Payments
Digital River, Chargify Team on B2B SaaS Management
September 08, 2021

The global commerce company Digital River announced on Wednesday (Sept. 8) that it has formed a partnership with Chargify, the billing/subscription management tool for B2B Software-as-a-Service (Saas) companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Walmart Partners With Meredith for AI-Informed Contextual Grocery Commerce
September 08, 2021

Walmart, the world’s largest grocer, continues to be an industry leader in contextual commerce. The retailer announced on Wednesday (Sept. 8) that it is partnering with media giant Meredith Corporation to create shoppable ads that allow consumers who interact with the media company’s content to...

Security & Fraud
Cyberattack Victimizes New Zealand Banks, Post Office
September 08, 2021

New Zealand was briefly the center of the cybersecurity world on Wednesday (Sept. 8), when several financial institutions (FIs) and the national post office were shut down by what government leaders said was a cyberattack. Get the Full Story Complete the form to unlock this...

Investments
eCommerce Aggregator Rainforest Raises $20M
September 08, 2021

Singapore-based eCommerce aggregation firm Rainforest has raised $20 million in a pre-series A round led by Monk’s Hill Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Investments
Insurance FinTech Marshmallow Lands $85M
September 08, 2021

The insurance FinTech Marshmallow got some sweet news this week, as it reached a valuation of over $1.25 billion to become the U.K.’s newest tech unicorn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
In-Store Fulfillment Creates ‘New and Unusual Workloads’ for Retailers
September 08, 2021

Not too long ago, cashiers would be able to process maybe a couple of hundred orders in an eight-hour shift, repeatedly scanning items brought to them by a customer and sending them off in a matter of minutes. With many consumers now opting to pick...