News

B2B Payments
CFOs Consider The Gig Route To Delivering Value To The Enterprise
July 28, 2021

The role of chief financial officer (CFO) is in the midst of a dramatic and exciting change. Far more than number crunchers, the CFO today often plays a key role at the head of the corporate table to guide a firm into new territory. From...

B2B Payments
Bank Collaborations Key To Faster Payment Initiatives
July 28, 2021

SWIFT’s latest product launch signals its continued efforts to accelerate and boost transparency in global B2B payments. But it’s also a reflection of the importance of industry collaboration between banks and FinTech innovators, with traditional financial institutions (FIs) often an important vehicle to test and...

Loyalty & Rewards
A Huge Post-COVID Loyalty Opportunity Exists — But UK SMBs Have To Pursue It
July 28, 2021

All over the world, consumers are warming up to the idea of shopping locally. 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 to our daily newsletter, PYMNTS...

Retail
ACI: Today’s Consumers Expect Grocers To Bring The Brand To Them
July 28, 2021

With the digital shift revolutionizing the grocery industry, brick-and-mortar is no longer the distinct channel it was in the early days of eGrocery. With online grocery advancing rapidly, expanding across the globe and raising funds by the billions, traditional grocery stores risk falling behind if...

Investments
South African SMB Payments Platform Yoco Nets $83M For Expansion
July 27, 2021

South African payments company Yoco has raised $83 million in a Series C funding round, according to a company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
MX, Dwolla Team To Automate Bank Account Verification
July 27, 2021

MX, a financial data platform, has partnered with Dwolla, which is a software platform working with funds transfers, to help customers more easily connect to depository accounts, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Walmart Puts Up $1B+ Toward Employee Education
July 27, 2021

Retail behemoth Walmart is earmarking more than $1 billion across the next five years to help its employees in the U.S. further their education in a move to cover tuition and books, per a Walmart press release on Tuesday (July 27). Get the Full Story Complete...

Investments
UK’s EV Subscription Service Onto Raises $175M To Fuel Growth
July 27, 2021

Electric vehicle (EV) subscription service Onto has raised $175 million in an equity and debt Series B funding round that will be used expand its offering across the U.K. — with eyes on growing the company into other areas in the future, according to a...

B2B Payments
Trade X Will Expand B2B Automotive Trading Platform Globally
July 27, 2021

Global B2B automotive trading platform Trade X Group of Companies Inc., will increase its worldwide expansion through acquisition and growth in North America, Europe, Asia, Africa and the Middle East, thanks to a $35 million equity investment in the company by Aimia Inc., per a...