News

Retail
NRF ‘Encouraged’ By Biden’s Supply Chain Efforts
August 27, 2021

The National Retail Federation (NRF) says it is “encouraged” by the Biden administration’s efforts to deal with supply chain disruptions, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Today In Payments Around The World: Tuition Refunds For Students In Australia, Visa And Arab...
August 27, 2021

Today in payments around the world: UnionPay gives tuition refunds to international students studying in Australia, and Visa and Arab Money Fund work on expediting cross-border payments. Plus, Britain raises the contactless payment limit, and Thunes and Bank Alfalah team up for a real-time payments...

Partnerships / Acquisitions
Banco Inter Acquires FinTech Startup USEND
August 27, 2021

Brazilian digital bank Banco Inter SA has reached an agreement to acquire FinTech startup USEND as part of its plan to reach beyond its South American borders, according to a securities filing, MarketScreener reported Friday (Aug. 27). Get the Full Story Complete the form to...

Digital Banking
Today In Digital Banking: BNY Mellon Puts Focus On Digital Payments, Patelco Credit Union Building...
August 27, 2021

Today in digital banking, Syracuse University going cashless at the Carrier Dome. Plus, Patelco Credit Union uses online bill pay to increase customer loyalty and BNY Mellon looks at how ERP systems and RTP can support business on their digital payment journeys. Get the Full...

Biometrics
Fingerprints And Seshaasai To Offer Contactless Payment Cards To Indian Consumers
August 27, 2021

Swedish biometrics company Fingerprint Cards (Fingerprints) and Indian smart card manufacturer Seshaasai have partnered to bring contactless biometric payment cards to the Indian market, according to a Friday (Aug. 27) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
SaaS EngageSmart Moves Forward With IPO Plans
August 27, 2021

Customer engagement software-as-a-service firm EngageSmart is moving ahead with plans for an initial public offering (IPO) on the New York stock Exchange under the ticker symbol ESMT. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
B2B Payments Today: Dole Upgrades Supply Chain Solutions; Banking As A Service Finds Home In...
August 27, 2021

Today in B2B payments, BaaS foreshows B2B payments’ future and Sensibill and Free Agent pair up on receipts. Plus, Dole tries to solve supply chain quagmire, Snyder raises $2 million in seed round and Plate IQ and Foodbuy get together. Get the Full Story Complete...

Investments
Australian FinTech Airwallex Seeks $3.5B Valuation
August 27, 2021

Australian FinTech Airwallex is seeking a $3.5 billion valuation in a new funding round to expand its footprint in the cross-border payments sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Dollarsmart Global To Raise $20M For ASEAN Expansion
August 27, 2021

Singapore-based DollarSmart Global (DSG) is pinning its hopes on an upcoming $20 million cash injection to help strengthen its operations and expand in its core ASEAN countries, after which it will turn its attention to African markets, particularly South Africa and Nigeria. Get the Full...