News

Security & Fraud
UK High Court Tells Binance To ID Crypto Hackers
August 13, 2021

Cryptocurrency exchange Binance must identify hackers and freeze their accounts after one of the company’s users said it was the victim of a hack worth $2.6 million, under the terms of a High Court of London order, per Friday (August 13) reports. Get the Full...

B2B Payments
B2B Payments Today: ZenBusiness Eyes Next-Gen FinTech For Solopreneurs; Veem Launches Small Business BNPL
August 13, 2021

Today in B2B payments, ZenBusiness talks solopreneur FinTech, and Veem launches its buy now, pay later solution for small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Today In Retail: Restructured Neiman Marcus Focused On Its Core; Antiques And Art Start Embracing...
August 13, 2021

In today’s top retail news, Neiman Marcus’ new strategy has some experts bullish about the brand’s prospects post-bankruptcy, while auction houses and art dealerships are figuring out how to deliver a seamless digital experience for consumers. Also, eCommerce platform Wish warns investors it may not...

Retail
Today in Food Tech: Venmo Comes To Supermarkets; Restaurants Respond To Vaccine Mandates
August 13, 2021

Today in restaurant and grocery tech news, Giant Eagle becomes the first grocery chain in the country to accept PayPal and Venmo payments, while cities across the country begin mandating vaccinations for indoor dining. Plus, Ken Venturi, CEO of prepared foods brand Martha Stewart Kitchen,...

Investments
Chime Now Valued At $25B, Nearing Revolut’s $33B Valuation
August 13, 2021

The valuation for FinTech startup Chime Financial Inc. has swelled to about $25 billion after a $750 million fundraising round led by new investor Sequoia Capital Global Equities that could set the company up for its initial public offering by next year, per reports on...

Regulation
Merchants Call On Fed To Push PINless Routing Rules For Debit Transaction
August 13, 2021

The deadline has passed — and what looms now is whether or not the way debit transactions are done, particularly online, will change. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Martha Stewart Aims To Take On Every Aisle Of The Grocery Store
August 13, 2021

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 Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Investments
Argentine FinTech Ualá Attains $2.45B Valuation After Investment Round
August 13, 2021

Argentine FinTech Ualá has reached a valuation of $2.45 billion following a $350 million infusion of new private funding, the SoftBank-backed company said Friday (Aug. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
India’s IIFL Finance Teams With BNPL FinBox To Advance Credit Offerings
August 13, 2021

Investment company IIFL Finance is teaming up with buy now pay later (BNPL) startup FinBox to help merchants by offering new digital credit products, IBS Intelligence and others reported on Friday (Aug. 13). Get the Full Story Complete the form to unlock this article and...