News

B2B Payments
HSBC Teams With Walmart On Working Capital Diversity
August 09, 2021

On Monday, August 9, HSBC Bank announced a collaboration with Walmart to help make working capital access more affordable and transparent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
VC Firms Pivot To SE Asian Startups Forecasted For $1T Growth
August 09, 2021

With a combined 2020 valuation of $340 billion, venture capital (VC) firms are paying attention to the technology space in Southeast Asia, as experts forecast that the region and segment will grow threefold by 2025, CNBC reported on Monday (Aug. 9), citing data from Jungle...

B2B Payments
Volaris Group Buys MetaViewer For New Invoice Capabilities
August 09, 2021

Volaris Group has bought MetaViewer, per a Monday, August 9, announcement. 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...

B2B Payments
B2B Payments Today: FortisPay Talks CFOs’ Data Strategy; UnionBank Creates SMB Payments Hub
August 09, 2021

Today in B2B payments, FortisPay eyes CFOs’ data strategy, and UnionBank launches payments hub for small businesses. Plus, Kaped discusses the next wave of alternative finance, Credit Suisse issues Greensill investment refunds, and Splyr raises funding for its B2B eCommerce technology. Get the Full Story...

B2B Payments
KPMG Spark To Use Bill.com For Automated Bill Pay Services
August 09, 2021

Managed accounting solution KPMG Spark has selected Bill.com to be its new partner to help automate bill pay, per an announcement on Monday, August 9. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Social Commerce
Instagram Experimenting With Instagram Shop Ads
August 09, 2021

Instagram has begun testing ads in the Instagram Shop tab, starting with a limited test involving U.S. brands including Away, Boo Oh, Clarepaint, Deux and Donni Davy to see if brands and users find the new initiative valuable enough to make a permanent feature. Get...

Regulation
Big Tech Compliance Tracker: BIS Wary Of Big Tech’s Power; Meituan Could Face $1B Penalty
August 09, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. 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,...

Investments
London Social Bank Kroo Raises $24.5M Toward Launch
August 09, 2021

London-based social bank Kroo recently raised 17.7 million pounds ($24.5 million) in Series A funding in a round led by Karlani Capital Founder Rudy Karsan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Today In Retail: Supply Chain Headaches Continue; Klarna Keeps BNPL Excitement Going
August 09, 2021

In today’s top retail news, retailers and industry watchers are elevating supply chain concerns ahead of the holiday shopping season, while buy now, pay later (BNPL) firm Klarna partners with an online luxury and fashion brand. Also, Walmart and Amazon will be forced to face...