News

B2B Payments
In A Tight Jobs Market, Employers Reconsider The Payroll Card
August 06, 2021

In today’s jobs market, for employers, finding ways to attract and retain talent is imperative to continuing operations and growth. Payroll is certainly at the top of the list when it comes to factors that can make or break an employee-employer relationship, so identifying the...

Partnerships / Acquisitions
John Deere Buys Autonomous Farming Tech Firm Bear Flag For $250M
August 06, 2021

Deere & Company has announced that it will be moving to acquire Bear Flag Robotics, 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 — no additional logins required....

Payment Methods
80 Pct Of Small Ad Hoc Payments Made To SMBs Face Looming Mandate To Move...
August 06, 2021

Although payments in the tens of thousands or even millions tend to characterize business payments, the reality is that many payments made by global buyers to their suppliers are anything but that. Roughly 80 percent of those payments are less than $2,500, and half are...

Retail
Perch Looks To Build The Consumer Products Company Of The Future, One Amazon Seller At...
August 06, 2021

As eCommerce has accelerated over the past 18 months, an increasing number of investors have been looking for a way to get a piece of the action. Buying stock in Amazon or eCommerce platforms such as BigCommerce, which went public in August 2020, is one...

International
Kenya COVID-19 Vax Program, Services Could Spur Economic Surge
August 05, 2021

Amid an increased focus on COVID-19 vaccination and a recovering services industry, Kenya anticipates that its economy will bounce back strong in 2021, up 6.6 percent this year after a growth of 0.6 percent in 2020. Get the Full Story Complete the form to unlock...

Retail
eCommerce Tech Firm Bluecore Closes Series E With $125 Million
August 05, 2021

Retail marketing technology company Bluecore has a $1 billion valuation now, following the close of a Series E round, giving the company $125 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bitcoin
Bitcoin Daily: Ethereum Software Upgrade Aims To Stabilize Crypto Fees; Luxury Brand Burberry To Release...
August 05, 2021

A new software update for Ethereum, the second-largest blockchain network, will likely stabilize transaction fees and cut down on the supply of the tokens, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Praetura To Help SMBs With Flexible Finance
August 05, 2021

Praetura Group has rolled out a new financial division to help small to medium-sized businesses (SMBs) to access flexible finance, the company announced on Thursday (August 5) via a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Banking, Cloud Firms Lead IPO And SPAC Announcements
August 05, 2021

Listing announcements this past week — initial public offerings (IPOs) and special purpose acquisition companies (SPACs) among them — were dominated by banking and high-tech firms focused on cloud technologies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...