News

B2B Payments
Cambridge Global Payments, Steamchain Team On Payments For Shipping
June 29, 2021

Cambridge Global Payments and Steamchain Corp., with their newly announced partnership, will aim to streamline sending and receiving payments for global shipping and logistics, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
Today In Payments: JPMorgan Acquires Stake In Brazil’s C6 Bank; EU Plans To Accelerate Open...
June 29, 2021

In today’s top news, J.P. Morgan has acquired a 40 percent stake in C6 Bank, a Brazilian digital bank, and the European Banking Authority outlined plans to support open banking adoption. Plus, Facebook closed above a $1 trillion market cap Monday (June 28). Get the...

B2B Payments
B2B Payments Today: Airbase On Breaking Spend Management Silos; Telefónica, IBM Tap Blockchain For Supply...
June 29, 2021

Today in B2B payments, Airbase discusses breaking down spend management silos. Plus, Telefónica Tech and IBM harness blockchain to bolster the monitoring of supply chains, a regulator probes an accounting firm in the U.K. over an audit of Greensill Capital (UK) Limited and the Commercial...

Fintech Investments
SPAC Trailblazer Betsy Cohen Tells Investors To Think Globally
June 29, 2021

Betsy Cohen, a trailblazer in the special purpose acquisition company (SPAC) investment space and the chair of SPAC investment firm FinTech Masala, told investors during a webinar that the next wave of opportunities will come from abroad, Bloomberg reported Tuesday (June 29), citing the event...

eCommerce
Shopify Lowers Developer Fees, Upgrades Checkout, Gateway Options
June 29, 2021

Shopify has rolled out several new updates to its shopping platform, including reducing the developer revenue share to 0 percent for the first $1 million the companies earn annually, a press release says. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
Perfect’s YouCam Teams With Smashbox For AI Face Analyzer
June 29, 2021

Beauty technology startup Perfect, developer of the YouCam Makeup app, is further collaborating with Smashbox Cosmetics to create a face analyzer powered by artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Today In Retail: Walmart Introduces Private-Label Insulin; Tailored Brands Grows Collab With Bold Metrics
June 29, 2021

In today’s top retail news, Walmart is rolling out “the first-ever private brand analog insulin,” while Bold Metrics has grown its relationship with Jos. A. Bank and Men’s Wearhouse. Plus, The Citizenry is taking part in a post-pandemic pivot. Get the Full Story Complete the...

Retail
Appetite For Luxury Prompts Forecast Boost By Versace Parent
June 29, 2021

The post-pandemic appetite for luxury goods has prompted Capri Holdings — parent to Michael Kors, Versace and Jimmy Choo — to increase its profit and revenue forecast for the 2022 fiscal year, U.S. News reported on Tuesday (June 29). Get the Full Story Complete the...

B2B Payments
IBanFirst, Klarna Debut Open Banking For X-Border B2B Payments
June 29, 2021

Cross-border solution provider iBanFirst will roll out a new open banking service in partnership with Klarna, a Tuesday (June 29) press release said, which will streamline routine payment transactions and give a broad view of a corporation’s bank accounts. Get the Full Story Complete the...