News

eCommerce
New OfferUp CEO Aims To Grow Commercial Side Of Local Commerce Platform
June 28, 2021

OfferUp, like a lot of businesses, started out as an attempt to solve the problem of its founder, Nick Huzar; namely a room full of stuff in his house that had to go because he had a baby on the way and needed both the...

Banking
Underbanked Consumers Primed To Move Beyond Basic DDAs
June 28, 2021

Have phone, will bank. At least that’s the theory given the right set of financial products and services. 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...

Digital Banking
Galileo CEO: The Bank Of The Future Will Feel As Different As Paper Maps Of...
June 28, 2021

As banks move from closed to open platforms, Galileo CEO Derek White tells PYMNTS those that want to survive — and thrive — will need to develop new products, services and mindsets that will keep them in the middle of consumers who are increasingly on...

Delivery
Russian Grocery Delivery Startup Eyes US Market, And Its Higher Costs
June 28, 2021

Russia’s busiest provider of instant grocery deliveries is planning to launch a U.S. service, beginning in August in New York, Bloomberg News reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
China’s Central Bank Cuts Some Fees Affecting Small Businesses
June 27, 2021

A group of Chinese regulatory bodies and the country’s central bank jointly announced Friday that effective Sept. 30 they will reduce fees totaling about $3.7 billion annually that particularly affect small businesses and micro-enterprises. Get the Full Story Complete the form to unlock this article...

B2B Payments
Deluxe Pairs With Microsoft To Provide SMB Management Tools
June 27, 2021

Deluxe announced its payroll, accounting and human resources offerings will be available to users of Microsoft’s Dynamics 365 Business Central business management suite. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Chaser, FreshBooks Team On Automatic Invoice Payments
June 27, 2021

Global credit control automation platform Chaser will now be able to get automation tasks for invoices and accounts receivable (AR) done quicker, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
DeFi Apps Warn Against Increased Oversight In Global Virtual Event
June 27, 2021

Regulators, who almost by definition are centralized, are beginning to wrestle with the rise in decentralized finance, Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Circle Debuts Crypto Yield And Treasury Program In Bermuda
June 27, 2021

Circle’s new Circle Yield program, now approved in Bermuda, will allow corporate treasurers and institutional investors to leverage new opportunities for cryptocurrency yield, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...