News

Partnerships / Acquisitions
Visa Acquiring Swedish Open Banking Platform Tink For $2.1B
June 24, 2021

Visa is acquiring the Swedish open banking platform Tink for $2.1 billion after backing out of a $3.5 billion deal to buy the Silicon Valley FinTech Plaid. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Active Tracker
NuOrder: Automation, Standardization Can Reduce Cross Border eCommerce Payments Fees
June 24, 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...

eCommerce
Digital Receipts Seen As FI, Consumer Commerce Game Changer
June 24, 2021

Digital commerce may be happening at the speed of light — but too often, the receipts we get for all those things we buy leave much to be desired. When it comes to figuring out what we bought — as well as when, where and...

Retail
B2B Fashion Marketplace Adds Payments To Meet Industry Changes
June 24, 2021

Back before the digital-first economy became a primary force, brick-and-mortar retailers staked their claim to the curious customer on their windows. In fact, as global retail consultant Debra Templar famously told her clients: “The first impression a person is going to get of your shop...

International
A South Korean Startup Tosses Its Hat Into The Super-App Ring
June 23, 2021

Another super app competitor is stepping into the increasingly crowded Asian market as South Korea’s largest FinTech startup, Toss, has announced it has raised roughly $400 million, bringing the firm’s total valuation to $7.4 billion. The Seoul-based, Viva Republica-owned startup is now setting its sights...

Europe
EU Commission Eyes Cyber Unit To Fight Large-Scale Attacks
June 23, 2021

The European Commission is busy forming a Joint Cyber Unit that will help to deal with rising cybercrime, 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...

Partnerships / Acquisitions
NFL Enlists Goldman Sachs To ID Partnership Revenue Streams
June 23, 2021

The NFL will be working with Goldman Sachs, which will help the organization identify new partnership revenue streams, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Bitcoin
Bitcoin Daily: Fiserv, NYDIG Team On Crypto Sales; Paraguay University To Take Crypto Payments
June 23, 2021

An integration between payments provider Fiserv and NYDIG, which works in bitcoin tech and financial services, will enable financial institutions (FIs) to allow consumers to buy, sell and hold bitcoin via their bank accounts, according to a press release. Get the Full Story Complete the...

B2B Payments
BNY Mellon Eases Multicurrency Cash Management With Sweeps
June 23, 2021

As the newest addition to its growing collection of liquidity management offerings, BNY Mellon Treasury Services has rolled out cross-currency sweeps, according to a Wednesday (June 23) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...